Topics in the e-Guide

Upon starting a business as an entrepreneur, either by way of incorporating a Sendirian Berhad (“Sdn Bhd”) or registering a Limited Liability Partnership (“LLP”), that is not the end of the story. 

There are many (possibly unlimited) skills to hone: many aspects of the business such as strategy, financial planning, sales and marketing and operations, networking, as well as employee management. 

Other than these skills that are required to be mastered by an entrepreneur, there are certain mandatory statutory compliance steps as prescribed by law and administered by the Company Commissions of Malaysia, or better known locally as Suruhanjaya Syarikat Malaysia (“SSM”). 

For your information, both Sdn Bhd and LLP are administered by the SSM. However, the governing laws for both types of business entity are different, namely the Companies Act 2016 (“CA 2016”) is for Sdn Bhds while the Limited Liability Partnerships Act 2012 (“LLP Act 2012”) governs all the LLPs. 

We have prepared this e-guide setting out several mandatory statutory compliance steps for both Sdn Bhd and LLP.