Are you a business owner in Malaysia looking to start a business? Have you considered incorporating a Sdn Bhd Malaysia company? A Sdn Bhd company is a private limited business entity in Malaysia and it is the best way for foreigners and locals to set up their business.
Paul Hype Page Malaysia can help you take advantage of the benefits of owning a Private Limited Company in Malaysia. Incorporating a Private Limited Company (Sdn Bhd) in Malaysia is a great way to have a separate legal entity and gain protection from liabilities that arise from its operations.
These are just a few advantages of incorporating a Private Limited Company (Sdn Bhd) in Malaysia. By incorporating a Private Limited Company, you can protect your assets and interests, save on taxes, and attract foreign ownership, such as:
- Separate Legal Entity: A Private Limited Company (Sdn Bhd) is a legal entity from its owners, meaning it can enter into contracts, sue and be sued, and own property in its name. This provides the business owner with limited liability protection from debts and liabilities incurred by the company.
- Tax Benefits: Setting up a Private Limited Company in Malaysia also benefits its owners. With the country’s double taxation treaties with multiple jurisdictions, profits made in Malaysia are taxed only in Malaysia. . Businesses in Malaysia are exempt from Malaysian stamp duty and are subject to a flat rate of 24% corporate tax. There are also multiple tax exemptions for certain company types in Malaysia.
- Limited Liability: Private Limited Companies in Malaysia also provide their owners with limited liability. This means that the company owners are only liable for the company’s debts up to the amount of their own share capital. They can help protect the company’s owners in case of any legal issues.
- Easier to Transfer Ownership: The transfer of ownership of a Private Limited Company is simpler than that of a partnership or sole proprietorship, as the transfer of shares is usually simpler and less expensive.
- Foreigner Ownership: One of the main advantages of having a Private Limited Company in Malaysia is that foreigners can own businesses there. It means that people from around the world can set up a business in Malaysia, making it an attractive destination for entrepreneurs from all walks of life.
We offer a comprehensive range of services to help you incorporate a Private Limited Company (Sdn Bhd) and take advantage of these advantages. Our experienced team of professionals will help you through the process, from initial planning to complete the incorporation process.
So why wait? Contact Paul Hype Page Malaysia today and take advantage of the numerous benefits of incorporating a Private Limited Company.