Must Every Sdn Bhd Company have shareholders?
All Sdn Bhd companies are required to have shareholders before they many conduct business operations. It is illegal for such a company to operate if it does not have any shareholders.
How Significant is the foreign presence across Malaysia’s Restaurants?
The majority of those who work in restaurants in Malaysia are foreigners. This is due to the fact that many Malaysians are uninterested in working in restaurants. Many of these foreigners are [...]
How many tourists enter Malaysia every year?
The latest statistics show that in 2018, approximately 25.83 million tourists entered Malaysia. The five countries which contributed the most to this total were Singapore, Indonesia, China, Thailand, and Brunei. However, this [...]
What is the current status of Malaysia’s food and beverage (F&B) Industry?
Malaysia’s F&B industry has been trending in a positive direction. In 2018, the industry’s total revenue was approximately US$34 million. This total represents an annual growth rate of around 7.6%.
Has the Partnership Act 1961 been updated?
The latest change to the Partnership Act took place in 1974. This update involved the amending of Act A240.
Can a Business in Malaysia make use of more than one Business Structure at the same time?
Every business in Malaysia cannot be categorized as more than one business structure. Therefore, businesses in Malaysia cannot make use of more than one business structure at the same time.
What names may not be chosen for a Company based in Malaysia?
In Malaysia, certain names may not be used for the purposes of naming a company. These names include names related to royalty; names related to state, federal, or foreign governments or international [...]
In which situations is starting a Sole Proprietorship or Partnership preferable to starting a Sdn Bhd Company?
There are certain instances in which it is more advisable for a prospective business owner to start a sole proprietorship or partnership. The primary examples of such scenarios involve entrepreneurs who are [...]
How has Malaysia’s ranking with regard to ease of doing business changed over the years?
Ever since the introduction of the Ease of Doing Business rankings in 2006, Malaysia’s ranking has not changed much. In almost every year of the rankings, Malaysia has been ranked between 12th [...]
Is there a minimum number of additional licenses required by a Malaysian Company?
The number of licenses required by a company will depend on the industry of which the company is a part. Certain companies will need only a few or even no additional licenses; [...]