Malaysia
Business Expansion
made easy.

Why Malaysia?

Malaysia, strategically located in the heart of Southeast Asia, is a land rich in culture, nature, heritage and modernity. As one of Asia’s most vibrant economies, Malaysia offers a dynamic business environment with advanced technologies and well-developed infrastructure – a combination that makes for a compelling business case for companies and investors alike.

Malaysia is an open and newly industrialised market economy. Malaysians generally lead a more affluent lifestyle than peers in other upper middle-income countries (like Mexico, Turkey and Brazil) and this is due to a low national income tax, low cost of local food, transport fuel, readily available household essentials, access to fully subsidised single payer public-healthcare and comprehensive social welfare benefits.

Malaysia serves as the gateway to the ASEAN region, particularly for China, and it has been rolling out business-friendly initiatives and policies to encourage foreign direct investment. More than 1,500 Malaysian companies are operating in other ASEAN countries and its solid manufacturing base, cultural diversity and multilingual talent help to connect it with key markets across the region, cementing its status as a connected gateway and support its gateway endeavours.

Reasons to do business in Malaysia include:

  • Member of ASEAN
  • Attractive tax incentives
  • Advanced infrastructure
  • Competitiveness ranking

Doing Business in Malaysia

Like all markets in Asia, Malaysia has unique business and cultural considerations that shape a company’s experience this vibrant market. To make business expansion easier, here is a list of important aspects about doing business in Malaysia:

  • Tax obligations
  • SOCSO (Social Security Organisation)
  • The Employment Provident Fund (EPF)
  • Expat and local employment considerations
  • Business etiquette

Planning to set up or further expand in Malaysia? Download our Malaysia business expansion guide to learn more.

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How Tricor can help in Malaysia

Tricor Malaysia has its corporate office in Kuala Lumpur and branch offices in 6 major cities across Malaysia: Ipoh, Johor Bahru, Labuan, Melaka, Penang and Seremban and 2 representative offices in Kota Kinabalu and Kuching.

Tricor Malaysia was established in 2006 through the acquisition of the client accounting, payroll outsourcing, company secretarial and share registration businesses of Total Corporate Compliance Sdn Bhd (TCC Group) and Tenaga Koperat Sdn Bhd (TK) in Malaysia, and further expanded in 2007 through the acquisition of the PFA Group, formerly a service arm of Deloitte Touche Tohmatsu in Malaysia. Its predecessor companies had been operating for over 30 years in Malaysia.

Tricor Malaysia aims to provide one-stop total solutions to its clients. A leading provider of integrated business, corporate and investor services in the Asia region, we have expanded our solutions to include governance, risk and compliance; SST advisory, training and services; issuing house services to complement share registration services; internal audit advisory to support risk management; tax services; business centre and IT solutions.

Tricor Malaysia has a wealth of local knowledge to provide expert advice on setting up and doing business in Malaysia, as well as the capability to extend services across Asia and other regions through Tricor’s global network.

In early 2009, Tricor acquired Roots Consulting Sdn Bhd. The addition of Tricor Roots Consulting Sdn Bhd (TRC) further enriched Tricor Malaysia’s service offering. From a background of being primarily a specialised consulting and training provider since 1999, TRC is now a recognised leader in the area of Governance, Risk & Compliance (GRC) as well as Performance Management in the Asia Pacific Region. Tricor Roots Consulting is able to provide a wide range of integrated training, advisory services, and software solutions which are integral to assisting organisations to dramatically improve strategic and operational performance.

In October 2012, Tricor Malaysia introduced Tricor Hive, a vibrant business centre catering to the start-up community with services that go beyond facilities and operational needs. Tricor Hive’s solutions and resources focus on accelerating the growth and success of entrepreneurial ventures. Features include serviced offices, virtual offices, business set-up solutions, fully equipped meeting rooms and TwoJ business lounge with a relaxed setting and spectacular views.

Tricor’s comprehensive service offerings include accounting and tax services for multinationals and small and medium enterprises; corporate governance, administration and secretarial services for both listed and non-listed companies; investor and share registry services; and human resources and payroll services.

Whether you want to establish business in Malaysia or overseas jurisdictions, our experienced professionals can advise and assist. In Malaysia, Tricor’s experienced team can advise on the type of entity and the appropriate corporate structure and register the entity according to legal requirements.

As the leading business expansion specialist in Asia, Tricor provides the building blocks for, and catalyses every stage of your business growth, from incorporation to IPO.

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Tricor Services in Malaysia

Client Success Stories with Tricor

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