Start A LLP In Malaysia

What is Limited Liability Partnership (LLP)?

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.

Who is it for?

The LLP business structure is designed for all lawful business purposes to make a profit. LLP may also be formed by professionals such as Lawyers, Chartered Accountants, and Company Secretaries to carry on their professional practice. The LLP concept will also support start-ups, small and medium enterprises (SMEs) to grow their businesses without worrying too much about their liabilities, personal assets, and strict compliance requirements.