ENTREPRENEURSHIP

Detailed explanation-1: -Sole proprietorship. Partnership. Limited Liability Partnership (LLP) Private Limited Company (Sdn. Bhd.) Public Limited Company (Berhad)

Detailed explanation-2: -Private Limited Company (Sdn. Bhd.) is a legal entity and a juristic person established under the Companies Act 2016. Hence, a company has a range of legal capacities including opening of a bank account, hiring of employees, taking on equity or obtaining licenses and more as an independent corporate entity.

Detailed explanation-3: -The most common forms of business are the sole proprietorship, partnership, corporation, and S corporation.

Detailed explanation-4: -Types of Business Licenses in Malaysia Generally, Malaysia’s business licenses are divided into 3 categories: General licenses from local town councils. Industry or sector specific licenses from government ministries. Activity specific licenses.

Detailed explanation-5: -Sole Proprietorship/Perniagaan Tunggal. Partnership/Perniagaan Perkongsian. Private Limited Company/Sendirian Berhad (Sdn Bhd) Limited Liability Partnership (LLP)/Perkongsian Liabiliti Terhad (PLT) Public Limited Company/Berhad (Bhd) More items