Differences between Sdn Bhd Company and Partnership / Sole-Proprietor
| Sole Proprietorship / Partnership | Sdn Bhd Company | |
| Liability |
Unlimited. Your personal wealth may be affected & exposed to risks |
Limited. Your personal wealth will be protected |
| When can start busines | 8 - 10 days |
24 hours (shelf company) 10 days (new company) |
| Start up costs | RM400+ | RM1,460 |
| Annual maintenance | RM200++ | RM2,200++ |
| Ability to obtain loan |
Not easy. Depends on owner's personal capacity & wealth |
Easier. Depends on company cash flow, strategy and business prospects |
| Tax risk exposure |
High. Due to low level of financial & compliance requirements |
Low. Better managed and regulated |
| Tax planning opportunities |
Limited. Tax on personal. |
Better tax planning as company is a separate legal entity. Tax on corporate. |
Click here for more information about sole proprietor/partnership
Click here for more details about registering a Sdn Bhd Company
Offer Price for New Company Registration
Call us : +(6) 03-7729 7018 (Ms Sharon)
+(6) 019-220 7018
Email us :
info@nbc.com.my
Address
: click here to see map to NBC office
FREE!
Try out our FREE brief name search online and do a quick check of your preferred company name(s), before making name application to SSM.
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