International law firms doing business in Malaysia will be able to advise clients without having to set up an office in the country, as details emerge of new legislation set to open up the country's legal market this summer. Malaysian authorities had been expected to restrict firms from doing business in the country on a 'fly-in, fly-out' basis, preventing firms from advising clients on the ground without an office in the country. However, revised regulations, which will be debated by parliament next month, say law firms without Malaysian offices will still be able to advise clients in the country, provided their stay does not exceed 60 days per lawyer, per year.
June 27, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
International firms welcome unexpected development as Malaysia eases requirements for market entrants
International law firms doing business in Malaysia will be able to advise clients without having to set up an office in the country, as details emerge of new legislation set to open up the country’s legal market this summer.
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