Choosing the right form of business entity can be decisive to the success and life of your business. You can consider various options according to the types & scale of business.
Sole-Proprietor: this is the most traditional form of business. It offers nearly NO protection to the owner of the business but is the easiest & cheapest to set up.
Partnership: this is another common form of business ownership. It is rather easy to set up but lack of legal protection.
Company (Sdn Bhd ): A separate legal entity jointly owned by multiple investors. It has unique advantages in raising capital and paying taxes.