2. The Organisation structure of Limited
Liability Company Under Company Act 1965
Shareholders External Auditor Director
Company Secretary Tax Agent
Companies Commission Of Malaysia Inland Revenue Board
3. The Organisation structure of Limited
Liability PARTNERSHIP Under LIMITED LIABILITY
PARTNERSHIP Act 2012
Compliance Officer Partners
Companies Commission Of Malaysia Inland Revenue Board
Brought to you by :
Chartered Accountant
Facebook : bhloh.com.my Website : www.bhloh.com.my Email : bhlohass@gmail.com
4. WHAT ARE THE
DIFFERENCES?
Limited Liability
Partnership (LLP)
Limited Liability Company
(LLC)
No need to appoint an
external auditor to audit an
account
Required to appoint an
external auditor
No share allotment and
not need to hold an annual
general meeting
Accordance the
requirement of company
act, to allotment of share
and hold an annual
general meeting
B. H. Loh & Associates
3
5. WHAT ARE THE
DIFFERENCES?
Limited Liability
Partnership (LLP)
Limited Liability Company
(LLC)
Single partner, it mean
more cost saving and
affordable of registration
fee and annual
maintenance cost
Since the shareholder and
director are separate
entity, thus it involve more
and complicated cost
B. H. Loh & Associates
4
6. Where to register?
B. H. Loh & Associates
Address :
No. 1-3-15, Goldhill Complex,
Tingkat Paya Terubong 1,
11060 Penang.
H/P No. : 016-4893382
Email : bhlohass@gmail.com
Web-site / facebook : bhloh.com.my
1
B. H. Loh & Associates