RESOURCE TOOL | Q&A FORUM | APPOINTMENT BOOKING
This is an online forum for startups to ask any questions related to entrepreneurship. Simply post your enquiry and we will assist you in getting the answer you need by either our resident MaGICians or partnering agencies. The User Demo below helps show you how to post your enquiry and be notified when it's answered.
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Changing type of company
How can I change my sole proprietorship company to a private limited company without having to create a new company?

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What is TCM
Among the approved practitioners Body by Kem. Kesihatan Malaysia are Persatuan Kebajikan dan Pengubatan Islam Darussyifa’, Federation of Chinese Physicians and Medicine-Dealers Association of Malaysia (FCPMDAM),Gabungan Pertubuhan Pengamal Perubatan Melayu Malaysia (GAPERA), Malaysian Association of Traditional Indian Medicine (PEPTIM), Federation of Chinese Physicians & Acupuncturists Association of Malaysia (FCPAAM), Malaysian Chinese Medical Associations (MCMA),Malaysian Homeopathic Medical Council (MPHM), Federation of Complementary & Natural Medical Associations, Malaysia (FCNMAM), With so many T&CM premises nationwide offering various types of practices, it is hard for you to identify which one is truly a professional, caring and ethically T&CM practitioners. Please bear in mind, when money is at stake, someone will do anything to easily get rich. I would like to organize a group of senior citizenship who are good in this area to generate basic income for them.

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What type of company should my startup be registered as ?
I am foreigner with a team of 4 other people. we are planing to register as a licensed company to obtain legal rights such as loans and be able to issue permits and have a trademark among other things. what's the recommended entity type "Ltd, Sdn Bhd, .. ?"

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Forwarding Enquiry: Advice needed for a new startup
Hi Magic team,
I am Sabrina from the Localusher team and we are working on a new idea. We are going to provide a platform to connect the locals in Malaysia to travelers who want a most authentic taste of Malaysia. The locals will bring the travelers around based on their interests.
We are very excited about this idea because we love traveling and are passionate in bringing out hidden gems in Malaysia to the world. We already have a website at www.localusher.com and we are currently talking to interested locals who are keen on being localushers.
However, we have some doubts regarding the legal aspects. Do we have to apply for a license to do this? We have just submitted an application to Cradle but to be honest, we have no funding for now except for what we can pool out ourselves. We most certainly prefer to not commit to any monetary burdens before we actually achieve anything. But we do not want to fall into any illegal category too.
Thus, we need some expert advice on this. Thanks for taking the time to consider our questions.
I am Sabrina from the Localusher team and we are working on a new idea. We are going to provide a platform to connect the locals in Malaysia to travelers who want a most authentic taste of Malaysia. The locals will bring the travelers around based on their interests.
We are very excited about this idea because we love traveling and are passionate in bringing out hidden gems in Malaysia to the world. We already have a website at www.localusher.com and we are currently talking to interested locals who are keen on being localushers.
However, we have some doubts regarding the legal aspects. Do we have to apply for a license to do this? We have just submitted an application to Cradle but to be honest, we have no funding for now except for what we can pool out ourselves. We most certainly prefer to not commit to any monetary burdens before we actually achieve anything. But we do not want to fall into any illegal category too.
Thus, we need some expert advice on this. Thanks for taking the time to consider our questions.

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IT Business
HI,
I am currently working as an analyst Programmer and thinking of starting up my own IT solution and consultation. I am little bit blur on how to get it start, funding part of the business and so on..
I am currently working as an analyst Programmer and thinking of starting up my own IT solution and consultation. I am little bit blur on how to get it start, funding part of the business and so on..

Answer
MaGIC
11 years ago
Hi Riby,
We recommend you to join MaGIC Startup Academy to equip yourself with startup skills and knowledge.
We also provide co-working space for your startup and community benefit.
In terms of funding, Cradle does provide fund for ICT based startup. Check out here.
Furthermore, you can check out our Resource Tool to search for plenty of funds for ICT available.
Should you have more specific enquiries, do let us know.
We recommend you to join MaGIC Startup Academy to equip yourself with startup skills and knowledge.
We also provide co-working space for your startup and community benefit.
In terms of funding, Cradle does provide fund for ICT based startup. Check out here.
Furthermore, you can check out our Resource Tool to search for plenty of funds for ICT available.
Should you have more specific enquiries, do let us know.

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Answered
Business Modelology: How To Build The Perfect Pitch Workshop
I attended Business Modelology: How To Build The Perfect Pitch on 16th Dec. Brett Martin told us not to waste effort taking photo of his slides as they will be shared. Pls arrange a copy for all participants coz I cant reach him on his twitter. Need it urgently. Thank you.

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Import of Agriculture Products
I would like to know if I need to obtain permit for importing fresh agriculture product such as mushroom

Answer
MaGIC
10 years ago
Hi,
Import of agriculture products is under the supervision of Department of Agriculture Malaysia. You can obtain permit from them. Kindly contact them for more info.
Best regards.
Import of agriculture products is under the supervision of Department of Agriculture Malaysia. You can obtain permit from them. Kindly contact them for more info.
Best regards.

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How does small company to hire an expat
We are small company that require to hire a French expat that specializing on tailor made French language program. We submit application online through ESD Service however got rejected few times as one of the requirement is paid up capital of RM 200K at least. Our company is specializing in tailor made French language program for schools, higher institutions and corporate companies. Can MAGIC direct us to agency that may able to assist us as entrepreneur we cannot have high paid up capital.
Thank you for your assistance.
Jurina Sufian
Thank you for your assistance.
Jurina Sufian

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Legality of possible business in Malaysia
Hi Magic, Do you guys have any lawyer with you guys? Usually how can we make sure our business or startup is legal? Besides, do you guys have any contact in Kementerian Kesihatan Malaysia or Malaysia Medicine council as I have some concern regarding act 564 Telemedicine act 1997.

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Forwarding Enquiry: Help on Becoming Entrepreneur
Hi i'm basically wants to do my own thing or become an Entrepreneur but i have zero idea what to do and how to do it, can MAGIC help me in reaching my Goal? I need more Info about MAGIC on what is your function towards people like me.
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