Setup Your Partnership Business In Malaysia
Setup Your Partnership Business In Malaysia
LIMITED LIABILITY PARTNERSHIP (LLP/PLT)
LIMITED LIABILITY PARTNERSHIP (LLP/PLT)
Planning To Start A Partnership Business?
What Is Limited Liability Partnership (LLP)?
Limited Liability Partnership (LLP) is an alternative business structure regulated by the 2012 Limited Liability Partnership Law, which combines the characteristics of a company and a traditional partnership.
A Limited Liability Partnership (LLP) provide with the protection of limited liability to its partners. It is the most common structure formed by professionals such as Lawyers, Chartered Accountants and Company Secretaries for the purpose of carrying on their professional practice. It is suitable for startups and small and medium enterprises (SMEs) to grow their businesses.
Our Plan
Our Plan
LLP
RM1000+
- Ready Within 7 Working Days
- Unlimited Name Search
- Legal fee to SSM
- Excluding Disbursement & SST
- Open Bank Account Resolution
- 5 Sets Certified True Copy
What Are the Information Required To Register A LLP/PLT?
- Proposed Company Name with its Meaning
- Minimum 2 Partners
- Partner's NRIC Copy (Passport Copy for Foreigner)
- Partner's Malaysia Residential Address
- Partner's Business Occupation, Email and Contact Number, and Race
- Registered Office Address & Business Address (If Different from Registered Address)
- Percentage of Shareholding of Each Partners
- Paid-Up Capital Information
- Proposed 3 Nature of Businesses (Principal Business Activities)
- Letter of Approval from Professional Body (If Any)
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.
Flexibility
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.
Corporate Ownership
Limited Liabilities Partnerships can appoint two companies as members of the LLP.
Body Corporate
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.
Setup Limited Liabilities Partnership Now
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