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DIFFERENCES BETWEEN SDN BHD, LLP, SOLE PROPRIETORSHIP & PARTNERSHIPS IN MALAYSIA

3 Comments on DIFFERENCES BETWEEN SDN BHD, LLP, SOLE PROPRIETORSHIP & PARTNERSHIPS IN MALAYSIA

Limited Liability Partnership (LLP) was introduced by Companies Commission of Malaysia last year.

With the introduction of a new business vehicle by Companies Commission of Malaysia, we thought it might be worthwhile to come up with a comparative table that will briefly explain the significant differences between each business entities available in Malaysia.

If you are one of those wondering what is the difference between a Sdn Bhd, partnership, LLP and sole proprietorship, we hope the table helps.

With the information above, which type of business structure do you think suit you best? Would you convert to LLP?

Please go to our Home Page if you wish to read more on the salient features of a LLP.

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3 responses to “DIFFERENCES BETWEEN SDN BHD, LLP, SOLE PROPRIETORSHIP & PARTNERSHIPS IN MALAYSIA”

  1. Devon

    This LLP system is amazing, it combines the benefits of having partnership and a limited liability company as a hybrid option. Its the first time I’m hearing about it. But do you know of any tax or paid up capital information for LLPs in Malaysia?

    1. RISS

      Hi Devon, in LLP paid-up capital is referred to as partners’ contribution. As for tax, LLPs are taxed at the same rate as Sdn Bhd.

  2. kday

    what table? i didnt see any table