Programmes Companies in Malaysia

There are many different types of companies in Malaysia, but the most common are sole proprietorships, partnerships, and corporations. Each type of company has its own advantages and disadvantages, so it is important to choose the right one for your business.

Sole proprietorships are the simplest and most common type of company in Malaysia. They are owned and operated by a single person, and they are not required to register with the Companies Commission of Malaysia (CCM). However, sole proprietorships are not separate legal entities from their owners, which means that the owner is personally liable for all debts and obligations of the business.

Partnerships are similar to sole proprietorships, but they are owned and operated by two or more people. Partnerships must be registered with the CCM, and each partner is personally liable for the debts and obligations of the business.

Corporations are the most complex type of company in Malaysia. They are separate legal entities from their owners, and they are required to register with the CCM. Corporations are owned by shareholders, and the shareholders are not personally liable for the debts and obligations of the business.