YOUR BETTER ALTERNATIVE TO AN INCORPORATED COMPANY IN MALAYSIA

LLP is an alternative business vehicle

Limited Liability Partnership ("LLP") 

LLP is an alternative business vehicle

LLP is an alternative business vehicle regulated under the LLP Act 2012 which combines the characteristics of a company and a conventional partnership. This makes it a great option for professionals, startups and SMEs (particularly, JVs, VCs) who are looking to gain limited liability status whilst accommodating different partners for management flexibility.

Here’s what you need to incorporate a LLP.

We’ll take care of it all.

Everything that is required from you to get started.

Your eligibility as a LLP Partner

Documents needed

Top company secretary in Malaysia
Top company secretary in Malaysia
Top company secretary in Malaysia
Top company secretary in Malaysia

At least 2 partners resides in Malaysia

Residential address

Age of 18 and above
Not bankrupt

Incorporation of Company
Incorporation of company

Photocopy of IC
Consent letter (if your proposed LLP name is similar to related or associated corporation/ is a trademark / has controlled words)

Limited Liability Partnership

However, you shall appoint at least one Compliance Officer chosen amongst the partners, who is a citizen / permanent resident of Malaysia, an undischarged bankrupt, not disqualified to act as director under the Companies Act 2016 and ordinarily resides in Malaysia, before you can set-up LLP.

Here are the plans for you to start...!

Reasonable. Affordable. Sustainable.

 

RM950

Included RM500 (SSM Registration Fees)

Included:

  • Name application (1 time) & registration fee

  • Preparing 2 sets of certificate of registration and Form LLP Registration

  • Professional advice on statutory / compliance / accounting / tax matters

  • Prepare resolution to open first LLP’s bank account 

  • Prepare minutes of first Partners’ meeting

LLP registration

Additional things you may need

One-off services upon your request.

LLP Agreement

RM 1,010

per agreement

LLP Agreement

Advisable to have a Partnership Agreement. If not, LLP Act 2012 will apply.

Annual retainer fee

RM 540

per year

Annual Retainer Fee

General advisory on LLP, annual declaration filing & preparation and disclosure of beneficial owners’ interest

Bank opening account assistance

RM 0

Free service

Bank Account opening assistance

Requires your presence at the bank / our office

Company chop

RM 150

per rubber stamp

Company Rubber Stamp

Self-inking company rubber stamp delivered to your doorstep

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Company secretary, setting up a compay, company registration in Malaysia

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Company secretary, setting up a compay, company registration in Malaysia

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Ready start LLP in Malaysia

Ready to Start Your LLP in Malaysia?

Incorporation of company
Company secretary, setting up a compay, company registration in Malaysia
Company secretary, setting up a compay, company registration in Malaysia

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Communicate with one of our incorporation agents and get the answers straight away

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Company secretary, setting up a compay, company registration in Malaysia

FAQ:

For Limited Liability Partnership