SlideShare une entreprise Scribd logo
1  sur  6
Télécharger pour lire hors ligne
LIMITED 
LIABILITY 
PARTNERSHIP 
LOH BOON HOW 
CHARTERED ACCOUNTANT
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
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
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
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
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

Contenu connexe

Tendances

Comparison of llp with company
Comparison of llp with companyComparison of llp with company
Comparison of llp with companyTeam Asija
 
Private Limited Company vs Limited Liability Partnership (LLP) vs One Person ...
Private Limited Company vs Limited Liability Partnership (LLP) vs One Person ...Private Limited Company vs Limited Liability Partnership (LLP) vs One Person ...
Private Limited Company vs Limited Liability Partnership (LLP) vs One Person ...vakilsearch_tutorial
 
Difference between company llp and partnership firm
Difference between company llp and partnership firm Difference between company llp and partnership firm
Difference between company llp and partnership firm Sandeep Kumar
 
Different Entities of NPO
Different Entities of NPODifferent Entities of NPO
Different Entities of NPOTeam Asija
 
Limited Liability Partnership Act 2008
Limited Liability Partnership Act 2008Limited Liability Partnership Act 2008
Limited Liability Partnership Act 2008KUMBHAT & CO
 
Conversion of firm to llp and pvt. ltd. co.
Conversion of firm to llp and pvt. ltd. co.Conversion of firm to llp and pvt. ltd. co.
Conversion of firm to llp and pvt. ltd. co.olivetreeconsultants
 
How to Register LLP in India
How to Register LLP in IndiaHow to Register LLP in India
How to Register LLP in Indiacadeepak2228
 
Limited liability partnership
Limited liability partnershipLimited liability partnership
Limited liability partnershipcadeepak2228
 
Limited liability partnership gowtam bhat
Limited liability partnership gowtam bhatLimited liability partnership gowtam bhat
Limited liability partnership gowtam bhatSVS College
 
Limited Liability Partnerships (LLP)- An Overview
Limited Liability Partnerships (LLP)- An OverviewLimited Liability Partnerships (LLP)- An Overview
Limited Liability Partnerships (LLP)- An OverviewChhavi Sharma
 
Limited liability partnership
Limited liability partnershipLimited liability partnership
Limited liability partnershipAltacit Global
 
New Compliance Requirement for Specified Companies in Respect of Micro & Smal...
New Compliance Requirement for Specified Companies in Respect of Micro & Smal...New Compliance Requirement for Specified Companies in Respect of Micro & Smal...
New Compliance Requirement for Specified Companies in Respect of Micro & Smal...Mohd.Asif Khan
 
Guide for Limited Liability Partnership (LLP) Registration
Guide for Limited Liability Partnership (LLP) RegistrationGuide for Limited Liability Partnership (LLP) Registration
Guide for Limited Liability Partnership (LLP) RegistrationBinoy Chacko
 
LIMITED LIABILITY PARTNERSHIP ACT, 2008
LIMITED LIABILITY PARTNERSHIP ACT, 2008LIMITED LIABILITY PARTNERSHIP ACT, 2008
LIMITED LIABILITY PARTNERSHIP ACT, 2008Dr. Toran Lal Verma
 
Limited Liability Partnership (LLP) vs companies
Limited Liability Partnership (LLP) vs companiesLimited Liability Partnership (LLP) vs companies
Limited Liability Partnership (LLP) vs companiesB.H. Loh & Associates
 
Limited liability Partnership (LLP)
Limited liability Partnership (LLP)Limited liability Partnership (LLP)
Limited liability Partnership (LLP)Home
 
Limited liability partnership
Limited liability partnershipLimited liability partnership
Limited liability partnershipAnant Agarwal
 
Impact of conversion firm to llp
Impact of conversion  firm to llpImpact of conversion  firm to llp
Impact of conversion firm to llpTeam Asija
 
Limited Liability Partnership
Limited Liability PartnershipLimited Liability Partnership
Limited Liability PartnershipParas Savla
 

Tendances (20)

Comparison of llp with company
Comparison of llp with companyComparison of llp with company
Comparison of llp with company
 
Private Limited Company vs Limited Liability Partnership (LLP) vs One Person ...
Private Limited Company vs Limited Liability Partnership (LLP) vs One Person ...Private Limited Company vs Limited Liability Partnership (LLP) vs One Person ...
Private Limited Company vs Limited Liability Partnership (LLP) vs One Person ...
 
