The Government of Malaysia has announced that it will be offering E-Visas for immigrant entrepreneurs who are inclined to do business in the nation. The aspiring immigrant entrepreneurs will need an innovative business strategy and their businesses can grow considerably well. Firstly the company has to be incorporated and then few local skilled workers must be recruited.
Malaysia is a perfect place for a business to flourish. The World Bank has recognized Malaysia as one of the easiest and friendly nations to pursue business for overseas immigrant entrepreneurs.
Key points for starting a business
Company’s registration is crucial
Find feasible premises for your business
Abiding by the laws
Apply for the permit
Recently Malaysia introduced a free E-visa for Indian nationals. The e-visa will be processed within 48 working hours and the validity of the visa is for 30 days. The visa fees have been waived off as well, except for the processing charges, wherein the applicant will have to pay USD20.
Documents needed for the E-visa
Scan all the needed documents and upload them along with the application
A recent color photograph
Scan the passport page where the image is available
Confirmed booking of the return flight
The immigrant entrepreneurs have to send the documents to the Malaysian Immigration Department. The documents are verified, after which the application is approved. In the case of an interview or any other documents that are needed, the applicant will be informed through emails about the same. After 48 working hours, an e-visa will be sent which needs to be printed. The e-visa will be sent on an A4 printout format. Applicants must be attentive to read their email notifications.
As a business traveler on an E-visa, you will be limited to these activities
Attend business seminars
Audit company accounts
Authorized to visit current project sites
Factory inspections are allowed
Participate in investment opportunity surveys
Any other contract related discussions are permitted
Documents needed upon arrival in Malaysia
An A4 print out of the e-visa
Evidence of sufficient funds for your stay
Proof of accommodation
A confirmation of the return flight tickets
The Malaysian government recently has waived off visa fee for Indians, which is good news for travelers who can get the eNTRI, an e-visa for traveling. While you exit Malaysia you will be asked to present the e-visa, an exit stamp will be sealed and then you are allowed to leave the country.
If you have plans to visit Malaysia and you need help on how to go about it, contact Y-Axis the world’s trusted and best immigration and visa consultants.