Digital Nomads: Very Low Tax In This Hidden Gem Of Malaysia
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- Опубликовано: 28 фев 2024
- Today's video is for you Digital Nomads who are open to moving overseas for a more tax-friendly region to run your operation (while also having an amazing lifestyle, with a reasonable cost-of-living).
There's a little part of Malaysia called Labaun, which has very favorable tax rates. In today's interview I speak to Lewis from ShareC Consulting, to discuss the specifics. Questions asked:
00:39 - Can you tell us about yourself and your company?
01:58 - How can you get a visa and bring your business here?
02:39 - What kind of businesses fit the Digital Nomad Pass?
03:14 - What is the process to get the paperwork done?
03:45 - What is the time frame to get feedback about your application?
04:00 - What are the main options you offer as a service in your company?
04:48 - How long can you live in Malaysia with the Expatriate Pass?
05:57 - What is the process to register a company in Malaysia?
08:32 - Does your service include assisting expats in getting a business license?
08:58 - How much does it cost to process a license through your company?
11:23 - What is the time frame for getting everything set up?
13:59 - What are some of the advantages of setting up in Labuan?
16:10 - What is the corporate tax rate in Labuan?
18:23 - Can you live in other parts of Malaysia with an employment pass obtained from Labuan?
18:39 - With a Labuan Employment Pass, do you have to keep all business operations within Labuan or can you operate in any part of Malaysia?
20:04 - What are some of the biggest mistakes people make when they try to do the application on their own?
22:58 - How much would it cost to get your services to process everything from setting up the business, employment pass, etc.
23:52 - Can you get multi-currency bank accounts?
24:58 - Does Malaysia tax on foreign-sourced income?
25:16 - What is the corporate tax in the rest of Malaysia?
25:35 - What other services does your company offer?
26:25 - How much would your services cost per year?
Email me at matt@internationalinsiders.com to get connected to Lewis. And, if you want to learn more about your international options for moving to, getting better tax rates, having a higher standard of living with more freedom, you should consider attending my upcoming 7-day event in June, being hosted in Costa Rica. Reach out to me for details.
I will come from Hong Kong.
Mobe will be setup in Malaysia without problem whatsoever.
Great info & interviewer asks very good questions
My stocks of China Overseas Lands and Properties Investment Ltd ownerships is relatives with Malaysia.
What is the estimated yearly cost for fullfilling the requirements of 2 staff and an office ? approximate if possible.
Hey long time no see.
Is lilian woon
I had nothings to do woth China whatsoever. Even the stocks marketplace isnt belongs to China Government at all. I did read through the documents of the China Overseas Lands and Properties Investment Ltd ownerships only mentions to Malaysia not China at all.