Are you starting a new business?
Ever wonder whether you should start by registering a business enterprise or incorporating a new company? Or you can simply carry out the business in your personal capacity?
Be mindful that one must have a business entity to carry out business in Malaysia.
Common type of business entities for new business include a business enterprise (i.e. sole proprietorship or partnership), a private company limited by shares (Sdn Bhd) and a limited liability partnership (LLP).
Each type of business entity offers unique features. Table below sets out salient features of the common business entities:
Business Entity Salient Features
Do asses your needs vis-à-vis each business entity features and choose the one that best suits your business.
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