Limited Liability Partnership (LLP / PLT)
Register Your Limited Liability Partnership (LLP)
Fast, Cost-Effective & 100% Online
Tailored for Malaysian citizens and Permanent Residents (PR). Upgrade from an Enterprise/Partnership or launch a scalable new business venture backed by limited liability protection, lower SME corporate tax brackets (from 15%), direct 1-to-1 Company Secretary coaching, and nationwide support across West and East Malaysia.
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Top-Rated Corporate Services Group in Malaysia (4.9/5.0 Stars with 119+ Verified Google Reviews)
100% Transparent, all-inclusive package pricing with zero hidden charges. Clear advice on profit sharing, Compliance Officer setup, and tax savings.
24-Hour Same-Day Reply Guarantee & Complete Done-For-You Registration with seamless digital document signing as fast as 24 hours to 5 days.
The Simpler, Lower-Cost Choice
Why Choose an LLP Compared to a Sdn Bhd?
While both give you limited liability protection and corporate tax rates, an LLP is much cheaper and simpler to maintain:
Total Exemption from Statutory Audits
A Sdn Bhd must monitor statutory revenue, asset, and employee thresholds to qualify for unaudited accounts. In contrast, an LLP has zero statutory audit requirements by law by default, regardless of how much revenue you make, saving you thousands every year in accounting and audit fees.
No Mandatory Licensed Company Secretary Retainer
A Sdn Bhd must hire a licensed Company Secretary and pay monthly retainer fees. An LLP can appoint one of its own partners as the Compliance Officer, completely eliminating monthly secretary costs.
Flexible Profit Distribution
With a Sdn Bhd, taking money out requires formal dividend paperwork and solvency checks. In an LLP, partners can distribute profits or withdraw capital anytime based on your partnership agreement.
Full Personal Asset Protection
Just like a Sdn Bhd, your personal house, car, and personal bank savings are protected. If the business owes money or faces a lawsuit, partners are not personally liable beyond their agreed investment.
Lower Corporate Tax Rates
LLPs enjoy the exact same SME corporate tax brackets (from 15% onwards) as a Sdn Bhd. Distributed profits to partners are completely tax-free.
The Zepheus Advantage
Why Choose Zepheus for Your LLP Setup?
1
Direct 1-to-1 Advisory & Partnership Structuring
Direct coaching with our licensed professionals to draft tailored LLP Partnership Agreements covering profit-sharing ratios, partner disputes, capital calls, and dissolution clauses.
2
Licensed Compliance Officer Option
You can appoint one of your local partners as Compliance Officer, or hire Zepheus to act as your Compliance Officer to ensure all annual filings are lodged on time without fuss.
3
Sole SME Firm with True Dual-Region Presence
The only SME corporate advisory firm with direct ground operations across both Peninsular (West) Malaysia and Sabah & Sarawak (East Malaysia), supporting cross-state partnerships.
4
Fast-Track Digital Onboarding (24 Hours to 5 Days)
Complete LLP registration remotely as fast as 24 hours to 5 working days once partner SSM4U verifications are validated.
5
Extensive Value-Added Business Network
Connect directly to our banking network for commercial account setups, property agents for commercial leases, and council licensing partners for premise compliance.
6
Transparent Pricing & 24-Hour Guarantee
4.9-Star Google Rating across 119+ verified reviews. Clear itemized fees covering SSM name search, registration, and registered office facilities with zero hidden costs.
What You Need to Start
Partner SSM4U Pre-Requisite
Partners: At least 2 partners (can be individuals or companies)
Validated SSM4U Accounts: All partners must have an active, verified SSM4U account.
Compliance Officer: At least 1 partner or secretary who is a Malaysian Citizen or PR living in Malaysia.
Registered Address: An official address in Malaysia for government letters.
Partnership Agreement: A written agreement deciding profit splits, capital, and partner responsibilities.
Important Mandatory Step: Before we can register your LLP, every partner and the Compliance Officer must have a verified SSM4U account (www.ssm4u.com.my). You can verify your identity quickly using your MyKad fingerprint at any SSM Tap.it Kiosk (find locations at www.tapitnetworks.com/location-ssm) or at the nearest SSM counter.
