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ARTICLES BUSINESS BOSS UP
BY MOHAMED FAZLUDDIN MOHD H

When Should You Transition from a Sole Proprietorship or Partnership to a Private Limited Company?
Many small business owners begin their entrepreneurial journey as sole proprietors or partnerships due to the simplicity and cost-effectiveness of these structures. However, as a business grows, transitioning to a Private Limited (Pte Ltd) company can offer significant advantages. This article explores the key indicators for making this transition, the benefits and drawbacks, and provides guidance on how to migrate smoothly.