Expand your business into new markets with the leading Malaysia EOR
At Leap29, our custom Malaysia EOR services manage the employment of your international hires to facilitate your company's global expansion.
- Overcome foreign employment laws and potential risk of non-compliance.
- Manage international hires, including taxes, benefits, insurance, visa applications and payroll.
- The best value employer of record with no hidden fees.
- Bespoke employee management platform included.
Through acting as your Employer of Record in Malaysia, Leap29 help to alleviate you of these responsibilities, meaning you have more time to expand your business in other areas, and focus on landing the top talent and top clients. Fill out the form here for a free quote!
HR SOFTWARE
Bespoke employee management software included in our EOR service.
GLOBAL COMPLIANCE
We have expert teams across the world to ensure global compliance.
TRANSPARENT PRICING
Avoid hidden costs and account for our fee with our transparent pricing.
Peter Yerardi, data.ai
Our employer of record (EOR) services supports your expansion into one of the most competitive markets in Asia
With a culture based on successful service industries, a multi-national make up and cutting-edge technology it is perhaps no wonder that Malaysia has become one of Asia's fastest developing countries. This, combined with its status as a leading exporter of gas, electronics, automotive parts and a global player in technology, financial sectors and SAAs, are what have made Malaysia a key location for expanding businesses.
While Malaysia's diverse business landscape may be attractive for growing businesses, the 1955 Malaysian Employment Act contains numerous regulations that international businesses must comply with, including:
- Employees must not work over 48 hours a week.
- Any overtime must be paid at 1.5 times the base salary
- Employment contracts must include a job description, compensation details, termination requirements and severance pay. An employment contract must also be written in both English and Malay.
- Employees should receive 13th-month pay and discretionary bonuses
- Employers cannot restrict an employee's right to join unions
- Both employees and employers must contribute to the Social Security Organization and the Employees Provident Fund. This provides disability, retirement, medical payments, and survivors’ benefits. Contributions vary depending on employee age.
- Annual leave, sick leave and maternity leave can vary depending on the length of employment.
As well as the above employment regulations, all foreign employees must obtain a valid work visa or pass before they begin work in Malaysia, a process made all the more complex due to different visas being issued for different skills and job types.
Meanwhile, businesses must establish a subsidiary in order to conduct business in Malaysia, a process that is complex and costly as well as extending your time to market. As your employer of record, we navigate Malaysian employment laws and visa requirements on your behalf. Therefore, you can focus on reaping the benefits of Malaysia's growing business markets without the complexities of a legal entity.
What is an Employer of Record?
Sometimes known as a PEO, an employer of record manages the employment of your international hires taking the legal responsibility of employee management and HR from your shoulders when you are hiring in Malaysia. While you are responsible for the day-to-day management of your employee, an EOR will:
- Facilitate employment contracts
- Comply with Malaysian employment laws
- Pay taxes
- Run payroll
- Organise employee benefits
In addition to the above, an employer of record ensures that you can expand into Malaysia without a legal entity and with the knowledge that you comply with the Malaysian Employment Act.
Why do I need an Employer of Record in Malaysia?
Expanding internationally brings new labour laws that are individual to that country, in this case Malaysia. Navigating such legislation on top of growing your business can take up ample resources, budget and staff. In addition, acquiring a legal entity can be a lengthy, complex route that significantly extends your time to market. Applying for a legal entity and getting to grips with employment laws can also cause non-compliance. This is where our Employer of Record services come in.
With extensive experience and knowledge on Malaysian employment laws, an EOR can save you time, money and resources when it comes to expanding your business. Therefore, you can reap the benefits of one of Asia's fastest growing markets without the stress and liability of employment laws.
Why Choose Leap29 as your Employer of Record in Malaysia?
At Leap29, we have over 20 years of experience providing recruitment and employment management services to businesses across the world. Therefore, we are well equipped to be the Malaysian employer of record to support your business through its global expansion.
With a team and office located in Malaysia, you can be assured that our Malaysian EOR team are well versed on the latest visa requirements, Employment Act and business best practices. Meanwhile, having provided recruitment services to businesses across multiple sectors, including Engineering and Construction, Oil & Gas, Pharmaceuticals, Renewable Energy and Technology, we can be the employer of record of choice for any type or size of business expanding into Malaysia.
Whether you are looking to employ one person or a whole workforce, we can offer employer of record services to meet your individual requirements. If you want to find out more about how our Malaysian EOR services can support your expansion, call our experts today on +44 (0) 1625 537 555 or email [email protected].
EOR Services by Location
Wherever you are based, and wherever you are looking to expand, Leap29 have EOR experts waiting to support you. Our teams are 100% compliant with relevant licenses for all countries, giving you full peace of mind that your company's expansion is in safe and specialist hands.
