Shareholders Agreement
201709.15
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Shareholders Agreement

Q:  What are the differences between shareholders and directors? A shareholder or member owns a company by holding its shares. A director manages the company. A director does not have to be a shareholder and a shareholder has no right to be a director. Q:  What is paid-up capital? Paid-up capital is the amount of…

Business Type in Malaysia
201709.06
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Business Type in Malaysia

Q: What are the main vehicles used in Malaysia to establish a business? There are 3 types of business entities one can choose from to start up a business in Malaysia, namely: Sole proprietorship Partnership Companies – Under the Companies Act 2016, a company can be incorporated as: a company limited by shares – the…

Buy Sell Agreement – Business
201701.30
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Buy Sell Agreement – Business

Importance of having an agreement for sale of business Business or asset sale is common in Malaysia. Sale of a business usually includes the assets of the business as well unless otherwise negotiated by the parties. A business sale is to be distinguished from a company sale or shares sale which involves the sale of…