Start Up Business Consultation
Are you considering going into business for yourself? Starting a business is an exciting proposition, while at the same time a thrilling challenge. There are many decisions, details and options to consider. We have the expertise to assist you in making strategic decisions as you work through the various aspects of starting your business.
Business Entity Formation
One of the first decisions an entrepreneur must make is which business entity is best for him. To make that decision, the business owner must understand his choices. We have enormous amount of knowledge and experience to help you make a well informed decision in choosing the right business entity that fits your goals and visions.
In modern business it is not the crook who is to be feared most, it is the honest man who doesn't know what he is doing.
-William WordsworthStart Up Business Consultation
Starting a Business?
We understand the issues a new business can face and can help you establish things like accurate record keeping, reporting and procedures necessary to launch your business successfully. We have the expertise to assist you in making strategic decisions as you work through the various aspects of starting your business. From entity selection to choosing the right payroll service, from guidance in obtaining financing to making determinations whether to buy or lease equipment, our professionals look at the big picture, while still paying attention to the details that make a difference.
We assist you every step of the way including helping you:
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Accounting/Finances
Establish internal accounting processes
Choose a financial reporting software application
Taxes
Apply for the following licenses:
Sales Tax
Payroll
Payroll
Identify appropriate services needed the include:
Payroll Frequency
Payroll Processing and Reporting
Payroll Taxes
The life of a startup is full of ups and downs, an emotional roller coaster ride that you can't quite imagine if you've spent your whole career in a corporation.
-Harvey MackayBusiness Entity Formation
One of the first decisions an entrepreneur must make is which business entity is best for him. To make that decision, the business owner must understand his choices.
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CHOOSING A BUSINESS ENTITY
The guiding concerns in choosing the appropriate business entity are:
Liability
Ease of formation and operation
Taxation
Suitability to a business purpose
Suitability for expansion
Ease of sale, termination or dissolution
TYPES OF BUSINESS ENTITIES
The choices among business entities are numerous and have even grown wider in more recent years with the advent of the limited liability company and the limited liability partnership.
The basic and most commonly used business entity choices are:
Sole Proprietorship
Partnership
Limited Liability Partnership (LLP)
Private Liability Company (Sdn. Bhd.)
Public Limited Company (Bhd.)
Association
Foreign companies
Companies limited by guarantee
Entity Formation
Determine the best type of entity that's right for you
File the necessary paperwork to form your new entity
Obtain your Company number
Publish your Articles
Professional Memberships
Chen & Co. initiated the use of technology to revolutionize the accounting profession by developing new software to help streamline and digitalize corporate processes in Malaysia. We have provided advisory and tax compliance services to various local industries such as SME Corporation Malaysia, multinational companies in Malaysia, and other government-linked companies (GLC).
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30000 Ipoh Perak
Phone: 05-241 4218
Fax: 05-241 3809
Email: support@chenco.com.my
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