Malay English

New LLP Formation

Generally, Limited Liability Partnership (LLP) is a partnership with a limited liability to each partner. The liability is restricted to the contribution made by the partners. LLP also required no audit to its account and Company Secretary.


To form a LLP, the following information are needed:

a) Name of suggested LLP;

b) Nature of suggested business of the LLP;

c) The address of registered office of the LLP;

d) Name and details of each of person who is going to be partner of the LLP;

e) Name of the person who is going to be the Compliance Officer of the LLP;

f) If the LLP is form for carrying any professional practice, the application should be sent together with the approval of the governing body as specified in the third column of the First Schedule of the LLP Act 2012; and

g) Other relevant information as may be specified by the Registrar.

 

 

 

REGISTER NEW LLP : Special Package Price RM 1,288-00

Formation Package includes the following items:

(i)

One Name Search. (Value@30-00)

(RM50-00 per addition name search)

(ii)

Registration Fee payable to Suruhanjaya Syarikat Malaysia(SSM)

(Value@RM500-00)

(iii)

Stamping Fee of Partnership Agreement – 3 Copy.

RM10-00 per addition copy. (Value@RM30-00)

(iv)

Purchase of Certificate of Register of LLP & LLP Profile from SSM to open Bank Account (Send by email to Client

(Value@RM45-00)

(v)

Preparing & submission of document for Formation of LLP including drafting of standard Partnership Agreement & other document.

(Value@RM1,000-00)

(vi)

Copy of LLP Act, Regulation, Final Scan Copy of LLP Agreement by email.

(vii)

Copy of Standard Document:

  • Standard Partnership Agreement

  • Certificate of LLP & detail document from SSM

(viii)

Client (Partner) need to be COMPLIANCE OFFICE (CO)

(ix)

Others : Printing & Stationery

Travelling Expenses-SSM, Stamping office

Telephone, Fax & Courier Charges on Formation