Can two foreigners open a Sdn Bhd together?
Yes on ownership — foreigners can hold 100% of a Sdn Bhd's shares in most sectors. The constraint is directorship: at least one director must ordinarily reside in Malaysia (s.196, Companies Act 2016). If neither founder lives here, a professional nominee director satisfies the requirement with no involvement in business decisions.
Sources: Companies Act 2016 s.196KPDN WRT guidelines
Also asked as: two foreign shareholders malaysia; all foreign directors; 100% foreign owned sdn bhd possible; foreigners only company malaysia.
Sector exceptions apply — distributive trade (retail/wholesale/F&B) generally requires WRT approval with higher capital for majority-foreign companies. We flag whether your activity is affected before you file.
Key facts
- 100% foreign equity allowed in most sectors
- s.196: ≥1 ordinarily-resident director
- WRT approval for foreign distributive trade
Call +60 10-383 5988 (a licensed secretary replies within one working hour (Mon–Fri 8:30am–5:30pm MYT; outside hours, first thing next working day)) or walk in at J-3A-15, Solaris Mont Kiara.