Best answer: How can I open a clinic in Malaysia?

How can I open a private clinic in Malaysia?

Steps to set up a Clinic in Malaysia

  1. Location. Make sure to have proper research on the location of your new clinic. …
  2. Obtain the Premises. If you have your own building then it’s hunky dory. …
  3. Registration Process. …
  4. Proper Floor Plan Layout. …
  5. Annual Practicing Certificate. …
  6. License for Advertisement. …
  7. Procurement of Drugs. …
  8. Staff.

How much does it cost to open a clinic in Malaysia?

He said, in the past, the overhead cost to set up a clinic was between RM20,000 and RM30,000, but it has now shot up to between RM100,000 and RM200,000, taking into account also the cost of purchasing equipment and supplies.

Can I open a clinic without being a doctor in Malaysia?

All clinics would need to be registered with the Companies Commission of Malaysia under the Registration of Business Act 1956. Foreign companies would need to incorporate their company under the Companies Act 2016 if they intend to set up a private practice here in Malaysia.

How much does it cost to open a clinic?

Consultants estimate that the cost to launch a small primary care practice ranges from $70,000 to more than $100,000 – an estimation that includes the money needed for rent, insurance, payroll, and living expenses for the first few months [1].

IT\'S FUNNING:  Quick Answer: When was the New Economic Policy introduced in Malaysia?

How do I start a clinic business?

Start a walk-in clinic by following these 10 steps:

  1. STEP 1: Plan your business. …
  2. STEP 2: Form a legal entity. …
  3. STEP 3: Register for taxes. …
  4. STEP 4: Open a business bank account & credit card. …
  5. STEP 5: Set up business accounting. …
  6. STEP 6: Obtain necessary permits and licenses. …
  7. STEP 7: Get business insurance.

Can you own a hospital without being a doctor?

The “corporate practice of medicine” doctrine restricts the types of healthcare businesses non-physicians can own, but with MSO agreements and appropriate legal guidance, entrepreneurs have an opportunity to earn healthcare dollars without fines or possible jail time.

How do you get a clinic panel?

How to register as a Panel Clinic for Insured Person?

  1. Letter of application together with a proposal clinic and clinic profile.
  2. Copy of Identity card of every doctor.
  3. Copies of recognized training occupational health certificates.
  4. Copy of Form (Latest Annual Practising Certificate (APC) for every doctor)

Is owning a clinic profitable?

Net Income:

Total yearly gross salary for this primary care doctor who owns their own clinic is $321,552 per year. Total overhead excluding the doctors salary: 36% in this example. For those of you who do not think this is possible, my clinic continues to hover around 30% for my overhead (excluding physicians salary).

How much do clinic owners make?

If you become clinic owners you’re likely to double or triple your annual salary; many clinic owners make well over $100,000 annually. Plus it gives you the freedom to run a business and deliver healthcare the way you want.

IT\'S FUNNING:  What should I do after minor car accident Philippines?