Establish an Amazon Store in Malaysia
Updated on Monday 22nd January 2018
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based on Amazon has grown to become the largest e-commerce company. The American corporation is one of the Fortune 500 e-commerce companies and the largest internet retailer.
Investors who wish to establish an Amazon store in Malaysia can start by incorporating a local company, as per the applicable company formation rules. These steps and the following ones for licensing and management can be covered with the help of our attorneys in Malaysia.
Investors who wish to establish an Amazon store in Malaysia can start by incorporating a local company, as per the applicable company formation rules. These steps and the following ones for licensing and management can be covered with the help of our attorneys in Malaysia.
Amazon businesses in Malaysia
As the largest e-commerce store in the world, Amazon hosts an impressive number of products. It is the preferred online shop for many Malaysians looking to find various buying choices and advantageous deals.
Investors who establish an Amazon store in Malaysia have direct access to not only the consumer market in Malaysia and surrounding Asian markets but also to worldwide customers. Moreover, Malaysian entrepreneurs can become registered sellers on Amazon, meaning that a local store can start selling products for international clients. This can be a particularly lucrative business option for those who want to open an online store and can benefit from being affiliated with the e-commerce giant that is Amazon.
Amazon sellers are required to provide taxpayer information and to be able to issue invoices to their clients. These taxation matters can be discussed in detail with one of our lawyers in Malaysia.
The first step when opening an Amazon store in Malaysia is incorporating a company. The private limited liability company is a preferred business form for entrepreneurs and needs to be registered with the Companies Commission.
How to open a store in Malaysia
Amazon values client feedback, this is why the shopping experience is an important one and Amazon sellers in Malaysia need to provide convenient payment options. These include payment via PayPal and credit or debit card. For payments via credit/debit cards, entrepreneurs need to set up a merchant account. This is usually done with the same bank with which the company has its corporate bank account.
One of our lawyers in Malaysia can give you additional details on how to handle the payment and tax issues related to owning and running an online shop.
You can contact the experts at our law firm in Malaysia for more information about doing business in the country.