Starting Managing Biz Eguide - ipad mockup

Starting and Managing a Business in Malaysia

Key steps to creating a proper legal foundation for your business

Topics in the e-Guide

  • Things to consider before starting your business
  • Which business entity should you choose?
  • How to fund your business?
  • What kind of licenses are required?
  • What kind of basic governing documents are needed?
  • Other legal agreements
  • How to regulate employment issues?
  • What are the taxes payable?
  • Other compliance and reporting obligations
  • How to protect intellectual property rights


The Malaysian Government has relaxed many rules and opened up the government policies to make Malaysia a preferred destination for doing business, so much so that Malaysia is ranked as No.2 in terms of ease of doing business in ASEAN, as reported by the World Bank’s Doing Business Report 2019.

This e-guide briefly sets out the key steps to creating a proper legal foundation for your business which includes picking the right entity, getting the right licenses, using the right agreements, registering and paying your taxes, handling employment matters to protecting your intellectual property.

Responsibilities of Executor:

  • Apply for and extract the grant of probate.
  • Make arrangements for the funeral of the deceased.
  • Collect and make an accurate inventory of the deceased’s assets.
  • Settling the debts and obligations of the deceased.
  • Distributing the assets.

Note for Digital Executor:
If you wish to leave your digital assets to certain people in your Will, there are important steps that need to be taken to ensure that your wishes can be carried out:

  • Keep a note of specific instructions on how to access your username and password of your digital asset.
  • You are advised to store these private and confidential information in a USB stick, password management tool or write them down.
  • Please inform your executor or a trusted person of the whereabouts of the tools so that they will have access to your digital asset.