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Essential Requirements for Business Visa in Malaysia
Under the category of Malaysia business visa, an individual interested in investing in the country can visit anytime Malaysia either for short period to take part in trade conferences and strike business deals. Apparently, Malaysia is mentioned among the best of places to invest with major business opportunities hence an ideal destination for all interested in business. Citizens from India can apply for that visa through 3 different paths which are: eVisa, eNTRI and by submission of all documents at your Embassy for the stamping visa on passport.
For persons who have business establishments and income sources out of Malaysia, those individuals can travel eligibly to the country under the category of business visa so as to engage with clients and stake holders. The agendas pertaining business which can bring the visitors into the country range all the way from achieving a goal already predefined so as to grow a given project to benefit the vendor and client or even attending conferences which are hosted and organized by Malaysian reputed companies. Anyone interested in either investing in Malaysia or attending business conferences is eligible for application if only they meet the requirements mentioned below.
Requirements for a Malaysia Business Visa
For you to qualify for a business visa in Malaysia there are certain things you need to possess. Such general requirements and conditions include:
• Valid passport that has not less than six months before expiring
• A completed visa application form which is signed
• Colored passport with the front part of the passport on white background
• Flight itinerary or flight ticket copy from the travel agency concerning the trip you are making to Malaysia as well as the hotel reservation copy where you are to stay
• Current passport copy showing details of the passport
• Resident Alien Card copy or USA visa status
• Invitation letter from the Malaysian company hosting you
Apart from the general requirements, each party involved in the business investment has certain requirements to meet. Such include:
Applicant Checklist
• Original passport both previous and current passports if available
• 3 copies of recent colored photographs which are appearing not in any other visa and all should be on a white background
• Bank statements from the local bank for the last six months all with signature and stamp for every applicant that has Hyderabad’s address, INR minimum
• The hotel booking and flight tickets
Sponsor checklist
• Cover letter of the business to employee form the employer
• Training or conference letter sent from Malaysia organization or association if it is not a counterpart from the country inviting you.
The inviter is also required to submit an inviter letter. If meeting all the above mentioned requirements, the individual then fills an application from and pays the fee for Business Visa in Malaysia. The charges posed are:
Stamping Visa charges: INR 7800 valid for a period between 3 months and 12 months
ENTRI Visa : INR 2800 valid for a period of 30 days
E-Visa : INR 4500 valid for 15 days
The charges mentioned above include: Courier fee, facilitation feee, service charges, Visa charges and any other incurred handling fees.
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Latest Forum Posts
Re: Question: Transparency of Activity(ies) on Appointment of Local (Nominee) Director
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Hello All,
My first post here so pardon for any discrepancy/breach/err regarding my query.
Context
I used to run a pte ltd business (back in 2017) which has been strucked off. My ex-partner from previous digital marketing venture, whom is a foreigner facing limited cashflow, requested me to act as a local (nominee) director for a new incorporation doing grocery/minimart provision by FY 2024. And, I'm about to incorporate my own company doing currency futures.
Question
When I humbly requested for transparency on company's activity, inline with Company Act, she's unwilling to reveal the complete modus operandi - citing her shareholder(s) might not approve due to trademark/trade-secret infringement especially on product line and manufacturing concern.
Her sincerity to establish an incorporation with a business plan (including hiring locals with the potential to expand into a chain) is appealing. So, my .....
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There is a difference in the type of jobs available (and the depth of the labour markets). In the semi-mature corporate world, I would say what you are looking at matters. However, Silcon Valley (Wall Street as well) is quite different from that. If I worked at Google for one to two decades starting the early-2000s, do I care what the fresh out of college salary to cost of living looks like (or even what the statistic looks like for a mid-career person)?
You can also look at how regions have grown GDP. Is it by population growth with flat/lower growth in GDP per capital or via productivity.
Not saying one is better than the other (decades later, many in the low(er) cost regions will be better off financially), as it depends on what one wants to do, but they are very different. One also needs to watch how places evolve (continued corporate re-locations, etc); the traditional hubs aren't immune from bad policies. Nevertheless, as of now they still have many advantages (as it .....
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Posted in General Discussions
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This makes me wonder, where is the best place for my kids to earn good money without high tax or high cost of living… especially when they are first starting out? Taxes are usually not as big of a factor for fresh grads earning starting salaries.
A fresh grad in the U.S. at my employer is getting around $70k right now, and depending on contributions to tax advantaged accounts, taxes can be quite reasonable, even in a high tax state.
A fresh grad in Singapore at my employer is getting around S$5k right now, which is >30% less than their U.S. counterparts at the moment. Tax savings isn’t going to help, and cost of living is only manageable if you tick the right boxes and accept a modest lifestyle.
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I look at it differently vs. what you describe in the first paragraph. While starting salary (vs costs) is not irrelevant, I care more about the opportunity set and what things could look like 5-10 years .....
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It is sad to hear the incident, can imagine the nightmare the mall shoppers are going through. My prayers go to the innocent victims 🙏
There are many unsound minds roaming the streets all over the world even in a safe country. Life is just too stressful.
Posted in Latest News & Current Affairs
