Should you start with a simple sole proprietorship or jump straight into a Sendirian Berhad (Sdn Bhd)? Choosing the right business structure is one of the first and most critical decisions an entrepreneur makes, with long-term consequences for liability, funding, and growth.

As part of a 3-part series on this very question today, Lawyer Sheba Gumis, a Partner at Skrine, joins us to provide a legal lens on this foundational choice. She argues that taking the "easy way out" with a sole proprietorship can create significant risks down the line and explains why converting structures is more complex than most founders assume.

We discuss:

• The pros and cons of a sole proprietorship vs. a Sendirian Berhad (Sdn Bhd).

• The single greatest risk of a sole proprietorship: unlimited personal liability.

• When it makes strategic sense to transition to a Sdn Bhd.

• The key benefits of a Sdn Bhd for scaling, fundraising, and limiting liability.

• How your business structure impacts your future exit strategy.

For aspiring and early-stage entrepreneurs in Malaysia, this is an essential guide to getting your business foundation right from day one.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan

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Categories:  Corporates,  managing

Tags:  business structure,  Limited Liability,  corporate law,  sme malaysia,  entrepreneurship,  shareholders,