Why You Should Register And Have A Current Account For Your Online Business

Having your company registered with SSM is important for your business. This actually gives your customers confidence and trust in your business as they see it more legit. Displaying your registration number on your website or business page makes a good impact and makes your customers buy your products or services with more confidence.

It doesn’t cost much to register your company, and its a very simple process that takes only about an hour. Anyone who carries on with a business without a valid Business Registration Certificate could potentially be looking at a fine of up to RM50,000 or a maximum of two years of imprisonment.

Here is the fees structure for registration:

Other benefits of getting your business registered:

• Makes dealing with suppliers from in and out of the country.
• Simplifies buying business items like property, machines, transportation and others using a business name which is genuine and registered.
• Easy to learn steps to bring your business up the ladder to a Sendirian Berhad (sdn bhd) in the future.
• Records of incoming and outgoing transections within the company would make it good for future use such as applying for business loans and declaration of tax.
• You also will be able to open a company bank account.

So it’s always best if you register your company for your benefit and also for customers to have confident and trust in your business.

Categorised in: Reseller

This post was written by Cornelia Lyman