Why Malaysia
From a country once primarily dependent on agriculture and light sweet crude oil, Malaysia has become an export-driven diversified economy spurred on by high technology, knowledge-based and capital-intensive industries in the 21st century. Our mature and integrated ecosystems developed over the decades nurtured a strong local supply chain that supports the long-term growth of your business.
Malaysia is at the heart of Asia, 2 hours flight time to cover Southeast Asia and within 6 hours for the whole of Asia. The Malaysia government has consistently been a global leader in the World Bank’s Ease of Doing Business rankings (2nd in ASEAN and 12th in the world, 2020 report). The consistent efforts to make regulations more efficient, accessible and simple have fostered a conducive business environment for Malaysia’s entrepreneurs and investors. Regional FTAs have facilitated 0% import duties for over 98% of total products between Malaysia and ASEAN member countries. This lowers the cost of doing business in a potential market size of 3.9 billion people and growing.
Malaysia has 20 public and over 50 private universities, in addition to over 1,400 technical and vocational education and training colleges to support the growth of the talent pool in the country.
All the above and more have thrust Malaysia into being internationally recognized as the 5th ‘Most Attractive Emerging Market in 2021’ according to Bloomberg.
Ledgen Malaysia Sdn. Bhd.
Khaw Teik Thye – Country Head
Our Malaysian office is headed by Mr. Khaw, a chartered accountant with over 30 years of accounting experience which includes being partner of outsourcing division of a mid-tier audit firm, audit committee chairman of a public-listed company and senior management roles with in the Corporate Services industry in Malaysia.
If you would like to set-up an entity in Malaysia or require any assistance in corporate secretarial, accounting, tax compliance and HR & payroll services for your existing entities, please reach out to us today at malaysia@ledgengroup.com
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Office: (603) 29359108
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Address: Unit 1203, Level 12, Uptown 1, No. 1, Jalan SS21/58, Damansara Uptown, 47400 Petaling Jaya, Selangor Darul Ehsan, Malaysia.
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