Difference between company llp and partnership firm
Difference between company llp and partnership firm Difference between company llp and partnership firm
Difference between company llp and partnership firm
 
Different Entities of NPO
Different Entities of NPODifferent Entities of NPO
Different Entities of NPO
 
Limited Liability Partnership Act 2008
Limited Liability Partnership Act 2008Limited Liability Partnership Act 2008
Limited Liability Partnership Act 2008
 
Conversion of firm to llp and pvt. ltd. co.
Conversion of firm to llp and pvt. ltd. co.Conversion of firm to llp and pvt. ltd. co.
Conversion of firm to llp and pvt. ltd. co.
 
How to Register LLP in India
How to Register LLP in IndiaHow to Register LLP in India
How to Register LLP in India
 
Limited liability partnership
Limited liability partnershipLimited liability partnership
Limited liability partnership
 
Limited liability partnership gowtam bhat
Limited liability partnership gowtam bhatLimited liability partnership gowtam bhat
Limited liability partnership gowtam bhat
 
Limited Liability Partnerships (LLP)- An Overview
Limited Liability Partnerships (LLP)- An OverviewLimited Liability Partnerships (LLP)- An Overview
Limited Liability Partnerships (LLP)- An Overview
 
Limited liability partnership
Limited liability partnershipLimited liability partnership
Limited liability partnership
 
Winding up of LLP
Winding up of LLPWinding up of LLP
Winding up of LLP
 
New Compliance Requirement for Specified Companies in Respect of Micro & Smal...
New Compliance Requirement for Specified Companies in Respect of Micro & Smal...New Compliance Requirement for Specified Companies in Respect of Micro & Smal...
New Compliance Requirement for Specified Companies in Respect of Micro & Smal...
 
Guide for Limited Liability Partnership (LLP) Registration
Guide for Limited Liability Partnership (LLP) RegistrationGuide for Limited Liability Partnership (LLP) Registration
Guide for Limited Liability Partnership (LLP) Registration
 
LIMITED LIABILITY PARTNERSHIP ACT, 2008
LIMITED LIABILITY PARTNERSHIP ACT, 2008LIMITED LIABILITY PARTNERSHIP ACT, 2008
LIMITED LIABILITY PARTNERSHIP ACT, 2008
 
Limited Liability Partnership (LLP) vs companies
Limited Liability Partnership (LLP) vs companiesLimited Liability Partnership (LLP) vs companies
Limited Liability Partnership (LLP) vs companies
 
Limited liability Partnership (LLP)
Limited liability Partnership (LLP)Limited liability Partnership (LLP)
Limited liability Partnership (LLP)
 
Limited liability partnership
Limited liability partnershipLimited liability partnership
Limited liability partnership
 
Impact of conversion firm to llp
Impact of conversion  firm to llpImpact of conversion  firm to llp
Impact of conversion firm to llp
 
Limited Liability Partnership
Limited Liability PartnershipLimited Liability Partnership
Limited Liability Partnership
 

Similaire à Compare Structure between LLC vs LLP

Difference between Limited Liability Partnership and Private Limited Company
Difference between Limited Liability Partnership and Private Limited CompanyDifference between Limited Liability Partnership and Private Limited Company
Difference between Limited Liability Partnership and Private Limited CompanyBusinessWindo.com
 
What are the differences between a Private Limited Company and a Limited Liab...
What are the differences between a Private Limited Company and a Limited Liab...What are the differences between a Private Limited Company and a Limited Liab...
What are the differences between a Private Limited Company and a Limited Liab...Wisteria Formations Limited
 
Difference between Private Limited Company vs LLP
Difference between Private Limited Company vs LLPDifference between Private Limited Company vs LLP
Difference between Private Limited Company vs LLPSatish Naik
 
