Tuesday, March 30, 2010

How to start a company?

Few days ago, I have a short discussion with my friend.

Actually, It's not easy to start a business in Malaysia.... you need to do the following official things:

1. Apply trading license
2. Apply electricity meter
3. Apply telephone
4. Apply streamyx
5. Register your company
6. Apply Socso account
7. Apply EPF account
8. Apply import/export license
9. Apply music license
10. Apply income tax account
11. Company Insurance
12. Register with JKKP (if factory)
13. Register with DOE (if concern)
14. Register with BOMBA (if related)
15. Apply import/export duties
16. Apply GST account.
17. Apply special license from consumer and trade affair department....

That's why people are not willing to go for business in Malaysia.... too many red tapes...

Norm'C

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