LLP Registration
In Malaysia

An LLP is a perfect option for professionals who prioritize the safety and protection of their business while avoiding the legal and financial complexities of incorporating a company. MISHU offers hassle-free company incorporation and registration services for foreign individuals and business owners looking to establish a limited liability partnership (LLP) in Malaysia. Our simplified registration process lets you set up your new LLP in just a few clicks. Our expert team ensures your new business fully complies with Malaysian regulations within 5-7 business days. Trust MISHU for all your company incorporation needs in Malaysia.

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Our Limited Liability Partnership (LLP) Services

Mishu offers comprehensive services to support every stage of managing your Limited Liability Partnership (LLP).

Starting an LLP

Set up your LLP with Mishu. We handle the entire process, from advising on structure to registration with LLP SSM.

Conversion to LLP

Convert your existing business to an LLP smoothly with Mishu’s support, including all paperwork and regulatory compliance with the LLP in SSM.

Updating LLP Details

Manage changes in your LLP’s particulars with Mishu. We ensure all updates are accurately filed with the LLP in SSM.

Annual Declaration

Keep compliant with the LLP in SSM by letting Mishu handle your annual declaration and report submissions.

Dissolution of LLP

Simplify the dissolution of your LLP with Mishu. We take care of all steps, including notifying the LLP SSM and closing out your LLP.

How to Register and Set Up an LLP in Malaysia

To set up an LLP in Malaysia, you must comply with the regulations of the Companies Commission of Malaysia. This includes registering the LLP with SSM (Suruhanjaya Syarikat Malaysia), submitting the necessary documents, obtaining the necessary licenses and permits, and meeting other legal requirements.

One of the advantages of an LLP is that partners can take an active role in managing the business while still being protected from the company’s liabilities. Audit is also not mandatory for an LLP.

For more detailed information on how to set up a Limited Liability Partnership (LLP) in Malaysia, you can check out MISHU’s article here.

You can also read about opening a Sdn Bhd and company incorporation in Malaysia to decide on the best company structure that meets your business objectives.

Requirements to Register an LLP

Do you have what it takes? Here’s a quick checklist of the minimum requirements

Two Partners

May be individuals or bodies corporate, with no restriction on maximum number of partners.

One Compliance Officer

The Compliance Officer must be at least 18 years old and reside in Malaysia. One of the partners can act as the Compliance Officer.

Lawful Purpose

For any business for the purpose of making a profit.

LLP Agreement

An LLP must have an LLP Agreement to govern the relationship between partners. MISHU can provide a standard LLP Agreement.

No Hidden Fees With Us

Here’s what you pay and everything we promise to do:

Our Incorporation Services Include The Following:

Verify availability of proposed LLP name
Prepare and file all registration forms with SSM
Check in with you via email, WhatsApp or phone call for any clarification
Prepare appointment of Compliance Officers (one of the partners)
Prepare a resolution to open a bank account
Prepare one set of certified copy of registration forms
Obtain Certificate of Registration
Provision of registered address
Draft standard LLP agreement
Deliver first set of registration documents to a Malaysian address

RM1,888

(inclusive of RM500 SSM registration fees)

3 EASY STEPS

To register your company:

Choose a Company Name

Select Your Services

Fill up the Form

We'll take care of the rest!

Beyond Incorporation

MISHU journeys with you every step of the way

Plus, some freebies you’ll only get with us!

Company bank account setup

Exclusive offer from selected banks

Company mobile line account setup

30 legal templates worth RM5,000

Visa prepaid corporate card for business expenses

3 hour employee performance reward system webinar

Delivery of 1st set of documents to Malaysian address

Weekly newsletters on business knowledge

30 min new business advisory

30 min consultation with tax specialist

30 min consultation with HR consultant

30 min consultation with grant specialist

30 min consultation with business license specialist

30 min consultation with corporate lawyer

30 min consultation on group insurance

30 min consultation with accountant

We've helped many entrepreneurs start their LLP

Here’s what they have to say:

Pre-registration Checklist for LLP

Everything you need in order to setup your new LLP in Malaysia

Frequently Asked Questions

Do you intend to register a Limited Liability Partnership (LLP) in Malaysia? It’s normal to have questions about the process. Review our frequently asked questions (FAQs) for LLP registration to find answers to common queries and know more about the benefits of setting up an LLP in Malaysia.

What type of organisations can consider LLP as their suitable business entity?

*Startups/new enterprises
*Professionals (solopreneurs, accountants, company secretaries)
*Joint venture entities
*Venture capital entities

What are the main differences between an LLP and a Company (Sdn Bhd)?

*Instead of shares, ownership of each partner in an LLP is represented by an allocation of partnership units corresponding to their capital contribution. *There is no requirement to submit audited financial statements to SSM – though it is still important to maintain records.
*Instead of directors and shareholders; there are Compliance Officers and partners. Learn more about the benefits of an LLP here.

Who can be a partner of an LLP?

Any individual or body corporate (whether in or outside Malaysia) may be registered as a partner, with no limit to the maximum number of partners.

Can a body corporate be a partner of an LLP?

Yes, but it must appoint a corporate representative to act for the body corporate.

Can a foreigner set up an LLP?

Yes, but he must appoint a Malaysian to be the Compliance Officer. Foreigner cannot be Compliance Officer.

What is the tax rate of an LLP?

* The LLP itself enjoys low tax rate similar to Sdn Bhd i.e. 15% for income up to RM150,000, 17% for income between 150,001 – RM600,000, thereafter 24% flat rate.
* For individual partners, their partner’s drawing from the LLP will be subject to their personal income tax rate and if it is a body corporate, it will be taxed at the corporate tax rate.

Who can be a Compliance Officer?

Any qualified person under the Companies Act 2016, which includes partners in the LLP. If the person is an individual, he or she must be a Malaysian citizen or a permanent resident in Malaysia.

What is the role of the Compliance Officer?

Including but not limited to: registering any changes in key details of the LLP, keeping and maintaining records of the LLP, advising partners to ensure compliance with LLP law and lodging annual declarations with SSM.

Can an LLP be converted to a Private Limited Company (Sdn Bhd)?

No, the LLP must be closed down and the new Sdn Bhd will be incorporated thereafter.

What is a Limited Liability Partnership (LLP)?

A Limited Liability Partnership (LLP) is a hybrid business model combining elements of both companies and traditional partnerships. It offers limited liability to its partners, similar to a company, but provides the operational flexibility of a partnership. Governed by the Limited Liability Partnership Act 2012, it is managed by the Companies Commission of Malaysia (SSM).

Can I complete the LLP registration process on my own?

Yes, you can either register an LLP online yourself via SSM’s MyLLP portal or hire a professional service like MISHU to do it for you. Many prefer using professional services to simplify the process.

LLP Registration In Malaysia