How to Register for Sole Proprietorship or Partnership business in Malaysia
WARNING: Conducting business without registration is an offence that is punishable with a fine not exceeding RM50,000.00 or imprisonment not exceeding 2 years or both.
So you decided to register a sole proprietorship or partnership as your business entity. Here is how you go about getting it registered:
How to Register for Sole Proprietorship or Partnership?
Go to Suruhanjaya Syarikat Malaysia (SSM) a.k.a Companies Commission of Malaysia (CCM) office or visit EZBIZ Portal to register a business as a Sole Proprietorship (1 person) or a Partnership (2 or more person but not exceeding 20 people).
What is the Registration Cost?
| Registration Type | Cost |
|---|---|
| Sole Proprietorship using personal name (e.g., Abu Enterprise) | RM 30.00 |
| Sole Proprietorship using trade name (e.g., Ninja Solution Enterprise) | RM 60.00 |
| Partnership (e.g., Fareez Shah and Partners) | RM 60.00 |
What do you need to bring?
- Come up with at least 3 business names (in case a name is taken up).
- Bring a Photocopy of your Identification Card.
- Completed Business Name Approval Form (Form PNA.42).
- Completed Business Registration Form (Form A).
- You and/or your partner must submit the application personally.
- Moolah/Dough/Money/ Legal Tender (prepare exact sum beforehand to avoid the possibility CCM doesn't have money for a change).
Important Notes
Use of numbers, signs, symbols, or any of the words HERE are not allowed as part of the business name.
More Important Note: If you are registering as a partnership, please make sure you sign a Partnership Agreement and deposit a copy with SSM to regulate the relationships between partners.