John Gums does not work for, consult, personal shares in or obtain funding from any company or group that might benefit from this article, and has disclosed no related affiliations beyond the academic appointment above.
The government has given incentives to those that want to register as a sole proprietor or partnership, with a reduced payment of RM50 (about US$sixteen.50) for 5 years. It is a lot cheaper in comparison with the unique fee of RM30 and RM60 per 12 months, for proprietorship and partnership respectively. Banks needs to be legally permitted to spend money on no matter they want with out regard to the actual or potential risks.
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