Hong Kong’s existing legislation for limited partnerships, the Limited Partnership Ordinance (“LPO”), has not been materially updated since its inception in 1912. It comes as no surprise that industry participants often regard the existing regime as outdated and insufficient to accommodate the operational needs of modern asset managers.
The global manufacturing industry has been developing rapidly in recent years, entering an era of “Industry 4.0” where digital transformation dominates production lines. Malaysia, ranking 17th in the Global Manufacturing Competitiveness Index 2016, is surely a significant player in the game.
Malaysia, as one of the most open economies in the world, emerges to be an ideal location for setting up a business. Strategically located in Asia, Malaysia has lower start-up costs compared to other Asia-Pacific countries, thus attracting increasingly more entrepreneurs to form their companies there. This article will outline some procedures for setting up a company in Malaysia and a few points to note for good corporate governance.
In light of the rising economic openness of Malaysia, JC Legal joined hands with their associate partner firm in Malaysia to stage a fireside chat on the basics to establish and grow business presence in Southeast Asia. The seminar featured Malaysian lawyers Chai Chuan Long, Partner of real estate practice, Lew Choon Meng and Ong Yee Chee, Partners of corporate and commercial practice, who shared the economic incentives and practical tips for doing business in Malaysia.