Business

13
Aug

Doing business in Malaysia

Registering a business entity with the Companies Commission of Malaysia (SSM) is the first requirement to run a business legally in Malaysia. There are 3 categories of business entity registration, namely Registration of Business (ROB), Registration of Company (ROC), and Limited Liability of Partnership (LLP). These are regulated by different laws respectively, with a total

13
Aug

Starting a Limited Liability Partnership

What is a Limited Liability Partnership? 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. LLP provides limited liability status to its partners and offers the flexibility of internal arrangement through an agreement between the partners.