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What is a Limited Liability Partnership (LLP)?
An LLP is a legal business structure that combines the flexibility of a conventional partnership with the limited liability protection of a Sdn Bhd. It’s ideal for small businesses, startups, and professionals seeking lower compliance requirements
How to Register an LLP in Malaysia
Step 1: Name Reservation – Check availability on MyLLP portal
Step 2: Submit Application – Business nature, address, compliance officer, partners, capital
Step 3: Pay RM500 government fee
Step 4: Submit Beneficial Ownership declaration
All-Inclusive Package – RM2,000
LLP Incorporation (includes RM500 SSM fee)
Name Reservation
Beneficial Ownership Submission
Bank Account Opening Resolution
Post-registration guidance
Frequently Asked Questions
Can I open a bank account with an LLP?
Can I open a bank account with an LLP?
Yes, you can open a business bank account once the LLP is registered.
Can foreigners open an LLP?
Can foreigners open an LLP?
Yes, but the Compliance Officer must reside in Malaysia.
How long does the process take?
How long does the process take?
Usually 10–14 working days from submission to approval.
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