Limited Liability Partnerships - An Introduction
Limited Liability Partnerships - An IntroductionLimited Liability Partnerships - An Introduction
Limited Liability Partnerships - An Introductionvarunthecool
 
llp registration in india @ http://www.mcaindia.co.in/
llp registration in india @ http://www.mcaindia.co.in/llp registration in india @ http://www.mcaindia.co.in/
llp registration in india @ http://www.mcaindia.co.in/ankitseo25
 
Comparison of llp with partnership
Comparison of llp with partnershipComparison of llp with partnership
Comparison of llp with partnershipTeam Asija
 
Limited Liability partnership
Limited Liability partnershipLimited Liability partnership
Limited Liability partnershipShubhamJain482931
 
EGV - Legal structures - Lecture 1 & 2
EGV - Legal structures - Lecture 1 & 2EGV - Legal structures - Lecture 1 & 2
EGV - Legal structures - Lecture 1 & 2Rohan Saraf
 
Limited Company Formation in UK
Limited Company Formation in UKLimited Company Formation in UK
Limited Company Formation in UKFinacBooks UK
 
CONVERSION OF PARTNERSHIP FIRM INTO LLP
CONVERSION OF PARTNERSHIP FIRM INTO LLPCONVERSION OF PARTNERSHIP FIRM INTO LLP
CONVERSION OF PARTNERSHIP FIRM INTO LLPANMOL GULATI
 
Partnership Firm into LLP
Partnership Firm into LLPPartnership Firm into LLP
Partnership Firm into LLPLegalDelight
 
Concept & Advantages Of Llp
Concept & Advantages Of LlpConcept & Advantages Of Llp
Concept & Advantages Of LlpStartupwala
 
Difference Between Company, Limited Liability Partnership and Partnership
Difference Between Company, Limited Liability Partnership and PartnershipDifference Between Company, Limited Liability Partnership and Partnership
Difference Between Company, Limited Liability Partnership and PartnershipLegalDelight
 
Business structures in Malaysia
Business structures in MalaysiaBusiness structures in Malaysia
Business structures in MalaysiaRichard Oon
 
OPC vs LLP vs Pvt Ltd vs Partnership vs Sole Propreitorship
OPC vs LLP vs Pvt Ltd vs Partnership vs Sole PropreitorshipOPC vs LLP vs Pvt Ltd vs Partnership vs Sole Propreitorship
OPC vs LLP vs Pvt Ltd vs Partnership vs Sole PropreitorshipKhizer Ahmed Sheriff
 
Forms of ownership
Forms of ownershipForms of ownership
Forms of ownershipnonkululekoS
 

Similaire à Compare Structure between LLC vs LLP (20)

Difference between Limited Liability Partnership and Private Limited Company
Difference between Limited Liability Partnership and Private Limited CompanyDifference between Limited Liability Partnership and Private Limited Company
Difference between Limited Liability Partnership and Private Limited Company
 
What are the differences between a Private Limited Company and a Limited Liab...
What are the differences between a Private Limited Company and a Limited Liab...What are the differences between a Private Limited Company and a Limited Liab...
What are the differences between a Private Limited Company and a Limited Liab...
 
Difference between Private Limited Company vs LLP
Difference between Private Limited Company vs LLPDifference between Private Limited Company vs LLP
Difference between Private Limited Company vs LLP
 
Start a Business
Start a BusinessStart a Business
Start a Business
 
Limited Liability Partnerships - An Introduction
Limited Liability Partnerships - An IntroductionLimited Liability Partnerships - An Introduction
Limited Liability Partnerships - An Introduction
 
llp registration in india @ http://www.mcaindia.co.in/
llp registration in india @ http://www.mcaindia.co.in/llp registration in india @ http://www.mcaindia.co.in/
llp registration in india @ http://www.mcaindia.co.in/
 
Comparison of llp with partnership
Comparison of llp with partnershipComparison of llp with partnership
Comparison of llp with partnership
 
Limited Liability partnership
Limited Liability partnershipLimited Liability partnership
Limited Liability partnership
 
