An LLP is a hybrid business structure combining the flexibility of a partnership with the limited liability of a company. It is governed under the Limited Liability Partnerships Act 2012 in Malaysia and is ideal for small businesses, professional firms, and joint ventures.

• Malaysian citizens and permanent residents.
• Foreigners with a local resident partner and compliance officer.
• Professionals like accountants, lawyers, consultants, and SMEs.
• Startups looking for flexible ownership and profit-sharing without full corporate formalities.

• Limited liability for partners — personal assets are protected.
• Flexible internal management and profit-sharing.
• Fewer compliance and filing requirements than Sdn Bhd.
• No mandatory audit (unless required by partners).
• Perpetual succession — not affected by partner changes.
• Suitable for professionals (law firms, accounting firms, consultancies).

• Minimum 2 partners (individuals or companies).
• At least 1 compliance officer who is a Malaysian citizen or permanent resident.
• Registered business address in Malaysia.
• Payment of registration fee (currently RM500).

Yes, foreign individuals or companies can be partners, but the LLP must have at least one compliance officer who is a Malaysian citizen or permanent resident.

Typically, it takes 5–10 working days after submission of all required documents, subject to SSM approval.

• File an Annual Declaration of Solvency or Insolvency with SSM.
• Maintain proper accounting and statutory records.
• Notify SSM of any changes (partners, address, compliance officer) within 14 days.

No, LLPs are generally exempt from audit unless required by the partners under the partnership agreement.

Yes, both can be converted to an LLP with proper filings, subject to meeting legal requirements and settling liabilities.

Yes, an LLP can open corporate bank accounts. We assist in preparing the required documents, resolutions, and supporting paperwork.

Yes, LLPs can apply for licenses, but requirements vary by business type and industry. We can advise you on specific licensing needs.

An LLP can be voluntarily wound up or struck off if it is no longer operating. This involves settling liabilities, notifying partners, and filing with SSM. We offer full assistance for this process.

We offer competitive packages:

• Incorporation package: RM1,500–2,000 (including RM500 govt fee)
• Registered office & compliance officer (per year): RM700–1,000
• Annual compliance filing: RM400–700/year
• Optional services (bank account, conversion, winding-up): Quoted upon request.

• We provide end-to-end support, from name reservation to bank account opening.
• We ensure full SSM compliance with timely annual filings.
• We offer customized advisory for tax, accounting, and licensing needs.
• We are experienced in serving foreign clients and navigating local requirements.