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How to open current account, for business purpose
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dkk
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 Nov 2 2011, 09:47 PM
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10k Club
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QUOTE(rayng18 @ Nov 2 2011, 02:59 PM) register a company better to open sdn bhd mah limited liabilty The limited liability is somewhat limited. Because creditors usually will want directors to sign guarantees. Of course you're still protected for things which you did not sign a guarantee. Like vicarious liability, not paying your employees, outstanding utilities/rental, etc. Don't worry about introducer. Use the existing current account under your personal name to introduce your business account. This post has been edited by dkk: Nov 2 2011, 09:48 PM |
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dkk
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Nov 4 2011, 01:16 PM
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10k Club
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QUOTE(donpapachino @ Nov 4 2011, 09:05 AM) so in other words, if i already have a personal current account with maybank, can use that to apply for business current account? Looks like the rules vary by the banks. And perhaps even by branch. I did that at Public Bank. |
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dkk
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Nov 30 2011, 06:36 PM
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10k Club
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QUOTE(whitemouse1314 @ Nov 30 2011, 12:07 AM) Just curious because I am also having around 200-300k monthly turnover on my personal account but so far bank haven't annoying me yet.I am appreciated if you can share the figure with me so that i can control my turnover. That's RM3.6 million per year! Go register your business. That amount is high enough to attract attention from the tax man. |
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