What is LLP or Limited Liability Partnership
LLP is a NEW alternative business vehicle launched by SSM in 2013 under Limited Liability Partnership Act, 2012. It offers the following advantages over other business vehicles:-
a) Partner having Limited Liability, similar to the limited liability enjoyed by shareholders of a Company (Sdn Bhd).
b) Less statutory compliance (Simplified your Business) – Not necessary to have audited accounts & appoint qualified Company Secretary, This leads to cheaper cost.
c) Opportunities for tax planning.
d) Perpetual legal existence (Continue Legal Entity).
Register with us with only RM 1,288-00 with a Partnership Agreement.
Simplified your Business
Call or email us for more information on Conversion from your Partnership or Sdn Bhd to Limited Liability Partnership
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