The Companies Act 2016 (CA 2016) provides a new dimension in carrying on business using the vehicle of a private limited company (Sdn Bhd). As a completely newly written legislation, the Act permits the incorporation of a Sdn Bhd with only a single director which is known as a Single Person Company (SPC).
Giving due consideration to business concerns, the CA 2016 provides great flexibility in doing business using a Sdn Bhd of SPC, making it cost effective and pragmatic in operation besides enhancing accountability and protection
to shareholders and creditors.
This book discusses thoroughly the conceptual framework and practical application of the SPC, making it easy and fast to understand and able to be put into practical operation immediately.