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New Limited Liability Partnership (LLP)

In Malaysia

An LLP is a perfect option for professionals who prioritize the safety and protection of their business while avoiding the legal and financial complexities of incorporating a company. We offers hassle-free company incorporation and registration services for foreign individuals and business owners looking to establish a limited liability partnership (LLP) in Malaysia. Our simplified registration process lets you set up your new LLP in just a few clicks. Our expert team ensures your new business fully complies with Malaysian regulations within 3-5 business days. Trust us for all your company incorporation needs in Malaysia.

 

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How to Register and Set Up an LLP in Malaysia

To set up an LLP in Malaysia, you will need to comply with the regulations set by the Companies Commission of Malaysia (SSM). This includes registering the partnership with the SSM, submitting the necessary documents, obtaining the necessary licenses and permits, and meeting other legal requirements. One of the advantages of an LLP is that partners can take an active role in the management of the business, while still being protected from the liabilities of the company. The tax structure for an LLP is also simpler than that of a private limited company, as the partnership is not subject to corporate tax. To establish an LLP in Malaysia, you’ll need to comply with the Companies Commission of Malaysia (SSM) regulations and file the necessary paperwork. For more information on this, you can check out MISHU’s informative article.

Requirements to Register an LLP

Do you have what it takes? Here’s a quick checklist of the minimum requirements

Two Partners
May be individuals or bodies corporate, with no restriction on maximum number of partners.

LLP Agreement
An LLP must have an LLP Agreement to govern the relationship between partners. MISHU can provide a standard LLP Agreement.

Two Compliance Officers
The primary Compliance Officer must be at least 18 years old, reside in Malaysia, and be qualified to act as a Company Secretary under the Companies Act 2016. In addition, one of the partners must also be registered as the secondary Compliance Officer.

Lawful Purpose

For any business for the purpose of making a profit.