Starting up a business, in Malaysia is an interesting process. Irrespective whether it is a brick and mortar setup, or an online setup.
If you intend to create a legitimate online business, to receive checks or to go public, it’d be wise to register your enterprise with the SSM. If its a personal freelance business, there’s a simpler way of doing things, nonetheless the checklist is equally important!
The checklist is necessary irrespective.
— 1/. Register your Company Name through the SSM
— 2/. Once registered, get your Company Secretary to draft out a Bank Opening Resolution and have that signed. Go to your preferred bank, and open your Company account.
— 2b. File your Company with the Inland Revenue Board, the EPF and the Social Security Organisation
— 3/. Setting up your Company
— Location: Lease, Security Guarantee & Deposit
— Furniture & Fixtures: Visit IKEA or Courts for Company discounts
— Hardware: Contact Apple, HP, or DELL for Company discounts
— Software: Visit online stores of software publishers or to contact your local distributor for discounts.
— Prepare HR or if you have someone working as a Human Resource person, get him to work on the Liveware [employees] list. Hire only the necessary – start small.
— Prepare Marketing & Advertising media.
— Prep. your employees
— 4/. Design your marketing stationeries: business cards, postcards, stickers etc.
— Design and setup your online presence: I recommend WordPress for Business.
— Register a Virtual Office if you’re starting small, or from your kitchen.
— Officially open your Company & Call upon your first client.
It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly; who errs and comes short again and again; because there is not effort without error and shortcomings; but who does actually strive to do the deed; who knows the great enthusiasm, the great devotion, who spends himself in a worthy cause, who at the best knows in the end the triumph of high achievement and who at the worst, if he fails, at least he fails while daring greatly. So that his place shall never be with those cold and timid souls who know neither victory nor defeat — Theodore Roosevelt
— Suruhanjaya Syarikat Malaysia
— Inland Revenue Board
— Employment Provident Fund
— Official Malaysia Government Portal
— Social Security Organisation
— Malaysia Banks
— MOO Stationeries
— WordPress for Business