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Answered

Forwarding Enquiry: Expatriate Entrepreneurs in Malaysia

MaGIC 6 years ago updated 6 years ago 2
Hi,
I’m currently writing an article regarding Expatriate Entrepreneurs in Malaysia and would like to know who can I contact to get more information about it? The article will appear on the following sites, http://www.mybajet.my which is endorsed by MOF to promote any news and articles related to the Malaysian budget as well as various ways the government is helping to promote business growth andhttp://www.abood.my which is a lifestyle magazine portal.

Understand that MaGIC has an allocation set aside for Expatriate Entrepreneurs looking to set up business in Malaysia and would like to know more on how MaGIC is helping to promote and assist such Entrepreneurs.

Thank You for your time, hope to hear from you guys.
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Answered
Pertaining to your question, generally the franchise system in Malaysia is the “business unit” concept whereby you are required to setup the business concept such shop lot, kiosk, mobile or etc. Therefore, try to think about your business concept I mentioned and then apply for the franchise license from Ministry of Domestic Trade, Consumerism and Cooperative (MDTCC). But take note, the principle requirement required at least 3 years in business operation prior for registration.