Registration Of Enterprise (Sole Proprietorship / Partnership) In Malaysia

Keeyaa offers professional assistance in registering Sole Proprietorships and Partnerships under the Registration of Businesses Act 1956, ensuring a quick and compliant setup for your small business. This is the most straightforward and cost-effective way for Malaysian entrepreneurs to start operating legally.

Minimum Requirements for Enterprise Registration

To register a Sole Proprietorship or Partnership in Malaysia, you must meet the following criteria:

  • Owner / Partners
    • Sole Proprietorship: 1 owner (must be a Malaysian citizen or permanent resident, aged 18 and above).
    • Partnership: 2 to 20 partners (must be Malaysian citizens or permanent residents, aged 18 and above).
  • Business name
    • Can be a personal name (as per IC) or a trade name (must be approved by SSM).
  • Registered business address in Malaysia
  • Nature of business
    • Brief description of activities to be carried out.
      Copy of NRIC (for all owners/partners).
  • Partnership agreement (for partnership registrations).
  • Compliance with Registration of Businesses Act 1956
    • Registration must be completed within 30 days of starting your business

Why Choose Us for Enterprise Registration?

FAQs – Enterprise Registration In Malaysia

Usually within 1 working day if all documents are complete and approved by SSM.

No, only Malaysian citizens or permanent residents can register under this structure.

Yes. Profits from both are taxed as personal income of the owner(s), but Partnership income is split among partners.

Yes, you must renew it annually or every three years, depending on your chosen registration term.

Yes, you can, but it will require a new company registration process under the Companies Act 2016.