BFM 89.9
The Business Station
BFM 89.9
The Business Station
The Real Costs of a Sdn Bhd (& When It's Worth It)
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Guest: Nazri Adam, Director, Sizzle Group Holdings Sdn Bhd, Agnes Wong, Managing Partner, Syarikat Ong
"I incorporated too soon." It's a costly regret for many entrepreneurs and it highlights a pivotal question for any growing business: when is the right time to move from a simple sole proprietorship to a formal Sendirian Berhad (Sdn Bhd)? This final episode in our series on business structures tackles the practical realities of making that crucial leap.
We are joined by F&B entrepreneur Nazri Adam, who shares his lived experience of making the transition, and corporate secretary Agnes Wong, who provides professional insights. They discuss the real-world costs, the necessary mindset shift, the compliance duties, and the common mistakes to avoid when incorporating your business.
We discuss:
When it actually makes financial sense to incorporate.
The real-world costs and compliance duties of running a Sdn Bhd.
A founder's story of incorporating "too soon" and the lessons learned.
The practical process of incorporation (and the challenge of name approval).
The crucial role of a company secretary beyond just filing paperwork.
For any founder or sole proprietor in Malaysia considering incorporation, this is an essential and honest guide to the practical challenges and strategic benefits of taking your business to the next level.
Presenter: Roshan Kanesan
Producer: Roshan Kanesan
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