To protect smaller businesses, Malaysia’s law permits only citizens and permanent residents to register sole proprietorships or partnerships
To protect small and medium-sized enterprises from foreign competition in Malaysia, only citizens and permanent residents were allowed to register sole proprietorships or partnerships, Domestic Trade and Cost of Living Deputy Minister Fuziah Salleh told parliament on Wednesday.
“However, there are foreigners who take advantage by registering businesses under the names of their local spouses,” she said, as quoted by the Malay Mail newspaper.
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