11/29/2015

StartingaSoleProprietorship/Partnership|SuruhanjayaSyarikatMalaysia(SSM)
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StartingaSole
Proprietorship/Partnership

StartingaSoleProprietorship/Partnership
Businessincludeseveryformoftrade,commerce,craftsmanship,calling,professionorotheractivitycarriedonforthe
purposeofgain,butdoesnotincludeanyofficeoremploymentoranycharitableundertakingoranyoccupation
specifiedintheScheduleoftheRegistrationofBusinessesAct1956(ROBA1956)&ROBARules1957
Two(2)typeofBusiness
1. Soleproprietorship:Businesswhollyownedbyasingleindividualusingpersonalnameasperhis/heridentity
cardortradename.
2. Partnership:Businessownedbytwoormorepersonsbutnotexceeding20persons.Identitycardnamecant
beusedasbusinessname.

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1.Registrationofanewbusinesstobedonewithin30daysfromthedateofcommencementofthebusiness.
2.RegistrationcanbedoneatanySSMcounterorthroughtheeLodgementservices
3.CompletetheBusinessRegistrationForm(FormA).RefertoGuidelinesForNewBusinessRegistration
Businessmayberegisteredusingpersonalnameorusingatradename.
(i)PersonalNameBusinessnameusingpersonalnameasstatedintheidentitycardisnotrequiredtoapplyfor
businessnameapproval.
(ii)TradeNameCompletebusinessnameapprovalform(FormPNA.42).RefertoGuidelinesforBusinessName
Application.
4.BusinessnamesapprovalisaccordingtoRules15,RulesofBusinessRegistration1957.
5.BusinessRegistrationcanbemadeforaperiodofone(1)yearandnotmorethanfive(5)years.

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