Hi All.
Today ill be showing you steps on how to start your business legally in Malaysia.
Today ill be showing you steps on how to start your business legally in Malaysia.
To do business in Malaysia you must have a business licence:
So heres the first thing you got to do!
Get your business registered in SSM!
If you are just starting out; you can register enterprise first and it doesn't matter what your brand is called. You can even register as your own name but DO IT! I know that you will take a long time to do this because you know; you havent found the perfect name yet etc; so put it as your name if you need to. This is a business licence. Your brand can always be something else. Like when i first started my enterprise was some other name. But the name SoapLab was a brand that later on when became sustianable; i had changed it to LLP, and later Sdn Bhd.
If you are just starting out; you can register enterprise first and it doesn't matter what your brand is called. You can even register as your own name but DO IT! I know that you will take a long time to do this because you know; you havent found the perfect name yet etc; so put it as your name if you need to. This is a business licence. Your brand can always be something else. Like when i first started my enterprise was some other name. But the name SoapLab was a brand that later on when became sustianable; i had changed it to LLP, and later Sdn Bhd.
Ps: you can put your name example in ssm i can call it as nisha enterprise (if you don have a brand yet). After that your brand can be called as this: ABC by nisha enterprise.
Another option you can sign up for is LLP (perkongsian limited terhad) if you dont want enterprise.
You can even start a sdn bhd company (solo) according to the latest 2017 act but if you are just starting i would choose enterprise (rm30-60/yr) or LLP (RM500 lifetime) first.
You can even start a sdn bhd company (solo) according to the latest 2017 act but if you are just starting i would choose enterprise (rm30-60/yr) or LLP (RM500 lifetime) first.
Heres a comparison that compares these three entity the best. Hope it helps you :-)
credit goes to: here
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