Free business registration now extended to all B40 entrepreneurs

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Free business registration now extended to all B40 entrepreneurs
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PETALING JAYA: Exemption for business registration fees under the Prihatin Business Registration Scheme (SPPP) has been extended to everyone in the B40 income group.

Domestic Trade and Consumer Affairs Minister Datuk Alexander Nanta Linggi said this includes entrepreneurs in the bottom-tier income bracket involved in businesses that have yet to be registered.

“The ministry is committed to easing the burden of businesses, especially B40 entrepreneurs," he said in a statement on Tuesday . "The Companies Commission of Malaysia under the ministry will further widen the benefits of the scheme to all entrepreneurs in the B40 group."SPPP registration will also enable the businesses to have access to various funds and loans introduced by the Government to assist the lower-income group during the Covid-19 pandemic.Those eligible may apply via the EzBiz Online portal at

 

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