The sole trader receives all profits subject to taxation. A late payment interest rate of 6 per year is imposed for each day such contribution is not paid on time.
New employer and employee must be registered with SOCSO within 30 days upon hiring a new employee.

. Similar to EPF SOCSO contribution will be deducted from both employees and employers funds and will be paid every 15th of each month. A sole proprietorship also known as a sole tradership individual entrepreneurship or proprietorship is a type of enterprise owned and run by one person and in which there is no legal distinction between the owner and the business entityA sole trader does not necessarily work alone and may employ other people. Sila lakukan pembayaran caruman segera menerusi Portal ASSIST Tempoh masa 7 hari dari tarikh penerimaan e-mel.
PERKESO tidak akan berkrompomi dalam soal perlindungan sosial kerana keselamatan pekerja merupakan keutamaan kami. For registration purpose an employer is required to complete the Employers Registration Form Form 1 and Employees Registration Form Form 2 alongside other online documents in the ASSIST Portal.
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