Aug 14, 2020
Do you know that Sdn. Bhd. (Private Limited) can be a better option than Sole Proprietorship?
While Sole Proprietorship in Malaysia requires the owner to be a Malaysian or permanent resident (PR), the owner of Sdn. Bhd. does not necessarily have to be a Malaysian or PR. It opens opportunity for foreigners to set up a business here.
Sole Proprietor is not treated as a separate legal entity to the business. When he/she is deceased, the business will get dissolved as well.
Sdn. Bhd. is a separate legal entity to the owners. This means the company will continue to exist even if the owner leaves and most importantly, all liabilities will not be borne by the owner.
If you need assistance to set up a Sdn. Bhd., contact us today.
#contactus #eurogain #eurogainsecta #eurogainsectasdnbhd #secretary #secretarycompany #comsec #finance #admin #companysecretary