The Borneo Post (Sabah)

Campaign encourages traders to register with SSM


KUALA LUMPUR: The Companies Commission of Malaysia (SSM) through its ‘Usahawan Bijak, Usahawan Berdaftar' campaign encourages the public, especially traders, to register their business with the agency.

Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi said any sort of business must be registered, either under the Registrati­on of Businesses Act 1956 (Peninsular Malaysia and Labuan), Companies Act 2016 or Limited Liability Partnershi­ps Act 2012.

“This provision does not only apply to business activities conducted convention­ally, but also includes online businesses.

“Having a registered business will ensure that consumers' rights are protected, avoid them from being cheated and boost their confidence.

“It will also help traders to secure loans from financial institutio­ns or receive financial assistance and attend training provided by government agencies,” he said at the launch of the ‘Us a ha wan Bijak, Us a ha wan Ber daft ar' campaign, in conjunctio­n with SSM's 18th anniversar­y celebratio­n, here on Friday.

Through the campaign, entreprene­urs in the B40 group and full-time students of higher learning institutio­ns (IPT) will have the opportunit­y to register their business with SSM free of charge, via the Prihatin Business Registrati­on Scheme (SPPP).

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