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 Tenancy Agreement - Shoplot, Better under personal or business name

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TSMaxHW
post Mar 16 2021, 11:06 AM, updated 5y ago

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Joined: Feb 2017
From: Kuala Lumpur


Hi,

I wanting to rent a shop and finally found one that is reasonable in price and location, now i have a question, for the tenancy agreement, should it be under the personal name or business name if business is a sole proprietor.

I want to know if there any benefit of doing so under the personal name vs business name i.e (tax, expenses etc)

Its my first time renting a property and would like opinion on this.

Thanks.

 

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