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I need some information on settling down in Malaysia and need some details. I wanted to know what sort of of a business could be started with an amount of half-a-million ringgits and which is the best part of the country in terms of business? Any other detail will also be appreciated.

Thanx

2007-02-05 00:00:04 · 6 answers · asked by Munir A 1 in Travel Asia Pacific Malaysia

6 answers

McDonald or KFC Franchise

2007-02-05 22:01:18 · answer #1 · answered by oskortos80 2 · 0 0

Malysia is a land of opportunities, maybe a little like the US were 50 years back so almost any business is good - but especially in the food & beverage (not necessarily alcoholic though) there are still lots of 'vacancies'... it depends in what line you are as others mention, and yes, you will need a Malaysian citizen as your busines partner (can be Chinese, Malay, or any other ethnic group, as long as the person has citizenship). You yourself might initially find it a bit troublesome to get all the papers that allow you to work here, but setting up a company (Sendirian Berhad [Sdn Bhd] - like Ltd.) is comparatively cheap, fast and hassle free, really!

2007-02-06 07:50:44 · answer #2 · answered by Effendi R 5 · 0 0

You can get all information for setting up a business in Malaysia through the Malaysian Industrial Development Authority (MIDA). They can advice you from what sector to get into, how much it will cost, guide to registering a business, Malaysian tax, etc.

2007-02-06 10:26:26 · answer #3 · answered by N L 3 · 0 0

well it depends on wat line are u keen on venturing in.u can start small like coffee shop,restaurants as the food chain in Malaysia is forever growing or u can invest in IT based companies, constuction or just put the cash in fixed deposit n get interest for it.with the amount of cash u hv u can start any kind of business according to ur skills. but u nd 2 find an malaysian partner or advisor.the best place to start would be in d capital kuala lumpur but u can also start in other growing cities like johor bahru,penang,shah alam.

2007-02-05 08:16:43 · answer #4 · answered by shzp 2 · 0 1

there's a lot of business to open here..
with 1/2 million i suggest u open either
-retail outlet.
-fast food franchiest.
-import trader / agent..
i know ppl from overseas, importing cheese, flowers etc2
lots of potential..

what kind of business u r looking for..
share with us..

rgds
azayi1@yahoo.com.au

i'm interested.. mybe u want a partner or something?

2007-02-05 11:00:55 · answer #5 · answered by azayi1 5 · 1 0

AS A PROPERTY DEVELOPER. I WOULD SAY IT WOULD BE GOOD FOR YOU TO INVEST IN PROPERTIES OR RELATED BUSINESS. REASON BEING THAT PROPERTIES ARE FOREVER JUST AS MUCH AS PEOPLE SAY DIAMOND IS FOREVER. TQ

2007-02-05 18:17:18 · answer #6 · answered by NMZNT 1 · 1 0

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