EGV - Legal structures - Lecture 1 & 2
EGV - Legal structures - Lecture 1 & 2EGV - Legal structures - Lecture 1 & 2
EGV - Legal structures - Lecture 1 & 2
 
Limited Company Formation in UK
Limited Company Formation in UKLimited Company Formation in UK
Limited Company Formation in UK
 
CONVERSION OF PARTNERSHIP FIRM INTO LLP
CONVERSION OF PARTNERSHIP FIRM INTO LLPCONVERSION OF PARTNERSHIP FIRM INTO LLP
CONVERSION OF PARTNERSHIP FIRM INTO LLP
 
Partnership Firm into LLP
Partnership Firm into LLPPartnership Firm into LLP
Partnership Firm into LLP
 
Concept & Advantages Of Llp
Concept & Advantages Of LlpConcept & Advantages Of Llp
Concept & Advantages Of Llp
 
Difference Between Company, Limited Liability Partnership and Partnership
Difference Between Company, Limited Liability Partnership and PartnershipDifference Between Company, Limited Liability Partnership and Partnership
Difference Between Company, Limited Liability Partnership and Partnership
 
Business structures in Malaysia
Business structures in MalaysiaBusiness structures in Malaysia
Business structures in Malaysia
 
OPC vs LLP vs Pvt Ltd vs Partnership vs Sole Propreitorship
OPC vs LLP vs Pvt Ltd vs Partnership vs Sole PropreitorshipOPC vs LLP vs Pvt Ltd vs Partnership vs Sole Propreitorship
OPC vs LLP vs Pvt Ltd vs Partnership vs Sole Propreitorship
 
Llp firm
Llp firmLlp firm
Llp firm
 
Guide to my first hong kong limited company | AsiaBC
Guide to my first hong kong limited company | AsiaBCGuide to my first hong kong limited company | AsiaBC
Guide to my first hong kong limited company | AsiaBC
 
Rkr llp vs pvt ltd.
Rkr llp vs pvt ltd.Rkr llp vs pvt ltd.
Rkr llp vs pvt ltd.
 
Forms of ownership
Forms of ownershipForms of ownership
Forms of ownership
 

Plus de B.H. Loh & Associates

为何有限合伙生意呢?Why Limited Liability Partnership?
为何有限合伙生意呢?Why Limited Liability Partnership?为何有限合伙生意呢?Why Limited Liability Partnership?
为何有限合伙生意呢?Why Limited Liability Partnership?B.H. Loh & Associates
 
Malaysia sme economy stimulation package and Penang Government aids
Malaysia sme economy stimulation package and Penang Government aidsMalaysia sme economy stimulation package and Penang Government aids
Malaysia sme economy stimulation package and Penang Government aidsB.H. Loh & Associates
 
Malaysia economy stimulation 2020 & Penang Government Finance Assistance
Malaysia economy stimulation 2020 & Penang Government Finance AssistanceMalaysia economy stimulation 2020 & Penang Government Finance Assistance
Malaysia economy stimulation 2020 & Penang Government Finance AssistanceB.H. Loh & Associates
 
2016年 - 税月无情(减免篇)
2016年 - 税月无情(减免篇)2016年 - 税月无情(减免篇)
2016年 - 税月无情(减免篇)B.H. Loh & Associates
 
Winding up of a company and Limited Liability Partnership (LLP)
Winding up of a company and Limited Liability Partnership (LLP)Winding up of a company and Limited Liability Partnership (LLP)
Winding up of a company and Limited Liability Partnership (LLP)B.H. Loh & Associates
 
Setting Up A Foreign Limited Liability Partnership (Foreign LLP)
Setting Up A Foreign Limited Liability Partnership (Foreign LLP)Setting Up A Foreign Limited Liability Partnership (Foreign LLP)
Setting Up A Foreign Limited Liability Partnership (Foreign LLP)B.H. Loh & Associates
 

Plus de B.H. Loh & Associates (20)

Tax relief ya 2021
Tax relief ya 2021Tax relief ya 2021
Tax relief ya 2021
 
Geran khas prihatin 2.0
Geran khas prihatin 2.0Geran khas prihatin 2.0
Geran khas prihatin 2.0
 
为何有限合伙生意呢?Why Limited Liability Partnership?
为何有限合伙生意呢?Why Limited Liability Partnership?为何有限合伙生意呢?Why Limited Liability Partnership?
为何有限合伙生意呢?Why Limited Liability Partnership?
 
