Why Set up a Food Manufacturing Company in Malaysia
There are many reasons why you might want to set up a food manufacturing company in Malaysia. Here are some of the most important ones:
Large and growing market. The Malaysian food manufacturing industry is large and growing. In 2021, the industry was worth RM170 billion (USD40 billion) and is expected to grow at a compound annual growth rate (CAGR) of 5.5% from 2022 to 2027.
Strategic location. Malaysia is located in a strategic location in Southeast Asia, with easy access to major markets in the region and beyond. This makes it a good place to export your products.
Favorable business environment. Malaysia has a favorable business environment for food manufacturing companies. The government offers a number of incentives to attract foreign investment in the food industry, including tax breaks and grants.
Competitive labor costs. Labor costs in Malaysia are relatively low compared to other countries in the region. This makes it a good place to manufacture food products at a competitive cost.
High quality of food production. The Malaysian food manufacturing industry is known for its high quality standards. This is due to the strict regulations that are in place, as well as the high level of training that food manufacturing workers receive.
If you are considering setting up a food manufacturing company, Malaysia is a good place to start your research. The country has a number of advantages that make it a good place to do business in the food industry.
Here are some additional reasons why you might want to set up a food manufacturing company in Malaysia:
Diverse population. Malaysia has a diverse population, which means that there is a large and growing demand for a variety of food products.
Strong government support. The Malaysian government is committed to supporting the food manufacturing industry. This includes providing financial assistance, training programs, and other resources.
Positive trade outlook. Malaysia has a positive trade outlook, with exports of food products growing steadily in recent years.
If you are considering setting up a food manufacturing company in Malaysia, do your research and explore the many opportunities that the country has to offer.
Setting up a Food Manufacturing Company
Here are the steps on how to set up a food manufacturing company in Malaysia:
Choose a business entity. The most common type of business entity for food manufacturing companies in Malaysia is a private limited company (Sdn Bhd). This type of company offers a number of benefits, including limited liability for shareholders, ease of fundraising, and a separate legal identity.
Obtain the necessary licenses and permits. There are a number of licenses and permits that are required to operate a food manufacturing company in Malaysia. These include a food manufacturing license, a food premises license, and a halal certification.
Find a suitable location. The location of your food manufacturing company is important for a number of reasons, including access to raw materials, labor, and distribution channels. You will also need to ensure that the location meets the requirements of the relevant licenses and permits.
Acquire the necessary equipment. The type of equipment you will need will depend on the products you plan to manufacture. However, some basic equipment that you will likely need includes food processing equipment, packaging equipment, and storage equipment.
Hire employees. You will need to hire a team of employees to operate your food manufacturing company. The size of your team will depend on the scale of your operation.
Develop a marketing plan. You will need to develop a marketing plan to reach your target market and sell your products. Your marketing plan should include a clear understanding of your target market, your product positioning, and your marketing strategies.
Obtain financing. You may need to obtain financing to start your food manufacturing company. There are a number of government and private sector financing options available.
Here are some additional tips for setting up a food manufacturing company in Malaysia:
Do your research. Before you start your business, it is important to do your research and understand the food manufacturing industry in Malaysia. This includes understanding the regulations, the market, and the competition.
Get professional advice. It is important to get professional advice from lawyers, accountants, and other experts when setting up your business. This will help you to ensure that you are compliant with the law and that you are making sound business decisions.
Start small. It is often a good idea to start small when you are first starting out. This will allow you to test the market and to learn from your mistakes. As your business grows, you can then scale up your operations.
Application for Food Manufacturing Licence
here are the steps on how to apply for a food manufacturing licence in Malaysia:
Check the requirements. The first step is to check the requirements for a food manufacturing licence in Malaysia. These requirements can vary depending on the type of food you are manufacturing. You can find the requirements on the website of the Ministry of Health Malaysia (MOH).
Complete the application form. Once you have checked the requirements, you can complete the application form for a food manufacturing licence. The application form can be found on the MOH website.
Submit the application form. The application form can be submitted to the MOH in person or by mail.
Pay the application fee. There is an application fee for a food manufacturing licence in Malaysia. The application fee can be paid in cash or by credit card.
Await the approval of your application. The MOH will review your application and will notify you of the approval or rejection of your application.
Here are the documents you need to submit with your application for a food manufacturing licence in Malaysia:
Completed application form.
Copy of your business registration certificate.
Copy of your business premises licence.
Copy of your halal certification (if applicable).
Technical report on your food manufacturing facility.
Sanitation plan for your food manufacturing facility.
Food safety management system (FSMS) documentation (if applicable).
The processing time for a food manufacturing licence in Malaysia can vary depending on the workload of the MOH. However, it usually takes around 3 months to process an application.
If your application is approved, you will be issued a food manufacturing licence. The licence will be valid for a period of 5 years. You will need to renew your licence every 5 years.
Here are some of the things to keep in mind when applying for a food manufacturing licence in Malaysia:
Make sure that your food manufacturing facility meets the requirements of the MOH.
Provide all of the required documentation with your application.
Pay the application fee.
Await the approval of your application.
Renew your licence every 5 years.
How Bestar can Help
Bestar is a leading provider of food manufacturing solutions in Malaysia. They offer a wide range of services, including:
Business registration and licensing. Bestar can help you register your business and obtain the necessary licenses and permits.
Site selection and development. Bestar can help you find a suitable location for your food manufacturing company and develop the site to meet your needs.
If you are considering setting up a food manufacturing company in Malaysia, Bestar can help you every step of the way. They have a team of experienced professionals who can provide you with the support you need to succeed.
Here are some of the specific ways that Bestar can help you set up a food manufacturing company in Malaysia:
Provide guidance on the regulatory requirements. Bestar is familiar with the food manufacturing regulations in Malaysia and can help you ensure that your company complies with all applicable laws and regulations.
Assist with the registration process. Bestar can help you register your company with the relevant government agencies and obtain the necessary licenses and permits.
Find a suitable location for your factory. Bestar has a network of contacts in the real estate industry and can help you find a suitable location for your factory that meets your needs and budget.
If you are considering setting up a food manufacturing company in Malaysia, contact Bestar. They can help you every step of the way to ensure that your company is successful.