Should you Register a Private Company (Sdn Bhd) or a Limited Liability Partnership (LLP)?
Updated: Mar 3, 2022
So you are ready to finally start a Company of your own. What should you do first?
Aside from constructing your business plan, setting up your Company's structure should definitely be among your first few priorities.
We understand that this can be a daunting task. Therefore, it is our pleasure to provide you with the relevant sources to help you pick out which structure fits you best.
In essence, there are 4 structures that you can choose from. the most common being a Private Limited Company (Sdn. Bhd.).
(source: ssm.com.my)
When it comes to forming a Private Limited Company (Sdn Bhd), it is require by law to have a qualified Company Secretary assigned within 30 days of incorporation.
As for the Limited Liability Partnership (LLP), the role of the Company secretary is substituted with a "Compliance Officer". Any partner of the LLP may resume this role.
In both cases, we are able to provide our professional help.
Do reach out to us to learn more!
With that said, we sincerely wish you all the best in all your business ventures.
Yours Sincerely,
Infosearch Consultancy PLT
The Company Secretary
Note: Contents of this article will be updated as and when required.
