Choosing the Right Business Entity in Malaysia

The video provides an overview of different business entities in Malaysia, including sole proprietorships, partnerships, private limited companies, unlimited companies, foreign companies, limited liability partnerships, and public limited companies. It explains the characteristics, liabilities, and regulations associated with each type, helping entrepreneurs choose the right entity based on their goals, liability comfort, and investment capacity. The video concludes with advice to consult professionals for guidance.

What is a key characteristic of a sole proprietorship in Malaysia?

• Limited liability

• Shared ownership

• Public share offering

• Personal liability

In a partnership, what is a crucial factor to consider when choosing partners?

• Their personal liability

• Their location

• Their financial status

• Their business goals

What is a major advantage of a private limited company (SDN BHD) in Malaysia?

• Unlimited liability

• Low setup cost

• Limited liability

• No regulatory requirements

How does an unlimited company differ from a private limited company?

• It has limited liability

• It has unlimited liability

• It requires no registration

• It can offer shares to the public

What is required for a foreign company to operate in Malaysia?

• Partnership with a local company

• Registration with the Companies Commission of Malaysia

• No registration needed

• Approval from the Ministry of Finance

Who would benefit most from forming a limited liability partnership (LLP)?

• Public companies

• Professional services like lawyers and accountants

• Manufacturing companies

• Retail businesses

What is a defining feature of a public limited company (BHD)?

• It is only for small businesses

• It offers shares to the public

• It has no liability

• It is exempt from regulations

What must public limited companies disclose?

• Their marketing strategies

• Their financials publicly

• Their employee salaries

• Their customer data

Which business entity is best for international expansion?

• Foreign company

• Public limited company

• Partnership

• Sole proprietorship

What should be considered when choosing a business entity in Malaysia?

• The color of the logo

• The type of products sold

• The level of liability and investment

• The number of employees