Malaysia offers three main types of working visa or passes. They are the following:
- Employment Pass
- Professional Visa Pass (PVP)
- Visitor’s Pass/Temporary Pass
Malaysia’s visa application procedure has been simplified to encourage foreign workers, be they permanent or temporary workers, and investors to leave their home countries and come to Malaysia. With Paul Hype Page & Co. the business exploration and visa application process becomes efficient and budget-friendly. Our liaising work with the Malaysian government and the Companies Commission of Malaysia (SSM) ensures that visa application and company incorporation in Malaysia are completed quickly.
For visitors and investors exploring business opportunities in, the country offers a Visitor’s Pass (Professional), Short Term or Long Term Social Visit Passes, and the Malaysia Automated Clearance System (MACS) which allows one to enter the country. These visas also apply to those seeking employment in Malaysia. Applicants for these passes must be at least 23 years of age (if applying for or exploring the IT sector) and at least 27 years of age for all other sectors to be eligible for the work permit application.
In addition, foreigners seeking business opportunities and company incorporation in Malaysia can apply for the Malaysia My Second Home (MM2H) Program. This visa offers a multiple-entry Social Visit Pass for applicants. It has a validity of 10 years and can be renewed.
Applicants for the MM2H offer are not barred from applying due to their age. MM2H visa holders can bring their spouse, domestic partners, and children (up to the age of 21) with them to Malaysia. The business visa can further be classified in to the following types:
Labuan International Company Visa
For easy access to a two-year work permit in Malaysia, investors can apply to register a Labuan international company. By doing so, they would retain 100% of their ownership in the company with relatively low paid-up capital and no need for any trade license or registered office set-up. The period of time from the company registration to the visa endorsement on the applicant’s passport spans 60 days. Corporate tax on net profit for such companies can be as low as 3% and equates to approximately RM20,000. Depending on the nature of the business, the investor may apply for up to four positions for foreigners with the company’s work permit.
Sdn Bhd (Limited Liability) Visa
Incorporating a business as a Sdn Bhd company has its own visa privileges which fall under two broad categories:
a. Fully Owned Private Limited Company
Investors seeking to run their own business in Malaysia can incorporate a private limited company which is fully owned and controlled in Malaysia. Investors should also use professional consultancy services to learn about certain types of businesses which the Malaysian government prohibits foreigners from conducting
Such a corporation entitles the owners to a two-year Malaysian work permit. To meet the minimum paid-up capital requirement for registration (RM500,000), the Malaysian government provides a period of six to nine months for visa endorsement. This provides the business owners with adequate time to arrange the capital.
b. Joint Venture Work Permit
Under a joint venture arrangement, the investor may enter into an agreement with Malaysian companies to incorporate a partly owned enterprise in Malaysia. With a minimum capital requirement of RM350,000 and a two-year work permit, this agreement is best suited for business owners aiming to trade without the WRT license. It normally takes two to three months to process this visa. The work permit may be extended for any length of time deemed reasonable by the government.
Regional/Representative Office Visa
Business owners and employers can also opt for a two-year working visa for the foreigners they wish to employ. Foreigners under this visa category are required to sign an employment contract with a Malaysian company and their salary has to be at least RM5,000 to qualify for this visa.
The position for which the individual is hired has to be approved by the Immigration Department as well. For instance, technical- or skill-based position require applicants to hold at least a bachelor’s degree in that particular field of work if the position itself is approved by the Immigration Department. On successful evaluation of the application, the applicant and their family are granted a Malaysian work permit within one to two months.
Branch Setup Visa
For investors having their own business setup in their countries for two or more years, the Malaysian government offers an opportunity to set up a regional office or a branch in Malaysia. This branch is, however, not authorized to enter into any commercial transactions with other Malaysian companies. The incorporation of a branch allows business owners to receive a three-year work permit for themselves and their families.
For any further Malaysian visa-related information, visit our website at http://www.paulhypepage.my/
Don’t leave your Employment Pass application to chance
There is always a risk when an application does not go smoothly. In Paul Hype Page & Co, we deal with numerous Malaysia work visa applications on a daily basis and this degree of engagement provides us with deeper insights on the application process. As our liaisons work closely with the Malaysian government and the Immigration Department of Malaysia, we are in good position to discern the requirements and will ensure your visa application is completed with best chance of success and within the shortest time frame.
Call us at + (603) 2181 8105 or contact us now for a free consultation.
Categories: EP - Employment Pass in Singapore