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MyLLP system is an online application provided by SSM for the registration of Limited Liability Partnership (LLP), which is regulated under the Limited Liability Partnerships Act 2012. LLP is an alternative business vehicle offering a hybrid of characteristics between a conventional partnership and a company.
A. Mengenai Sistem MyLLP. Sistem MyLLP adalah aplikasi atas talian yang disediakan oleh SSM untuk pendaftaran bagi Perkongsian Liabiliti Terhad (PLT), di mana ia dikawalselia dibawah Akta Perkongsian Liabiliti Terhad 2012.
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.
1) What is Limited Liability Partnership? 2) What are the requirements to form a Limited Liability Partnership in Malaysia? 3) What are the information needed to register a Limited Liability Partnership in Malaysia? 4) How long will it take to incorporate a Limited Liability Partnership in Malaysia?
Apr 2, 2024 · An LLP in Malaysia is an alternative business vehicle that is regulated under the Limited Liability Partnerships Act 2012. It combines the characteristics of a Company and a Conventional Partnership firm, offering limited liability status to its partners.
Limited Liability Partnership (LLP) Salient Features. LLP is a body corporate and has legal personality separate from its partners (separate legal entity). LLP has perpetual succession. Any change in the partners of a LLP shall not affect the existence, rights or liabilities of the LLP.
Mar 2, 2020 · Limited Liability Partnership (LLP) is a business structure which is governed under the Limited Liability Partnerships or LLP Act 2012 in Malaysia. This type of company has both the characteristics of a limited liability company and a traditional partnership business.
May 8, 2024 · What are compliance requirements of LLPs? 10. What happens after incorporating an LLP? Let MISHU help register your LLP. 1. Should I choose an LLP or Sdn Bhd? Considering 4,000 new Sdn Bhds are incorporated every month compared to just 300 LLPs, the former is the more versatile business entity.
LLP provides limitedliability status to its partners and offers the flexibility ofinternal rules through agreements between partners. Salient Features of LLP. The LLP is a body corporate and has the legalpersonality separate from the partners (separate legalentity).
LLP is an alternative form of business entity that combines protection of limited liabilities to its members whilst offering a degree of flexibility in a partnership arrangement for the internal management of the business.
