Foreigner Cannot Apply Business Visa Under New Company

All new company will be registered with maximum paid-up capital of RM2,500, if you opt to use NBC services.

This has, however, not fulfilled the requirements set by the Immigration Department of Malaysia where a company that wants to apply working permit/business visa for its workers/professional staff must have paid-up capital of RM500,000 above.

Authorised capital is not “real” capital  of the company and do not make the company qualified for the application of working permit/visa.

As such, foreigners will be disappointed to find out that they are unable to apply any working permit/business visa/professional visa under their new company with paid-up capital of merely RM2,500 or less.

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