Limited Liability Partnership (LLP) is an alternative business vehicle regulated under the Limited Liability Partnerships Act 2012 which combines the characteristics of a company and a conventional partnership. Which is Partnership with a limited liability to each partner. The liability is restricted to the contribution made by the partners.
Differences between an LLP and a company. Amongst others, the differences are:-
- No issuance of shares
- Flexibility in making decisions
- No formal requirement for Annual General Meetings
- No requirement to submit financial statements to SSM
- Accounts need not be audited.
REGISTER NEW LLP :
Formation Package includes the following items:
(i)
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One Name Search. (Value@30-00)
(RM50-00 per addition name search)
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(ii)
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Registration Fee payable to Suruhanjaya Syarikat Malaysia(SSM)
(Value@RM500-00)
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(iii)
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Stamping Fee of Partnership Agreement – 3 Copy.
RM10-00 per addition copy. (Value@RM30-00)
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(iv)
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Purchase of Certificate of Register of LLP & LLP Profile from SSM to open Bank Account (Send by email to Client
(Value@RM45-00)
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(v)
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Preparing & submission of document for Formation of LLP including drafting of standard Partnership Agreement & other document.
(Value@RM1,000-00)
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(vi)
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Copy of LLP Act, Regulation, Final Scan Copy of LLP Agreement by email.
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(vii)
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Copy of Standard Document:
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(viii)
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Client (Partner) need to be COMPLIANCE OFFICE (CO)
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(ix)
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Others : Printing & Stationery
Travelling Expenses-SSM, Stamping office
Telephone, Fax & Courier Charges on Formation
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Contact us now at 012-664 0017 or Email: keatmgmt@gmail.com
New Sdn Bhd Registration under Companies Act 2016: Single Person Company ~ Click Here !!!
