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Parcel Service Company Essay

1104 Words5 Pages

Starting up a parcel service company is an exciting time but without the right legal advice it can also be a legal minefield. We might need expert legal help at some times in our lives. Therefore, we are urged to equip ourselves with a proper legal foundation because it can protect our business from risk and help save money as the saying goes “prevention is better than cure.” We will operate our parcel service company as General Partnership. General Partnership is a form of business organization where two or more people pool their skills, abilities and resources to run a business for profit. Each of us is equally liable for all the partnership’s debts and obligations as well as the actions of other partners. We will absolutely comply with Postal Services Act 2012 in our entire business. Meanwhile, under the Registration of Businesses Act 1956 (ROBA 1956) & ROBA Rules 1957, we need to register for our business through Companies Commission of Malaysia , also known as Suruhanjaya Syarikat Malaysia (SSM) within 30 days from the date we start to operate our business. We can make our registration at any SSM counter or do it online through Ezbiz Online services at ezbiz.ssm.com.my. Since we choose to use a trade name as our business name, we …show more content…

Therefore, we will register our partnerships name at Intellectual Property Corporation of Malaysia (MyIPO) to prevent any infringement under the Trade Mark Act. So, we need to fill in the TM5 Application form (Refer to Appendix 11). A total of five copies of completed TM5 form and a fee of RM330 is paid for E-filing or RM370 for manually. Before apply, we are advised to check whether our partnerships name has been registered by any party or not at Public Search Room, MyIPO where a fee of RM20 will be charged per hour during

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