What is MDEC registration?
MDEC stands for the Malaysian Digital Economy Corporation, which is a government agency that is responsible for promoting and developing the country’s digital economy. To register with MDEC, businesses must first submit an application along with supporting documentation. Once approved, companies will be required to pay a registration fee and renew annually.
How long does it take to process MDEC registration?
It depends on the specific situation and MDEC registration requirements. Usually, it will take a few weeks to several months to complete the process. If you are registering for the first time, expect to spend some time collecting the necessary documents and filling out paperwork. However, if you have all the required information and documents ready, MDEC registration can be relatively quick and easy.
What are the benefits of registering with MDEC?
MDEC’s registration allows companies to ensure that their products and services comply with Malaysian standards and regulations. Additionally, registering with MDEC gives companies access to a network of digital economy experts who can provide advice and support on various aspects of business in Malaysia.
Overall, the benefits of registering with MDEC include peace of mind knowing that your company is operating legally and gaining access to valuable resources that can help you grow your business in Malaysia.
Can a foreign employee get a visa under MDEC?
Yes, a foreign employee can obtain a visa through MDEC in Malaysia. MDEC is the Malaysian Digital Economy Corporation and is responsible for promoting and supporting the growth of the digital economy in Malaysia. They offer several programs foreign workers can take advantage of, including the eVisa program. This program allows foreign workers to come to Malaysia to work in the digital economy sector.
How to apply for a visa under MDEC?
There are a few steps you’ll need to follow in order to apply for a visa under MDEC. First, ensure that you meet the eligibility requirements – you must be employed by an eligible company and have the relevant documents from your employer. Next, gather all of the required supporting documentation – this includes things like your passport, photos, birth certificate, etc. Once you have everything in order, you can begin the application process. You can contact us to get started. Our experienced team can help guide you through the entire process and ensure that everything is done correctly.
What is the paid-up capital requirement?
Minimum paid-up-capital for a local ownership company is RM 250,000, for a joint venture with Malaysian is RM 350,000, and for a foreign ownership company is RM 500,000.