Choosing the Ideal Business Model

When starting a new business, one of the most critical decisions is choosing the right business model. This decision affects not only the taxes you need to pay but also your paperwork requirements, liability risks, and ability to raise funds in the future.

In Malaysia, small and medium-sized business owners can choose from the following four business structures:

1. Sole Proprietorship ()
2. Partnership ()
3. Private Limited Company (Sdn. Bhd.) ()
4. Limited Liability Partnership (LLP) ()

Each business model has its own advantages and legal implications, so selecting the right one depends on your business goals, risk tolerance, and long-term growth plans.

 


:

(Sole Proprietor)
(Partnership)
(Sdn. Bhd.)
(Limited Liability Partnership)