Learn everything you need to know about transitioning your enterprise into a Sdn Bhd through this comprehensive guide.
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A Sdn Bhd is not just another business entity.
Even though you own the Sdn Bhd as the shareholder and manage it as the director, the Sdn Bhd itself is responsible for compliance matters and other day-in-day-out operations.
While all profits made by an enterprise are subjected to personal income tax of the business owner, your Sdn Bhd’s tax obligation is assessed separately from your personal income tax obligation.
As a Sdn Bhd has a more stringent compliance to follow, it has more credibility and is more trustworthy compared to an enterprise in a business setting.
As a time and tested legal entity, a Sdn Bhd is commonly and widely used as a fundraising vehicle to raise funds from investors for the business.
Make the transition when you are ready.