Business Lawyer In Malaysia

As a business owner, you need to ensure that your business objectives are achieved. Part of this process is to ensure that you are compliant to the relevant laws and that you minimise your business legal risks. This means you need a legal advisor known as a business lawyer to be with you every step of the way.

These are the reasons why you need a business lawyer

1. Unexpected legal actions taken against your business can cost delay and delay costs money which may in turn hurt your bottom line.

2. Avoiding your business from being fine by authorities.

3. Limiting the amount of damages that you may need to pay to party that sues you.

4. Managing and ensuring the expectation between your business partner are clear.

5. Ensuring that your business does not conduct any a criminal offence could land you in jail.

6. Protect your business interest whenever another party did not keep their part of the bargain such as paying due invoices

7. Deterring or stopping parties from infringing your intellectual property.

8. Renegotiate terms in an agreement due to unforeseen circumstances that may have affected your business fulfilling its obligation.

What are the legal service that a business lawyer can do for your business

Whether advising, preparing documents, negotiating or fighting for you in court, a business legal advisor is a crucial component for any business in Malaysia to ensure the smooth running of your business.

As a business lawyer in Malaysia there are three main services that a business lawyer can assist you which are;

(1) Corporate governance and corporate transactions service:-

Legal compliance advisory accordance to the corporate law relevant to your business setup including the necessary documentation transactions preparation. This can be in compliance to the Companies Act 2016, Partnership Act 1961 , Limited Liability Partnership Act 2012, Registration of Businesses Act 1956, Co-operative Societies Act 1993 and others applicable laws.

(2) Commercial transactions;-

A business lawyer can prepare transactional documents for your business transaction where the terms of agreement between parties are agreed and concluded in a legal valid agreement form and in compliance with the market that your business are operating in.

(3) Corporate and commercial litigation action:-

A business lawyer can assist in representing businesses in the court of law whether to obtain a court judgment for your interest or defending your business from legal claims instituted in court.

Preparation of relevant business documents and agreements by business lawyers

Not only that it is crucial that the right documents are prepared, the correct procedures and registration of applicable documents must be done accordingly too. However this is pretty much as accordance to the lifecycle stage of the business.

Here are among the agreements that are usually used by a business and prepared by a business lawyer;

Agreement to setting up a business entity

• Incorporation documentation

• License

• Shareholders agreement

• Partnership agreement

• Personal data compliance

• Consultant agreement

Agreement to raising capital and cash

• Loan and financing agreement

• Investment

• Shareholders capital

• Shareholders loan

Agreement to setting up office and operation centre

• Tenancy

• Sale and purchase

• Construction agreement

Agreement to setting up production centre

• Purchase machinery

• Lease machinery & equipment

• Warehouse tenancy

• Construction agreement

• Indemnity agreement

• Packaging & branding agreement

• Production agreement

• Off-take agreement

Agreement to hiring employees

• Employment contract

• Director’s contract

• Service agreement

• Non disclosure agreement

• Data Processing Agreement

• Employee handbook

Agreement to developing product and service

• Trademark registration

• Patent registration

• Memorandum of agreement

• Consultant agreement

Agreement to partnering with suppliers

• Supply agreement / Bill of sale

• Service agreement

• Master service agreement

• Service level agreement

• Independent contractor agreement

• Freelance agreement

• Licensing agreement

Agreement to getting into a strategic business arrangement

• Joint venture agreement

• Memorandum of agreement

Agreement to manage marketing efforts with third party service providers

• Affiliate agreement

• Agent agreement

• Marketing agreement

• Digital marketing agreement

• Influencer agreement

• Memorandum of agreement

• Website Terms and Service

Agreement to sell products and services

• Distribution agreement

• License agreement

• Sales agreement

• Service agreement

• Off-take agreement

• Fee quote

• Letter of intent

• Warranty

• Guarantee

• Order form

• Request for proposal

• Personal Data Notice

Agreement for business expansion arrangement and growth

• Merger

• Acquisition

• Licensing agreement

• Franchise agreement

• Joint venture

Exiting a business

• Share sale agreement

• Asset sale and purchase agreement

• Novation agreement

You can read on how to hire a solicitor here.