https://www.ssm.com.my/bm/Pages/Register_Bu...rhad-(PLT).aspx

PLT Perkongsian Liabiliti Terhad
Its between Sdn Bhd & Enterprise

Berhad better.

For ur reference.

Audit n accounting fee for my sdn bhd is aorund 10k a year.

Secretary fee n other misc about 2k a year.

Pro: can deduct alot expenses, n reduce more taxable income.

If ur business really small scale, can go with enterprise first.

Sdn Bhd - Risk is losing the money available in the company is not enough money the company is closing down and everything will be liquid down to pay the debt unless you buy house and car using the company to get the loan.

Enterprise - Risk is your own, if the company is not enough money you still have to sell all your own asset to clear the debt, if still unable to clear then you have to declare bankrupt

This post has been edited by Asurada: Dec 1 2020, 12:23 PM

cheap also still money. then multiply by 10 years, can make installment iphone 12 for 1 month lol..

This

When you make RM10million, then you open Sdn Bhd.

2k no need la

PLT better. Best of both world

If sales not over 300k per annum, enterprise je lah

small biz cash selling better stay lean no need compeni, no tax no documentation expenses land of free

Sdn Bhd has limited liability. Enterprise is better cost wise provided you make sure the biz is run well and doesn't go bankrupt.

Enterprise = air suam
Llp = limau ice
S/b = frappuccino
Bhd = chivas

i mean no need anything buy a table buka gerai sudah cash in cash out no hasle tax documentation what not


back to the sdn bhd one theoretically is no liability, but practical is got liability, cos u are guarantor for the sdn bhd if u owner, so still kena as guarantor, talk song say no liability but this world where got free lunch one if got many people rich already

How about partnership?

sriously

no 14 year old shud be teached this

u teach 19yo this oso tarak paham

y so early

Start with Enterprise/Partnership if your biz remain small foreseeable future or infancy period

Start with Sdn Bhd if you sure your biz grow exponentially big within 5 years


btw 2k cannot even incorporated an sdn bhd

provided TS is a partnership biz, Sole Prop can't do PLT

Btw it also got both world of shit as well(need to prepare resolutions to do things, just like sdn bhd) especially when you want to close it down

This post has been edited by Iceman74: Dec 1 2020, 12:56 PM

yes, but at least sdn bhd, you're taking on a conscious decision as to the risk.

you'd be surprised for enterprise, at lot of these companies grow to medium size but still don't incorporate. and then when losses start mounting, they never cut loss and would suffer bankruptcy later on.

why 20

Dont need Ssm to get penjaja lesen no ?

limited liability partnership maybe...
if NORMAL partnership, it's an incredible risk. Cos your partner can drag you into bankruptcy.