Guidelines for Registration of New Business

Only available on StudyMode
  • Download(s) : 54
  • Published : May 16, 2013
Open Document
Text Preview
GUIDELINES FOR REGISTRATION OF NEW BUSINESS Business includes every form of trade, commerce, craftsmanship, calling, profession or other activity carried on for the purposes of gain, but does not include any office or employment or any charitable undertaking or any occupation specified in the schedule under the provisions of the Business Registration Act 1956 (ROBA 1956). Business that may be registered under the ROBA 1956 is a business operating in West Malaysia which includes Peninsular Malaysia and the Federal Territory. The types of business are as follows : 1. Sole Proprietorship – a business wholly owned by a single owner 2. Partnership – a business owned by at least two (2) persons and not more than twenty (20) partners.

Registration Procedure 1. Business may be registered using personal name or using a trade name. a) The business name using personal name as stated in the identity card is not required to apply for business name. Example: Ruslan bin Mohamed, Siow Ah Thai or, Ramasamy a/l Mutusamy b) Trade Name is the name of the proposed business and must obtain prior approval from the Registrar of Business. Example: Kedai Dobi Mewah, Lucky Star Catering or, ABS Unggul Enterprise. 2. Complete the Business Registration Form (Form A) with the following information : a) Business name b) Commencement date of business c) Principal place of business

d) The address of the branch of business (if any) e) Information of owner and partners f) Type of business carried out g) Provide a copy of the Partnership Agreement (if any) 3. 4. Every business owner and partner must sign the completed Form. Person responsible must submit the application to counter or through online via SSM e-Lodgement services in the SSM’s website at www.ssm.com.my. Documents to be attached are as follows: a) Photocopy of owner and/ or partner’s identity card; b) Permit, licence or Supporting letter for the type of business e.g Nurseries (Department of Social Welfare), Kindergarten, Tuition...
tracking img