Risks of Limited Liability Partnerships You Should Know About Apart from the plethora of advantages, the Limited Liability Partnership (LLP) has its own downsides. As a businessperson, this is something that you must be aware of so you can do something to lessen or minimize its effect. In this article, we talk about the risks…
Advantages of LLP in Malaysia: Why You Should Open an LLP? Before talking about the advantages of LLP, we introduce the types of business vehicles in Malaysia. There are 6 kinds of businesses in Malaysia to choose from. These are Sole Proprietorship, Partnership, Limited Liability Partnership (LLP), Private Limited Company, Labuan International Company, and Representative.…
Raising the Capital You Need for Your Business by Issuing Ordinary Shares Issuing ordinary shares is another way of obtaining the funding needed to start a business. In Malaysia, there are a few ordinary share options to consider. What It Takes to Run a Successful Business Successful businesses have a few fundamental necessities that…
Should You Hire a Corporate Service Provider or DIY in Malaysia? From the moment you spark the idea to begin an enterprise, it is reasonable to feel overwhelmed with fear of so many things going at any one time. For those on a shoestring budget, some take it on as a challenge. But, save yourself…
Conducting an Extraordinary General Meeting in Malaysia Imagine holding a general meeting during COVID-19. For one, this pandemic devastated the country and affected its economy. The sales have been dropping fast and the management has to cope up with it immediately. But then, the Company’s Annual General Meeting is still 3 months later. The majority…
Understanding the Incorporation Timetable in Malaysia Do you want to start your own business in Malaysia but you just don’t know how? Do you have some questions like what are the things that you need in order to have a business name and a legal identity? Maybe you want to know if you can have…
What to Know About Re-domiciliation in Malaysia There are several criteria in selecting a location for your business. These include the cost of operation, availability of raw materials, the salary of employees, the business environment and technology, the government policies, telecommunications, taxes, good roads and transportation, etc. If you are a businessman wanting to establish…
Pros and Cons in Changing a Small Business to Bhd Sdn When you are a businessman, you want the best option for your company. In fact, the first decision that you need to make is the scale size of your business. If you have a large capital, you can opt for a large scale company.…