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 Register SDN BHD as holding for properties, start a company to hold property

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cypher
post Mar 30 2023, 09:56 PM

CYPHER - CRAPPY SPEAKER
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From: Malaysia
QUOTE(kelisa959 @ Mar 30 2023, 09:49 PM)
hi,

I am planning to register a SDN BHD and let it hold my parents properties as it is troublesome to change the name of individuals as it will be inherited by 2 brothers and 2 sisters.

the reason for company is the properties just register under it and just pay the rental to the 2 brothers and 2 sisters.

any advice regarding this? any disadvantages?
*
Rental amount big only worth to do so.

But i guess the process is kinda troublesome and cost money right.
cypher
post Mar 30 2023, 10:06 PM

CYPHER - CRAPPY SPEAKER
*******
Senior Member
2,118 posts

Joined: Jan 2003
From: Malaysia
QUOTE(kelisa959 @ Mar 30 2023, 10:01 PM)
rental amount is significant as it is a few commercial properties. also easier to do the taxes.

the process and cost is the same if not more i guess if transfer to 4 individuals
*
Then yes, but details i not sure how the process, either by proxy or transfer owner and with shareholder, need some sifu

My case i do all individual, just personal income tax susah
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