The Ultimate Guide to Setting Up a Limited Liability Partnership (LLP) in Malaysia Starting a business in Malaysia comes with several options for legal structures, but one that stands out for many entrepreneurs is the Limited Liability Partnership (LLP). An LLP offers the benefits of a partnership while providing the protection of limited liability, […]
Roles, Responsibilities, and Liabilities of Nominators and Nominee Directors in Malaysia The roles of nominators and nominee directors are critical in the corporate governance landscape, particularly under Malaysia’s Companies Act 2016. Understanding their responsibilities and potential liabilities is essential for maintaining compliance and ensuring effective corporate governance. Who is a Nominator? A nominator is […]
How to Convert a Limited Liability Partnership (LLP) to Sdn. Bhd. in Malaysia: A Step-by-Step Guide In Malaysia, the Limited Liability Partnership (LLP) structure offers flexibility and limited liability protection, making it a popular choice for small and medium-sized businesses. However, as businesses grow, many owners consider converting their LLP to a Private Limited Company […]
SSM Registration Malaysia: An In-Depth Guide for New Businesses In Malaysia, it’s mandatory for all businesses to register with the Companies Commission of Malaysia, known as Suruhanjaya Syarikat Malaysia (SSM). This process not only legitimizes the business but also ensures adherence to local regulations. It is crucial for entering into contracts with banks, government agencies, […]