Under What Conditions Should Switch to Sdn Bhd？
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Well-maintained financial records
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Having complete accounts that can be audited facilitates the conversion to Sdn Bhd.
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Personal income tax considerations
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High personal income tax → Converting to Sdn Bhd can save tax;
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Low personal income tax → Converting may increase the tax burden.
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Need for financing or listing
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If raise fund is planned → converting to Sdn Bhd is more appropriate.
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