Before Starting Your Business
Benefits of Registering Your Business.
What are the differences between entities available?
- Secures and protects your reputation as a legitimate business when dealing with suppliers and customers;
- Builds trust and loyalty among suppliers, customers and employees;
- Allows you to fully market your brand and business everywhere without fear of competitors' unfair practices;
- Opens opportunities to do business transactions with large companies, both locally and overseas; and
- Helps you avoid legal problems with the government and tax authorities.
There are 3 main types of business entities :
- Sole proprietorship or Partnership;
- Company; and
- Limited Liability Partnership (LLP).
Kindly refer to
Comparison Of Business Entities in Malaysia table for more details for each type of entity.