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LAWS OF MALAYSIA Act 197 REGISTRATION OF BUSINESSES ACT 1956 First Enacted: Revised:1956 (Ordinance No. 47 of 1956) 1978 (Act of 197 w.e.f. 15 February 1978)ARRANGEMENT OF SECTIONSPART I PRELIMINARYSection
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01
Step 1: Decide on the legal structure of your business (e.g., sole proprietorship, partnership, corporation).
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Step 2: Choose a name for your business that is unique and not already in use by another company.
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Step 3: Register your business name with the appropriate government agency.
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Step 4: Obtain any necessary licenses or permits required for your specific type of business.
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Step 5: Determine your business's tax obligations and register for a tax identification number.
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Step 6: Set up a business bank account to separate your personal and business finances.
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Step 7: Develop a business plan outlining your goals, target market, and financial projections.
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Step 8: Find a suitable location for your business, if necessary, and secure any necessary leases or contracts.
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Step 9: Hire any employees or contractors needed for your business operations.
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Step 10: Market and promote your business to attract customers and clients.

Who needs registering a business in?

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Anyone who wants to start a legal and legitimate business needs to register it.
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Entrepreneurs and individuals looking to protect their personal assets by establishing a separate legal entity for their business.
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Business owners who are planning to hire employees or contractors and need to comply with employment laws and regulations.
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Companies or individuals who wish to establish credibility and professionalism in their industry by having a registered business.
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Businesses that plan on engaging in transactions with other companies or organizations that require a registered business entity.
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Registering a business involves officially documenting a company with the proper government authorities.
Any individual or entity looking to start a business is required to file for registering a business.
To fill out registering a business, one must provide information about the company's name, location, ownership, and type of business structure.
The purpose of registering a business is to establish the legality of the company and ensure compliance with regulations.
Information such as the business name, address, ownership details, and type of business structure must be reported on registering a business.
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