Costs (Setup & Maintenance) – What Are the Expenses?

No matter what business you start, cost is always a crucial factor to consider. Many business owners opt for a Sole Proprietorship or Partnership because these models have significantly lower registration costs compared to a Private Limited Company (Sdn. Bhd.) or a Limited Liability Partnership (LLP/Plt.) in Malaysia.

Key Cost Considerations:

Setup Costs:
• Sole Proprietorship & Partnership – Lower registration fees.
• Sdn. Bhd. & LLP – Higher incorporation costs due to legal and compliance requirements.

Maintenance Costs:

For Sdn. Bhd. & LLP, annual expenses include:

Business record-keeping
Tax filing
Company secretary services 
Auditing & accounting fees

These costs can amount to at least a few thousand MYR per year.
Plan Your Budget Wisely!

Before deciding on a business structure, be sure to factor in both setup and ongoing costs into your financial plan

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(Sdn. Bhd.) (Plt.)

(Sdn. Bhd.) (Plt.)