Enterprise (Sole Proprietor/Partnership)
Advantages:
Simplicity & Low Costs:
Registration process is straightforward and quick.
Annual costs are typically under RM100.
Full Control:
Business owners (sole proprietors/partners) have complete control over decisions without needing to navigate complex administrative processes.
Disadvantages:
Unlimited Liability:
The business owner's personal assets are tied to the company’s debts.
Example: If the business owes RM50,000, the owner(s) must personally repay the debt.
High Personal Tax Rates:
Business income is taxed as personal income. Owners earning RM200,000+ are taxed up to 26%-30%, which can be higher than corporate tax rates.
Limited Financing Options:
Enterprises cannot raise funds through equity financing.
Loan approvals are often smaller or even denied by banks, particularly for sole proprietorships.
Sdn Bhd (Private Limited Company)
Advantages:
Limited Liability:
Shareholders’ personal assets are protected from company debts.
Lower Tax Rates:
Corporate tax rates are 15%-24%, generally lower than personal tax rates.
Better Financing Opportunities:
Sdn Bhd can raise funds through equity financing and is more likely to secure loans.
Business Continuity:
The company operates as a separate legal entity, unaffected by shareholders' personal issues like bankruptcy or death.
Credibility:
Sdn Bhd offers a professional image, instilling greater trust in customers, suppliers, and investors.
Disadvantages:
Higher Costs & Compliance:
Initial setup costs and ongoing compliance fees (e.g., audit reports, tax filings) are significantly higher than for Enterprises.
Requires appointing a company secretary and preparing audited financial statements.
Administrative Burden:
Decision-making involves formal procedures, board meetings, and documentation.
LLP (Limited Liability Partnership)
Advantages:
Limited Liability:
Like Sdn Bhd, LLP partners are protected from personal liability beyond their capital contribution.
Flexibility in Operations:
Combines the simplicity of a partnership with the liability protection of a company.
No Audit Required:
LLPs do not require annual audits, reducing compliance costs.
Suitable for Professionals:
Popular among professionals like lawyers and accountants forming partnerships.
Disadvantages:
Limited Financing Options:
LLPs cannot raise funds through equity financing.
Public Perception:
LLPs may lack the professional image and credibility of Sdn Bhd, especially for larger or corporate clients.
Complex Registration:
Registration and compliance are more complex than for Enterprise, though simpler than Sdn Bhd.
Sdn Bhd、Enterprise 和 LLP(有限责任合伙企业)的比较 企业(独资/合伙) 优点: 简单且成本低: 注册过程简单快捷。 每年的费用通常低于 RM100。
完全控制:
企业主(独资经营者/合伙人)可以完全控制决策,而无需处理复杂的管理流程。
缺点:
无限责任:
企业主的个人资产与公司的债务挂钩。
示例:如果企业欠 RM50,000,业主必须亲自偿还债务。
高个人税率: 营业收入作为个人收入征税。收入超过 RM200,000 的业主需缴纳高达 26%-30% 的税,这可能高于企业税率。 有限的融资选择: 企业不能通过股权融资筹集资金。 银行批准的贷款往往较少甚至拒绝,特别是对于独资企业。 Sdn Bhd(私人有限公司) 优点:
有限责任:
股东的个人资产受到保护,免受公司债务的影响。
较低的税率:
公司税率为15%-24%,一般低于个人税率。
更好的融资机会:
Sdn Bhd可以通过股权融资筹集资金,并且更有可能获得贷款。
业务连续性:
该公司作为独立的法人实体运营,不受股东破产或死亡等个人问题的影响。
信誉度:
Sdn Bhd 提供专业形象,为客户、供应商和投资者赢得更大的信任。
缺点:
更高的成本和合规性:
初始设置成本和持续合规费用(例如审计报告、税务申报)明显高于企业。
需要任命一名公司秘书并准备经审计的财务报表。
行政负担:
决策涉及正式程序、董事会会议和文件。
LLP(有限责任合伙企业) 优点: 有限责任: 与 Sdn Bhd 一样,LLP 合伙人除了出资之外,也免受个人责任。 操作灵活: 将合伙企业的简单性与公司的责任保护结合起来。 无需审核: 有限责任合伙企业不需要年度审计,从而降低了合规成本。 适合专业人士: 深受律师和会计师等建立合伙企业的专业人士的欢迎。
缺点:
有限的融资选择:
有限责任合伙企业不能通过股权融资筹集资金。
公众看法:
有限责任合伙企业可能缺乏私人有限公司的专业形象和信誉,特别是对于大型或企业客户而言。
复杂注册:
注册和合规性比企业更复杂,但比私人有限公司更简单。