Classes Companies in Malaysia

There are many different types of companies in Malaysia, ranging from small businesses to large multinational corporations. The Malaysian government has created a favourable environment for businesses to thrive, with various incentives and tax breaks.

The most common type of company in Malaysia is the sole proprietorship, which is owned and operated by a single individual. These businesses are relatively easy and inexpensive to set up, and are suitable for small businesses.

Partnerships are another common type of company in Malaysia, and are typically between two or more individuals. These businesses offer more flexibility than sole proprietorships, but can be more difficult to manage.

Companies limited by shares are the most common type of company listed on the Malaysian stock exchange. These companies are owned by shareholders, and the directors are responsible for managing the company.

Public limited companies are larger than companies limited by shares, and are typically listed on the stock exchange. These companies are owned by shareholders, and the directors are responsible for managing the company.

The Malaysian government offers various incentives for businesses to set up in Malaysia, such as tax breaks and low-interest loans. These incentives have helped to make Malaysia an attractive destination for foreign investment.