New arena for companies

New arena for companies. [Newspaper] (2016)


Some of us may find it difficult to believe that as of Dec 31, 2015, we have some 1.2 million local companies and almost 5,000 foreign companies registered with SSM (Suruhanjaya Syarikat Malaysia). This is actually a small figure if we compare it with non-corporate business entities registered with SSM, totalling more than six million.
Many believe that, in due time, some of these non-corporate business entities will transform themselves into corporate entities as their owners register them as such with the SSM. This will be in line with one of the major objectives of the new Companies Act 2016 (Act 777) — which is to simplify the registration of new companies and facilitate entry of our home-grown business people into the corporate world.

Item Type: Newspaper
Keywords: Business Law
Taxonomy: By Subject > Business & Management > Human Resource
By Subject > Business & Management > Management
By Subject > Business & Management > Marketing
Local Content Hub: Subjects > Business & Management
Depositing User: Muhammad Azrul Ayob
Date Deposited: 01 Aug 2021 12:30
Last Modified: 01 Aug 2021 12:30
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