Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question After 30 years of working at Shine plc in UK, Mr Cham come back to Malaysia and wishes to incorporate his own company, specializing

image text in transcribed Question After 30 years of working at Shine plc in UK, Mr Cham come back to Malaysia and wishes to incorporate his own company, specializing in the production of hover blade. He seeks your advice to explain to him about the characteristics of incorporating and forming companies in Malaysia. He also wants to know the possible types of business available in Malaysia and as to the capacity of incorporating it. After listening to your advice, Mr Cham express his concern to you, whereby he wishes to only have 18 members in his company. He wants to minimize the risks and intends to obtain loan to under his directorship but for the company purpose. Briefly explain to Mr Cham can incorporating and its advantages. After conducting business for 5 years Mr Cham is planning to venture his business to other countries like Thailand and Indonesia. Can he do so and please advise him accordingly. Assignment Guidelines: - INTRODUCTION - SOLE TRADER - ALL THE PRINCIPLE - PARTNERSHIP - LAW AND PRINCIPLES - ON THE FACTS, CAN IT APPLY TO THE QUESTION? - COMPANY \& CAPACITY OF A COMPANY - ON THE FACTS, CAN IT APPLY TO THE QUESTION? - EXEMPT PRIVATE COMPANY - ON THE FACT, CAN IT APPLY TO THE QUESTION? -CONVERSION OF PRIVATE COMPANY TO PUBLIC COMPANY - ON THE FACT, CAN IT APPLY TO THE QUESTION? - CONCLUSION

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Auditing

Authors: Michael C. Knapp

10th edition

978-1285066608, 128506660X, 978-1305445161, 1305445163, 978-1305970816

More Books

Students also viewed these Accounting questions

Question

=+Show photos of consumers?

Answered: 1 week ago

Question

=+Exhibit children's artwork?

Answered: 1 week ago

Question

=+What kind of product or service would work in these locations?

Answered: 1 week ago