Setup Your Partnership Business In Malaysia
LIMITED LIABILITY PARTNERSHIP (LLP/PLT)
Planning To Start A Partnership Business?
What Is Limited Liability Partnership (LLP)?
What Are the Information Required To Register A LLP/PLT?
Why Incorporate Limited Liability Partnership (LLP)?
Separate Legal Entity
Limited Liabilities Partnerships are a separate legal entity to protects the member’s personal assets from the liabilities of the business.
Limited Liabilities Partnerships are the greater flexibility in the management of the business. The operation of the partnership and profit sharing is determined by written partnership agreement between the members.
Limited Liabilities Partnerships can appoint two companies as members of the LLP.
Limited Liabilities Partnership is a body corporate. It can buy, rent, lease, own property, employ staff, enter a contract, and be held accountable if necessary.