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Apr 2, 2024 · Limited Liability Partnership (LLP) in Malaysia is a unique business structure, offering an amalgamation of features from a Private Company and a conventional partnership firm. This concept is particularly advantageous for startups, small and medium enterprises (SMEs), as well as professionals like lawyers and accountants.
Once successful login, click on the tab “Check LLP Name Availability”. Enter the name and click Search. The system will then check if there are any similar names or whether the name contains words or characters that are not allowed or words that require Ministerial Approval. However, the final result will be determined by the SSM on ...
This page provides a list of the questions most frequently asked by our customers in relation to the Set Up of Limited Liability Partnership (LLP) in Malaysia. Should you cannot find an answer to your question here, please call us or email us today at info@3ecpa.com.my and get your answer within 24 hours.
About LLP. Limited liability partnership (LLP) is a new type of business vehicle introduced by the Companies Commission of Malaysia (CCM). It is combines the features available on the Sdn Bhd company and conventional partnerships. LLP company starting from its incorporation to its closure is regulated by the LLP Act 2012.
Registration of LLP is made by the compliance officer appointed by LLP: One of his partners or a person qualified to act as secretary under the Companies Act 1965; At least 18 years old and Malaysian citizen/permanent resident; and. Usually living in Malaysia. Registration fee. Fee for registration of LLP is RM500.00.
1. INTRODUCTION TO LIMITED LIABILITY PARTNERSHIP (LLP) 1.1 About LLP LLP is an alternative business vehicle to carry out business which combines the characteristics of a private company and a conventional partnership. LLP provides limited liability status to its partners and offers the flexibility of internal arrangement through an
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LLP is an alternative business vehicle offering a hybrid of characteristics between a conventional partnership and a company. The MyLLP system can be accessed via SSM4U Portal or www.ssm4u.com.my. The services offered under the MyLLP system include: User Registration. Name Reservation Application.
