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Can successful applicant allowed to do business in Malaysia?

April 26, 2017allowed applicant Business Malaysia successful

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Can successful applicant allowed to do business in Malaysia?

1 Answer

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Participants under this Programme are NOT allowed to have their own businesses. However, they are allowed to invest in local companies as an inactive partner. They are allowed to attend Company’s Board Meetings as one of the company directors but they are not allowed to have an office in the company. Participants can participate in the local share market. For more information on investing in Malaysia, you may contact: Malaysian Industrial Development Authority (MIDA) Tel: 603 – 2267 3633 Website: www.mida.gov.