How to Start Partnership Registration Malaysia?
Important Note: Partnership registration must be done personally by the owner/partner and cannot be performed by a third party. Although we are not able to provide the service to you, read further and we will guide you on how to start!
Partnership Registration Malaysia a.k.a Enterprise is a form of registration to start a business in Malaysia. Fundamentally, it is cost effective, easy to form and will usually take about 1 hour to register.
The following is a relevant article explaining the advantages and disadvantages of partnership
4 Simple Steps for Partnership Registration
The following are 4 easy steps for you to start with the registration process:
(1) Go to the nearest Suruhanjaya Syarikat Malaysia/Companies Commission Malaysia (SSM/CCM). It is advisable to bring along some entertainment to kill time.
(3) Take number, submit form, make payment and wait for +- 1 hour
(4) Collect certificate of registration
Additional Note: It is advisable to ask about registration for EZBIZ account too!
Requirement for Partnership Registration in Malaysia.
The following are the basic requirement to start with the registration process:
(1) Minimum of two (2) persons to act as owner/partner.
(2) Owner must be Citizen or Permanent Resident of Malaysia.
(3) Owner must be above 18 years old, not a bankrupt and of sound mind
Things to Prepare & Bring along
(1) Come up with at least 3 business names, such as “I am handsome and Partners” or “Fareez Shah and Partners”
(2) Bring a Photocopy of Identification Card
(3) Business owner
(4) Bring exact change (RM70.60)
Now that you know the process for Partnership Registration, remember us in your heart for Company Registration Malaysia.
If you are still unsure on the type of business vehicle to start, it is highly recommended that you book a consultation session with our trained lawyers. This will enable you to ask questions such as licensing requirements, legal issues and legal agreements.
Important Notice: If there is no Partnership Agreement, the relationship between business partners will be governed by the Partnership Act 1961
The following are other relevant articles to read: