{"id":5506,"date":"2022-01-04T12:39:36","date_gmt":"2022-01-04T04:39:36","guid":{"rendered":"https:\/\/malayacorporate.com\/?post_type=article&p=5506"},"modified":"2022-01-12T13:49:52","modified_gmt":"2022-01-12T05:49:52","slug":"perbezaan-antara-5-entiti-perniagaan-di-malaysia","status":"publish","type":"article","link":"https:\/\/malayacorporate.com\/my\/article\/perbezaan-antara-5-entiti-perniagaan-di-malaysia\/","title":{"rendered":"COMPARISON BETWEEN 5 BUSINESS ORGANIZATIONS IN MALAYSIA"},"content":{"rendered":"\t\t
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Comparison between business\norganizations in Malaysia   <\/o:p><\/span><\/u><\/b><\/p>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
\n

 <\/span><\/p>\n <\/td>\n

\n

Company<\/o:p><\/span><\/p>\n <\/td>\n

\n

 <\/span><\/p>\n

Limited Liability\n Partnership (LLP)<\/o:p><\/span><\/p>\n <\/td>\n

\n

Enterprise<\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

Public Company<\/o:p><\/span><\/p>\n <\/td>\n

\n

Private Company<\/o:p><\/span><\/p>\n <\/td>\n

\n

Conventional\n Partnership <\/o:p><\/span><\/p>\n <\/td>\n

\n

Sole Proprietorship <\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

Rules & Regulations<\/o:p><\/span><\/p>\n <\/td>\n

\n

Companies Act 2016 <\/o:p><\/span><\/p>\n <\/td>\n

\n

Limited Liability\n Partnerships Act 2012<\/o:p><\/span><\/p>\n <\/td>\n

\n

Registration of\n Business Act 1956<\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

Entity name\n appearances<\/o:p><\/span><\/p>\n <\/td>\n

\n

Company ended with\n \u201cBerhad\u201d<\/o:p><\/span><\/p>\n <\/td>\n

\n

Company ended with\n \u201cSdn Bhd\u201d<\/o:p><\/span><\/p>\n <\/td>\n

\n

Company ended with\n \u201cPLT\u201d<\/o:p><\/span><\/p>\n <\/td>\n

\n

Personal name as\n stated in the identity card or using a trade name<\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

Owner (s) of the\n business<\/o:p><\/span><\/p>\n <\/td>\n

\n

1)     \n <\/span><\/span>Members \/ Shareholder<\/o:p><\/span><\/p>\n

2)     \n <\/span><\/span>Individual (natural person)\n or bodies Corporate or combination of both <\/o:p><\/span><\/p>\n <\/td>\n

\n

1) Partners<\/o:p><\/span><\/p>\n

2) Individual (natural\n person) or bodies Corporate or combination of both<\/o:p><\/span><\/p>\n <\/td>\n

\n

Partners<\/o:p><\/span><\/p>\n <\/td>\n

\n

Sole proprietor<\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

No of shareholders\/\n partners<\/o:p><\/span><\/p>\n <\/td>\n

\n

Min 2 shareholders and\n no limit for the maximum number of shareholders<\/o:p><\/span><\/p>\n <\/td>\n

\n

Min 1 shareholder and\n max 50 shareholders<\/o:p><\/span><\/p>\n <\/td>\n

\n

Minimum 2 partners and\n no limit for the maximum number of partners<\/o:p><\/span><\/p>\n <\/td>\n

\n

Owner or partners must\n be a Malaysian Citizen or Permanent Resident of Malaysian<\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

Legal status<\/o:p><\/span><\/p>\n <\/td>\n

\n

Separate Legal Entity<\/o:p><\/span><\/p>\n <\/td>\n

\n

Separate Legal Entity<\/o:p><\/span><\/p>\n <\/td>\n

\n

Not a separate legal\n entity<\/o:p><\/span><\/p>\n <\/td>\n

\n

Not a separate legal\n entity<\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

Perpetual succession <\/o:p><\/span><\/p>\n <\/td>\n

\n

Yes <\/o:p><\/span><\/p>\n <\/td>\n

\n

Yes<\/o:p><\/span><\/p>\n <\/td>\n

\n

No <\/o:p><\/span><\/p>\n <\/td>\n

\n

No<\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

Capital Contribution<\/o:p><\/span><\/p>\n <\/td>\n

\n

Share capital from\n Shareholders<\/o:p><\/span><\/p>\n <\/td>\n

\n

Partners contribution<\/o:p><\/span><\/p>\n <\/td>\n

\n

Partner contribution<\/o:p><\/span><\/p>\n <\/td>\n

\n

Own contribution<\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

Responsibility for\n management of business<\/o:p><\/span><\/p>\n <\/td>\n

\n

Board of directors<\/o:p><\/span><\/p>\n <\/td>\n

\n

Partners <\/o:p><\/span><\/p>\n <\/td>\n

\n

Partners<\/o:p><\/span><\/p>\n <\/td>\n

\n

Sole proprietor<\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

No of directors<\/o:p><\/span><\/p>\n <\/td>\n

\n

Minimum 2<\/o:p><\/span><\/p>\n <\/td>\n

\n

Minimum 1<\/o:p><\/span><\/p>\n <\/td>\n

\n

N\/A<\/o:p><\/span><\/p>\n <\/td>\n

\n

N\/A<\/o:p><\/span><\/p>\n <\/td>\n

\n

N\/A<\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

Returns<\/o:p><\/span><\/p>\n <\/td>\n

\n

Dividends<\/o:p><\/span><\/p>\n

 <\/span><\/p>\n <\/td>\n

\n

Shares of profit<\/o:p><\/span><\/p>\n <\/td>\n

\n

Shares of profit<\/o:p><\/span><\/p>\n <\/td>\n

\n

Profit of the business<\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

Profit sharing<\/o:p><\/span><\/p>\n <\/td>\n

\n

Follow shareholding\n proportion in the Company<\/o:p><\/span><\/p>\n <\/td>\n

\n

Specify in LLP\n Partnership Agreement<\/o:p><\/span><\/p>\n <\/td>\n

\n

Specify in Partnership\n Agreement<\/o:p><\/b><\/span><\/p>\n <\/td>\n

\n

Entitled to all profit\n <\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

Personal liability <\/o:p><\/span><\/p>\n <\/td>\n

\n

Liability of\n shareholder is to the extent of unpaid shares only<\/o:p><\/span><\/p>\n <\/td>\n

\n

To the extent of\n contribution only<\/o:p><\/span><\/p>\n <\/td>\n

\n

Unlimited liability<\/o:p><\/span><\/p>\n <\/td>\n

\n

Unlimited liability<\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

Limitation of\n Liability<\/o:p><\/span><\/p>\n <\/td>\n

\n

Limited <\/o:p><\/span><\/p>\n <\/td>\n

\n

Limited<\/o:p><\/span><\/p>\n <\/td>\n

\n

Unlimited<\/o:p><\/span><\/p>\n <\/td>\n

\n

Unlimited<\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

Company Secretary\/\n Compliance Officer<\/o:p><\/span><\/p>\n <\/td>\n

\n

Qualified Company\n Secretary<\/o:p><\/span><\/p>\n <\/td>\n

\n

Compliance Officer <\/o:p><\/span><\/p>\n <\/td>\n

\n

N\/A<\/o:p><\/span><\/p>\n <\/td>\n

\n

N\/A<\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

Statutory Audit\n Requirement<\/o:p><\/span><\/p>\n <\/td>\n

\n

Compulsory <\/o:p><\/span><\/p>\n <\/td>\n

\n

Compulsory (there are\n also company that qualified for audit exemption)<\/o:p><\/span><\/p>\n <\/td>\n

\n

Not Compulsory unless\n stated in the LLP agreement <\/o:p><\/span><\/p>\n <\/td>\n

\n

Not required<\/o:p><\/span><\/p>\n <\/td>\n

\n

Not required<\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

Compliance &\n Submission to SSM<\/o:p><\/span><\/p>\n <\/td>\n

\n

Annual return and\n Audited Financial Statements every Calendar year<\/o:p><\/span><\/p>\n <\/td>\n

\n

Annual return and\n Audited\/Unaudited Financial Statements every Calendar year<\/o:p><\/span><\/p>\n <\/td>\n

\n

Annual Declaration of\n Solvency Statement within 90 days from the end of financial year<\/o:p><\/span><\/p>\n <\/td>\n

\n

N\/A<\/o:p><\/span><\/p>\n <\/td>\n

\n

N\/A<\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

Registration fee<\/o:p><\/span><\/p>\n <\/td>\n

\n

RM 1,000.00<\/o:p><\/span><\/p>\n <\/td>\n

\n

RM 500.00<\/o:p><\/span><\/p>\n <\/td>\n

\n

Personal Name: RM\n 30.00, Trade name: RM 60.00<\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n

\n

Annual Fee<\/o:p><\/span><\/p>\n <\/td>\n

\n

                                       Rm\n 200.00<\/o:p><\/span><\/p>\n

(RM 150 for Annual Return, RM 50.00 for Audited Financial\n Statement)<\/o:p><\/span><\/p>\n <\/td>\n

\n

RM 200.00<\/o:p><\/span><\/p>\n <\/td>\n

\n

Personal Name: RM\n 30.00 per year, Trade name: RM 60.00 per year<\/o:p><\/span><\/p>\n <\/td>\n <\/tr>\n<\/tbody><\/table>

 <\/span><\/p>

\n\n\n\n\n\n<\/p>

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