Q: What is a will? A will is a legal document which a person, namely the testator, indicates his arrangement regarding to distribution of his property upon death and the care of any minor children. Q: What are the advantages of making a will? Having a will in place has the following benefits:- Avoid potential…
Divorce Proceedings in Malaysia: A Comprehensive Guide This article provides the readers with information on divorce proceedings in Malaysia. It covers the grounds for divorce, property division, child custody, and alimony. What are the requirements for divorce proceedings in Malaysia? The marriage must be registered or considered to be registered under Malaysia law or a…
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…
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…
