This post is a part of a series based on my Law for Startups workshop at MaGIC in September 2015. It’s a basic introduction to legalities for startup founders. You can access the slides here.
Read the earlier posts for context:
- Law for startups in Malaysia — building on the best foundations.
- The legal landscape in Malaysia for startups — a hybrid of traditional corporate practices and Silicon Valley models.
- Choosing the right business vehicle for your startup or small business in Malaysia.
As with any business venture, startups need to get good professional advice from experts. Typically these advisors will cover legal, financial, and tax advice.
Lawyers have a bad reputation
Most people would prefer if they could avoid dealing with lawyers. When there’s a negotiation or discussion and people say get the lawyers involved, suddenly everyone gets a bit more serious and defensive.