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Question for Sole Proprietor., Personal bank acc. or Business bank acc.
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TSsykz
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May 18 2017, 02:31 PM, updated 9y ago
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Dear All,
Would like to inquire about Sole Proprietor in Malaysia. Can the owner use his own personal account to receive payment for goods/service rendered or need to create another bank account under the Sole Proprietor's company name to receive payment?
Thank you
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TSsykz
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May 20 2017, 04:57 AM
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Thanks guys for all reply. Noted on the professional level.
Background of my query is to due my current job situation whereby there are individual vendors that been working with my company for a numbers of years and company been paying them to their personal account.
Just want to clarify whether they are able to continue to use their personal account or otherwise.
Thanks all.
This post has been edited by sykz: May 20 2017, 04:58 AM
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