Malaysia is strategically located at the Straits of Malacca, one of the most important worldwide trade routes located between Sumatra (Indonesia) and the Malay Peninsula. Since its independence from British colonial rule in 1957, Malaysia has become a modern industrial nation. Staying true to its origins as a trading hub at the crossroads between East and West, Malaysia boasts a strong infrastructure including modern airports, seaports and an excellent rail network.
Economic growth in Malaysia in the past largely relied on its abundant natural resources, including tin, palm oil, rubber, and petroleum. Recently, the country has become a global manufacturing hub for high-tech electronic products, in particular in the semiconductor industry. A strong services sector has led to a high degree of economic diversification. Malaysia has the highest English proficiency rate in Asia, with Singapore coming in second.
Recently, Malaysia was listed as the second-best location for internet startups globally, due to its multi-racial and multi-cultural diversity.
The law of Malaysia is based mainly on the common law legal system. Doing business in Malaysia is not without challenges, however special economic zones, attractive government incentives, as well as an excellent overall investment environment make it an attractive choice for foreign investors.
In Malaysia we operate as Ressos & Partners Sdn Bhd, a wholly foreign-owned professional services firm facilitating the provision of legal advice through duly authorised law firms in Malaysia and the Malaysia desk of Ressos Legal Pte. Ltd. in Singapore. Our Malaysia desk has extensive experience in advising on blockchain and ICO related matters.
Corporate services, tax/accounting and audit
Ressos & Partners Sdn Bhd, the tax and corporate services arm of Ressos in Kuala Lumpur, offers a complete range of services at all stages of the business lifecycle: from Malaysia company incorporation and Malaysia corporate services, the provision of local nominee directors in Malaysia in accordance with strict statutory compliance requirements, and ongoing support services (e.g. work visa, payroll and business process outsourcing), to the liquidation of companies incorporated in Malaysia.
Our services in Kuala Lumpur offer a quality "one stop" solution, empowering clients to focus on their core business in Malaysia.