Malaysia
UTC +8
Malaysia
The heart of Asia Pacific
Overview
Lying north of the Equator, South China Sea divides Malaysia into two regions. Borders with Singapore, Western Malaysia hosts many multinational companies across industries. It is the primary hub of trade, commerce and manufacturing. East Malaysia, bordering with Indonesia, is plentiful with natural resources like oil palms, oil and gas. By being next to Malacca Strait, one of the busiest shipping lane in the world. Malaysia's robust manufacturing base has easy access to the global supply chain. Its domestic market benefited from high levels of income, an expanding urban population and 0% GST. Malaysia is a lucrative market connecting north and south pacific.
FX control
None
Language
Malay, English
Population
32 Million
Success Rate
Hight
Incorporate time
7 Days
Capital Requirement
10000 USD
Tax & Finance
GDP (USD)
358.6 bil
Currency
RM (MYR)
Corporate Tax
20%
Income Tax
20%
Mandatory Leaves
Maternity leaves
5
Days
Statutory holidays
12
Days
Annual leaves
7
Days
Sick leaves
7
Days
Total: 31 Days
Labour Condition
Maximum Working Hours
None
Minimum Wage
70/Hr
Thailand
UTC +0
Thailand
The Gateway to Asia
Overview
With direct access to the Indian and Pacific Ocean, Thailand is a unique link between India and China. Thailand is the 2nd largest economy in Southeast Asia. Consistent growth, strong exports and a vibrant domestic market characterised the country. It has a skilled and cost-competitive workforce. Combined with a manufacturing sector capable of producing a diverse range of products. Almost all major manufacturing giants maintain a base in Thailand. It is also worth noting Thailand's healthcare services boast an excellent global reputation. Internationally recognised doctors and nurses, modern facilities and equipment, it can provide health securities comparable to UK, US and Australia.
FX control
None
Language
English
Population
67 Million
Success Rate
Hight
Incorporate time
1 day
Capital Requirement
£12 - 100
Tax & Finance
GDP (USD)
2.9 trillion
Currency
Pound Sterling (GBP)
Corporate Tax
25%
Income Tax
20%
Mandatory Leaves
Maternity leaves
52
Days
Statutory holidays
7
Days
Annual leaves
28
Days
Sick leaves
87
Days
Total: 174 Days
Labour Condition
Maximum Working Hours
48 hours per weeks
Minimum Wage
4.15/Hr