Starting a sole proprietorship In Malaysia

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A sole proprietorship is the simplest form of business ownership. Not surprisingly, the vast majority of small businesses begin their existence as sole proprietorships. A sole proprietorship has but one owner. That sole owner may engage in any form of legal business activity any time and anywhere. Other than the various local and state business licenses that every business must purchase regardless of type of ownership, no legal formalities are required to start or operate the business. The owner is responsible for securing and investing the funds for the business.

If you intend to start a Small Enterprise (Sole Proprietorship) then you can do it yourself (DIY), as the procedure is very simple and easy. This is because the Malaysia government encourages people to be an entrepreneur and take control on their own financial life. There is no need to use any agent to help you out with the registration, as the process is very simple.

For more on Suruhanjaya Syarikat Malaysia head to http://www.ssm.com.my

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