Step-by-Step LLP Setup Process
Step 1
Partner SSM4U & Tap.it Kiosk Verification
Each partner signs up on the SSM4U portal and does a quick thumbprint scan at a Tap.it Kiosk or SSM branch.
Step 2
Name Search & Booking
We check and reserve your business name on the SSM portal.
Step 3
Partnership Agreement & Officer Appointment
We prepare your partnership terms, capital contributions, and Compliance Officer appointment.
Step 4
Online Registration & Official Certificate
We submit the application on the SSM portal and receive your official registration certificate (24 hours to 5 days).
Step 5
Open Business Bank Account
We prepare the partner resolution papers and coordinate your appointment with partner banks.
Step 6
Income Tax & Staff Accounts
We register your LLP tax file with LHDN and set up EPF, SOCSO, and EIS accounts if you hire staff.
Frequently Asked Questions
Clear answers to common questions about incorporating and running your Malaysian business digitally with Zepheus.
Does an LLP really not need an annual audit?
Yes, 100%. By law, an LLP does not need to submit audited accounts every year, no matter how much revenue you make. In a Sdn Bhd, you must check revenue and asset thresholds every year to see if you can lodge unaudited accounts, but for an LLP, there is no audit required by default.
What is an SSM4U account, and where do I verify it?
SSM4U is SSM's online portal (www.ssm4u.com.my). Every partner must have an account so SSM knows who the owners are. You create an account online, then do a 1-minute thumbprint verification with your MyKad at any SSM Tap.it Kiosk (locations: www.tapitnetworks.com/location-ssm) or any SSM counter.
What happens if our business owes money or gets sued?
Your personal assets (your house, personal car, and personal bank savings) are protected. The LLP is its own legal entity, so creditors can only go after the assets belonging to the LLP itself, not your personal property.
How many partners do I need to start, and can foreigners join?
You need at least 2 partners (individuals or companies) with no maximum limit. Foreigners can also be partners, as long as the appointed Compliance Officer is a Malaysian citizen or Permanent Resident living in Malaysia.
How is an LLP taxed?
An LLP pays company tax rates (starting from 15% for SMEs) instead of high personal income tax rates. When the LLP pays profits to the partners, that income is completely tax-free for the partners.
Who can be a Compliance Officer, and what do they actually have to do?
Under the law, a Compliance Officer must be an adult Malaysian citizen or Permanent Resident who ordinarily resides in Malaysia. They must be either one of the partners or a licensed Company Secretary. Their role is to handle official administrative duties: lodging the Annual Declaration with SSM, updating changes in partner details or registered address, maintaining internal registers of partners and beneficial owners, and ensuring SSM notices are properly received and addressed.
What are the legal risks and penalties of being a Compliance Officer?
The Compliance Officer is personally held legally responsible under the LLP Act 2012 for the LLP's statutory filings. If the LLP fails to lodge its Annual Declaration on time, fails to maintain proper accounting records for 7 years, or fails to report beneficial ownership, SSM can issue compound fines directly against the Compliance Officer personally. If you prefer to avoid this personal liability and paperwork headache, you can appoint Zepheus's licensed professional team to act as your Compliance Officer.
How fast can our LLP be registered?
Once all partners have verified their SSM4U accounts at a kiosk and signed the documents, registration on SSM is usually approved in 24 hours to 5 working days.
Can I convert my existing partnership or Enterprise into an LLP?
Yes. SSM has an easy process to convert your existing conventional partnership or enterprise directly into an LLP while keeping your business running.
DISCLAIMER: Information outlined above is for general reference under the Companies Act 2016 and Income Tax Act 1967. Statutory procedures and tax brackets are subject to official authority amendments. Final registrations and bank approvals remain under sole authority discretion.
Flexible Business Structure
Protect Your Personal Assets with an LLP Structure.
Combine limited liability protection with partnership flexibility. We handle statutory registration, custom partnership agreements, and compliance officer appointments seamlessly.
Call to Register an LLP
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