Business Set Up FAQ
All companies operating in Malaysia will need to register their business with the Companies Commission of Malaysia (CCM), also known as the Suruhanjaya Syarikat Malaysia (SSM).
The purpose of SSM is to serve as an agency to incorporate companies and register businesses as well as to provide company and business information to the public.
There are 4 different types - Sole proprietor, Partnership, Limited Liability Partnership (LLP), Private Limited (Sdn. Bhd.). Here is a quick summary of how they differ but please note that this is only general advice and you should always speak to a professional business advisor like TJW before setting up your business.
There are many factors that decide which platform you should use to set up a business in Malaysia. Factors include whether you are a Malaysian or Foreigner, whether you are setting up the business as one person or with multiple people, costs, convenience and so on.
For example, there are differences between Malaysians and Foreigners who want to set up a business.
- Sole Proprietor
- Sdn. Bhd.
- Sdn. Bhd.
As your individual situation and business plan is unique and will be different from other people, it is best to speak to a professional business advisor like TJW to advise you on what business platform suits you best. TJW has more than 45 years of experience in helping and supporting entrepreneurs and business owners.
If you are not able to personally visit our office to seek advice, you may call, email, whatsapp or even make an appointment for a conference meeting with us. Please choose the method that best suits you and we’ll respond to you as soon as we can.