Thursday, July 17, 2025
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How to Register Your Business: A Step-by-Step Guide for Malaysia and Singapore

Starting a business begins with a single, crucial step: registering it legally. Whether you’re launching a side hustle, freelancing, or planning to scale a full-fledged company, business registration legitimizes your operation, builds customer trust, and gives you access to financial tools, government support, and legal protection.

Here’s a clear, practical guide to help you register your business in Malaysia and Singapore, including types of business structures, platforms to use, and essential documents you’ll need.


1. Choose Your Business Structure

Before you register, decide on a business structure. This affects your taxes, liability, and administrative burden.

🇲🇾 In Malaysia (via SSM – Suruhanjaya Syarikat Malaysia):

  • Sole Proprietorship – Owned by one person, simplest and cheapest to register.
  • Partnership – Two or more owners sharing profits and responsibilities.
  • Private Limited Company (Sdn. Bhd.) – Separate legal entity, suitable for growing or formal businesses.

🇸🇬 In Singapore (via ACRA – Accounting and Corporate Regulatory Authority):

  • Sole Proprietorship – Owned by one person or company.
  • Partnership / Limited Partnership (LP) – Jointly owned, with possible limited liability.
  • Limited Liability Partnership (LLP) – Offers flexibility and legal protection.
  • Private Limited Company (Pte. Ltd.) – Most common for startups and SMEs.

2. Choose a Business Name

Pick a unique and appropriate name. Ensure it:

  • Is not misleading or offensive
  • Isn’t already taken (check availability on SSM or ACRA portals)
  • Doesn’t infringe on trademarks

You can reserve the name during the registration process.


3. Register Online

🇲🇾 How to Register in Malaysia (SSM)

Platform: EzBiz Online

Steps:

  1. Create an EzBiz account and verify at any SSM office.
  2. Log in and click on “New Business Registration.”
  3. Enter business details (name, address, type of business, etc.).
  4. Upload required documents:
    • Copy of IC
    • Business premise agreement (if any)
  5. Pay registration fee:
    • RM30 for sole proprietorship (using personal name)
    • RM60 for trade name

🕒 Processing time: Same day to 1 working day.


🇸🇬 How to Register in Singapore (ACRA)

Platform: BizFile+

Steps:

  1. Log in with Singpass.
  2. Choose entity type (e.g., Sole Proprietorship or Pte. Ltd.).
  3. Submit business name application.
  4. Prepare key documents:
    • Copy of NRIC / passport
    • Local registered office address
    • Company Constitution (for Pte. Ltd.)
    • Consent from company officers
  5. Pay fees:
    • S$115 for sole proprietorship/partnership (1-year registration)
    • S$315 for company incorporation (includes name approval)

🕒 Processing time: Typically 15 minutes to 1 day (may take longer for complex names or referrals).


4. Open a Business Bank Account

Once your business is registered, you can open a business banking account. Bring your registration documents, business profile, and company resolution (for companies).

This helps separate personal and business finances—essential for proper budgeting and tax filing.


5. Understand Licensing and Tax Obligations

After registering, you may need licenses depending on your industry (e.g., food & beverage, education, e-commerce).

Also:

  • 🇲🇾 Register with LHDN for tax filing and apply for SST if required.
  • 🇸🇬 Register for GST (if turnover exceeds S$1 million) and file with IRAS.

Registering your business may seem like paperwork—but it’s your first step toward building something real and credible. Whether in Malaysia or Singapore, take the time to do it right. Once you’re official, you can operate legally, access funding, and grow with confidence.

It’s not just registration—it’s a declaration that you’re open for business.

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