Are you thinking of setting up a business in Malaysia but want to ensure personal asset protection for you and your partners? Look no further than the Limited Liability Partnership (LLP) structure! LLPs combine the flexibility of a partnership with the limited liability of a private company. The process of registering an LLP with the Companies Commission of Malaysia (SSM) involves several steps, including name reservation, drafting of partnership agreement, and submission of registration documents. At the end of the process, you’ll have a separate legal entity for ownership and management, while enjoying personal asset protection. Contact us today to learn more about LLP registration with SSM!
Dynamic Corporate will search for and reserve a suitable business name for the partnership. This is done through the SSM online portal or at any SSM counter.
Dynamic Corporate will prepare the partnership agreement, which outlines the roles, responsibilities, and profit-sharing arrangements of the partners. This agreement must be signed by all partners.
Dynamic Corporate will submit the partnership agreement and other required documents to SSM. These documents include Form A (Registration of Business), identification documents of all partners, and proof of business address.
Dynamic Corporate will make a payment for the registration fees through the SSM online portal or at any SSM counter.