START A SMALL BUSINESS WITH A TRADING LICENSE
What Is Sole Proprietorship?
A Sole Proprietorship (Trading License) is one of the business structures wholly owned by a single individual. Sole Proprietorship is recommended to startups, who newly in business because it is requires low entry cost and less paperwork. A lot of businesses starting as sole proprietorships and develop into partnerships and locally incorporated companies. There are two (2) types of businesses which are;
- Sole proprietorship: Business wholly owned by a single individual using personal name as per his / her identity card or trade name.
- Partnership: Business owned by two or more persons but not exceeding 20 persons. Identity card name can’t be used as business name.
It is compulsory to apply a trading license, whether the business is private limited company (Sdn Bhd), a limited liability partnership (LLP) or a sole proprietor. To register a trading license, businesses required to have an office premises before starting business.
Therefore, we help you to register your business trading license together with our corporate address enable you to start up your business easily.
WHY START A
TRADING LICENSE?
Low Cost & Capital to Start a Business
Approve Within 5-7 Working Days
Fast & Simple
HOW TO APPLY
A TRADING LICENSE?
Having a valid business license is essential for starting a business in Malaysia.
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