Hi guys I'm thinking of opening a pharmacy in kl / rawang area..Around how much is the start up?

hmmm.... I thought the market is more competitive now so most of the manufacturers have to throw themselves to the retail stores...I don't know whether this applies to pharmacy industry but at least it happens in hardware sector...

Hi wanna ask all the biz owner here. I'm just started my biz and registered with SSM .
since is pemilikan tunggal and I'm the only person who do the biz (no workers or partner), should I open a current account for my biz? Or I just bank in the money to my personal account as income?

Just started here so I had no idea how the income / expenses works in biz.

the salary you draw from the business, is the expenditure of the business.
So your business' profit before tax would have deducted your salary will be the taxable amount.
On the other hand, your salary income will be subjected to individual tax rate and reliefs.

Maybe you can consult a lawyer or company secretary regarding the possibilities of one person sdn bhd...main upside is to limit your liabilities and tax-saving (if you make high earning enough), main downside is subject to accounting and auditing.

Hi sifus ,read this thread found it very useful for new business startups to share and seek for advices , keep it up!
I am situated at Tawau ,Sabah and thinking to start a sports equipment shops  and have queries about the licences .
For sole proprietor ,i read on other threads(only applicable for Sabah&Sarawak) i will just need to apply the trading licences in the local council and i can start the business without applying a business licence with SSM?Is it correct?
Thanks!

Hi guys,

I want to get some opinions. What do you do with the extra cash in your business if you do not need to use them at least for the next 6 months? Any suggestions?

I am looking for a partner to run a outsource development house mainly embedded and electronics related. Btw me my self I an embedded engineer