Ownership & Business Management – Who Runs the Company?

In most business models (such as Sole Proprietorship, Partnership, and Limited Liability Partnership), the business owners are directly responsible for managing the company. All partners or business owners share the same risks and responsibilities.

However, a Private Limited Company (Sdn. Bhd.) operates differently.

Sdn. Bhd. – Separation Between Ownership & Management

Shareholders (股东) – The Legal Owners

• Shareholders own the company but are not necessarily involved in daily operations.

• They can be passive investors who earn profits through dividends.

• Only major business decisions (such as property purchases or appointing auditors) require shareholder approval in meetings.

• If the company incurs debt beyond its assets, shareholders are only liable for their invested capital. Their personal assets remain protected.

Directors (董事) – The Company’s Managers

•Directors are appointed by shareholders to run the business.

•They act as employees of the company, managing daily operations.

•Shareholders can appoint or remove directors through a special shareholder meeting.

Why Choose an Sdn. Bhd.?

If your business involves investors and professional managers, setting up a Private Limited Company (Sdn. Bhd.) is an ideal choice!

拥有人及生意管理 – 谁负责公司营运?

生意业者在大多数的情况下(如个人企业，合伙企业及有限合伙企业)都是负责公司营运的人。所有合伙人/业者都会分担相同的生意风险及责任。但是，私人有限合伙公司 (Sdn. Bhd.) 与其他的生意模式不一样。

私人有限合伙公司(Sdn. Bhd.)的“股东”是公司的法定拥有者，他们可以是纯粹的投资者并只通过股息的方式获得他们的盈利回酬。而通常只有重大的生意决策（如购买产业，更换审计师等）需要股东开会同意。如公司有资不抵债的情况，股东最多只是赔上他们投资于公司的股票价值，不会涉及股东个人资产。

负责私人有限公司(Sdn. Bhd.) 营运的人是”董事”, 他们是受公司聘请的雇员，以经理人的角色协助公司处理日常运作。董事的委任或是解雇可通过公司的特别股东大会完成。

因此，当您的生意涉及投资者及经理人时，您可考虑设立一间私人有限合伙公司(Sdn. Bhd)。