Expatriate Forums in Malaysia

TwoTriBeZ · Joined: 28 Sep 2005 Posts: 1 Home Country: NULL

Hi there,

This is an interesting read. Now I have applied for the rep office as I was told it will be easier to get an expat pass for a rep office rather than a private limited company.

The rep office has been approved. What I basically want to know now is that once I get my expat permit, can I be employed or become a director of a local company? Or do my salaries and rep office expenses have to be paid for by the parent overseas company?

Do I need to hire local people for my rep office, because on a logical stand point, we are not a huge company and I seem to be able to handle all the work without the need of even a secretary.

So what I can gather is that, a rep office can only incur expenses, it cannot collect any fees. Is this correct? Can it however collect money on behalf of the Singapore Office? Meaning that the Rep office can open a local bank account?

What confuses me is that if the Rep office cannot make money, how can it collect money on behalf of the Singapore office. Because to me, depositing money into the Rep offices bank account, by collecting money on its behalf is showing the govt that it is making money from somewhere. Sorry if it sounds confusing.

The next thing is that in terms of accounting procedures, the rep office has been approved but there are no accounting procedures or assistance regarding these things to come with it.

What is the best way to obtain these kinds of information?

Hope you can assist.

Thank you.

milad

hi
you guys keep talking about representative office but nobody mention that how we can set up representative office in malaysia ...what documents have to be issue by parents company??where we suppose to go??what are the process???procedure???
is it all documents have to be certify by malaysian embassies oversea ??or not???
pls put more details on this page
thanks

Patrice

Strong Eagle · Posted: Sun Sep 10, 2006 9:31 am Post subject:

I looked long and hard into a rep office and finally gave up. Even though it seems to be allowed by law, there seems to be no forms or process for actually setting one up.

I ended up setting up an Sdn Bhd (private limited) company, with two Ringgit worth of shares, held by my Singapore company.

The effect is the same. As long as anybody who goes to Malaysia to conduct business is paid out of Singapore, I have no Malaysia salary expense, and hence, no need for work permits, etc.

I originally thought I might have to bill through by Malaysia company but I have set all my contracts out of Singapore, with the Singapore entity of my client companies so that I have no Malaysia transactions. If you do have Malaysia transactions, the corporate tax rate is high.

Patrice · Posted: Sun Sep 10, 2006 4:38 pm Post subject:

Strong Eagle · Posted: Sun Sep 10, 2006 5:49 pm Post subject:

Patrice · Posted: Sun Sep 10, 2006 9:02 pm Post subject:

Shardy · Posted: Sun Sep 10, 2006 9:23 pm Post subject:

My company hired a local law firm and they sorted out our Branch Office for us. It took a while but didn't run into major problems. Haven't tried getting a company bank account though!

milad · Posted: Sun Sep 17, 2006 12:59 pm Post subject: representative office

hi everyone
as i told you before im planning to set up a representative office in malaysia(its our family business)and i will be in charge of stated office in malaysia as a manager and we will employ 1 local staff perhaps.
but the thing here is that im 25 years old and i heard i need to be 27 in order to get a work permit is that true?do i need to be 27 ?but i dont want to be employed in other companies?its my own business
plz do let me know if you guys have any information
thanks alot

Strong Eagle · Posted: Sun Sep 17, 2006 5:34 pm Post subject: Re: representative office