Luther in Asia 58 MEMBER NEWS SPECIAL solutions meeting their needs The Malaysian German Chamber of Commerce has been an important partner for and to us in representing the needs of German businesses in general and that of our clients in particular Despite rather negative forecasts for 2016 we do not see a slowdown of foreign investment in Malaysia On the contrary we have set up more companies and taken up the administration of more existing ones during this year than during any of the previous two years Taking a closer look at the projects of our clients we observe that investments have become more mature than in the beginning stages We were mainly tasked with the relocation of production sites to Malaysia and the setting up of sales and services offices in the years following 2009 and continue to service this important stream of FDI Nowadays more and more clients discover the region as the next market and use Malaysia as their hub for investments in the region by either extending their existing setup or by starting out with this goal in mind Besides numerous tax incentives Malaysia offers a stable government and legal system a qualified workforce and other than many other South East Asian countries an English speaking population The number of requests and projects we have received in the area of mergers and acquisitions has risen remarkably which is a strong indicator that investors trust the environment not only to remain stable but also lucrative We are more than happy to assist you with your ventures in South East Asia We would also like to use this opportunity to thank the Malaysian German Chamber of Commerce for representing the needs of German businesses in Malaysia for more than 25 years and for the good cooperation over the past 7 years We are looking forward to many more years to come and wish the Malaysian German Chamber of Commerce all the best for the future Corporate Services and Legal Advice especially in Asia is more than explaining the system to you We are here to do more We make a true effort to understand your business We devise and help you to implement legal and tax structures that work and let you focus on being successful in the world s most dynamic region In differing constellations depending on the regulatory environment in the respective country we provide the complete range of legal advice corporate accounting and tax services to clients doing business in and from Asia To offer a seamless service we have teams in Germany as well as in Asia led by partners with many years of experience on both continents From our two principal offices located in Singapore and Shanghai and our other Asian offices in Kuala Lumpur Yangon Delhi Gurgaon and our Indonesia team we regularly act for and provide cost effective practical advice for a multitude of diverse business entities who require sound legal guidance and professional support This support is further strengthened by the long term business relationships we have successfully developed over the years both locally and with our regional partners throughout Asia In Malaysia our Corporate Services Team consists of three German and two French lawyers supported by around 20 excellent staff with extensive experience in corporate matters and administration Our accounting team consists of more than 20 accountants led by a management team with decades of experience in business process outsourcing and shared services Combined with the resources of a Malaysian law firm that works almost purely on our clients matters and in close proximity to our offices we provide comprehensive solutions for our clients activities in all areas throughout Malaysia Since the establishment of Luther Corporate Services Sdn Bhd in 2009 we have helped more than 140 SMEs and MNCs to set up their business in Malaysia and assisted many more to find tailor made

Vorschau MGCC Perspectives November/December 2016 Seite 60
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