Blockchain & Digital Asset Business Setup in Malaysia

Your Gateway to Crypto, Mining, and Digital Finance Compliance

Why Malaysia?

Malaysia is fast becoming a hub for blockchain innovation, digital asset management, cryptocurrency trading, and mining operations. With supportive government policies, a growing fintech ecosystem, and strategic location in Asia, it’s an ideal jurisdiction for global investors to expand their blockchain and digital currency ventures.

But success in this industry requires more than just vision—it requires strong compliance, accurate reporting, and trusted advisory support.

Our Role

Blockchain Specialist Accountants

We are one of the few accounting firms in Malaysia with expertise in digital assets and blockchain businesses. As licensed professionals in audit, tax, and advisory, we provide end-to-end solutions for investors entering the blockchain space.

Our expertise bridges the gap between traditional financial compliance and the fast-moving world of crypto.

Our Services

01.

Company Formation & Structuring

Incorporation of Sdn Bhd entities for blockchain ventures
Structuring for crypto exchanges, digital wallets, and mining operations
Advice on foreign ownership rules and joint ventures

02.

Accounting for Digital Assets

Digital asset bookkeeping in line with IFRS & MFRS
Valuation and recognition of cryptocurrencies
Specialized reporting for token issuance, staking, and DeFi income

03.

Audit & Assurance

Statutory audits for blockchain and crypto-related companies
Verification of digital asset holdings
Compliance with Securities Commission Malaysia (SC) requirements

04.

Taxation & Advisory

Tax planning for crypto gains, mining income, and token issuance
Structuring cross-border transactions for digital assets
Transfer pricing advisory for blockchain businesses
Representation in tax audits and investigations

05.

Compliance & Risk Management

AML/CFT advisory for crypto-related businesses
Guidance on compliance with SC and BNM requirements
Risk frameworks for token offerings and digital asset custody

Malaysia’s Regulatory Landscape for Crypto & Digital Assets

Malaysia regulates the blockchain and digital asset sector through three key authorities:

Securities Commission Malaysia (SC)

Regulates Digital Asset Exchanges (DAX) and Initial Exchange Offerings (IEOs).
Licensing required under the Capital Markets and Services Act (CMSA).
Only SC-approved exchanges can operate legally in Malaysia.

Bank Negara Malaysia (BNM)

Oversees Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) compliance for digital currencies.
Requires reporting obligations for businesses handling crypto transactions.
Clarifies that crypto is not legal tender in Malaysia.

Inland Revenue Board of Malaysia (LHDN)

Applies tax rules on crypto gains, mining income, and trading activities.
Businesses must maintain proper accounting records for digital assets.

With evolving regulations, staying compliant is critical. Our firm ensures that your business model is structured to meet Malaysian laws and global best practices.

Why Choose Us?

Blockchain Focused

Not just accountants, but digital asset specialists

End-to-End Support

From company setup to ongoing compliance

Award-Winning Firm

Recognized for innovation in accounting & advisory

Global Reach

Supporting clients from Asia, Europe, and beyond

Who We Help

Crypto Mining Operators
setting up in Malaysia

Digital Asset Funds & Managers
seeking compliance

Exchanges & Wallet Providers
requiring regulatory support

Investors & Startups
exploring tokenization or blockchain ventures

Frequently asked questions

Is cryptocurrency legal in Malaysia?

Yes, but it is not recognized as legal tender. Cryptocurrencies are regulated under the Securities Commission (SC) and Bank Negara Malaysia (BNM) mainly for exchange licensing, AML/CFT, and compliance.

Do I need a license to start a crypto exchange in Malaysia?

Yes. Digital Asset Exchanges (DAX) must be registered and approved by the SC before they can operate legally.

Is crypto mining allowed in Malaysia?

Yes, but it must comply with energy usage regulations, local business laws, and tax reporting requirements.

How are crypto profits taxed in Malaysia?

Gains from trading, mining, or investing in digital assets may be treated as business income and subject to corporate or personal tax. Proper accounting and record-keeping are required.

Can foreigners set up a blockchain business in Malaysia?

Yes. Foreign investors can incorporate Sdn Bhd companies and participate in blockchain, mining, and digital asset ventures with the right structure and approvals.

Why do I need a specialist blockchain accountant?

Because crypto is complex and highly regulated. A specialist accountant ensures that your company setup, accounting, audit, and tax planning are fully compliant with Malaysian law while maximizing your returns.

Take the First Step

Whether you’re looking to establish a crypto mining farm, a blockchain startup, or a digital asset investment company in Malaysia, we are your trusted partner to navigate compliance, accounting, and taxation with confidence.