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).