Malaysia sme economy stimulation package and Penang Government aids
Malaysia sme economy stimulation package and Penang Government aidsMalaysia sme economy stimulation package and Penang Government aids
Malaysia sme economy stimulation package and Penang Government aids
 
Malaysia economy stimulation 2020 & Penang Government Finance Assistance
Malaysia economy stimulation 2020 & Penang Government Finance AssistanceMalaysia economy stimulation 2020 & Penang Government Finance Assistance
Malaysia economy stimulation 2020 & Penang Government Finance Assistance
 
Personal Relief 2018
Personal Relief 2018Personal Relief 2018
Personal Relief 2018
 
Personal relief 2017
Personal relief 2017Personal relief 2017
Personal relief 2017
 
Personal relief 2016
Personal relief 2016Personal relief 2016
Personal relief 2016
 
Personal relief & rates
Personal relief & ratesPersonal relief & rates
Personal relief & rates
 
Investment in cambodia
Investment in cambodiaInvestment in cambodia
Investment in cambodia
 
Budge 2016
Budge 2016Budge 2016
Budge 2016
 
2016年 - 税月无情(减免篇)
2016年 - 税月无情(减免篇)2016年 - 税月无情(减免篇)
2016年 - 税月无情(减免篇)
 
Winding up of a company and Limited Liability Partnership (LLP)
Winding up of a company and Limited Liability Partnership (LLP)Winding up of a company and Limited Liability Partnership (LLP)
Winding up of a company and Limited Liability Partnership (LLP)
 
Investment in myanmar and indonesia
Investment in myanmar and indonesiaInvestment in myanmar and indonesia
Investment in myanmar and indonesia
 
Budget 2015
Budget 2015Budget 2015
Budget 2015
 
Spc
SpcSpc
Spc
 
Tax incentive for gst
Tax incentive for gstTax incentive for gst
Tax incentive for gst
 
Gst on legal 2
Gst on legal 2Gst on legal 2
Gst on legal 2
 
GST Transitional Period
GST Transitional Period GST Transitional Period
GST Transitional Period
 
Setting Up A Foreign Limited Liability Partnership (Foreign LLP)
Setting Up A Foreign Limited Liability Partnership (Foreign LLP)Setting Up A Foreign Limited Liability Partnership (Foreign LLP)
Setting Up A Foreign Limited Liability Partnership (Foreign LLP)
 

Dernier

UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISINGUNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISINGlokeshwarmaha
 
Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024Borderless Access
 
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase  25 March  2024  Energy News issue - 1710 by Khaled Al Awadi_compress...NewBase  25 March  2024  Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...Khaled Al Awadi
 
Tata Kelola Bisnis perushaan yang bergerak
Tata Kelola Bisnis perushaan yang bergerakTata Kelola Bisnis perushaan yang bergerak
Tata Kelola Bisnis perushaan yang bergerakEditores1
 
IIBA® Melbourne - Navigating Business Analysis - Excellence for Career Growth...
IIBA® Melbourne - Navigating Business Analysis - Excellence for Career Growth...IIBA® Melbourne - Navigating Business Analysis - Excellence for Career Growth...
IIBA® Melbourne - Navigating Business Analysis - Excellence for Career Growth...AustraliaChapterIIBA
 
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for BusinessQ2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for BusinessAPCO
 
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdfChicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdfSourav Sikder
 
To Create Your Own Wig Online To Create Your Own Wig Online
To Create Your Own Wig Online  To Create Your Own Wig OnlineTo Create Your Own Wig Online  To Create Your Own Wig Online
To Create Your Own Wig Online To Create Your Own Wig Onlinelng ths
 
Upgrade Your Banking Experience with Advanced Core Banking Applications
Upgrade Your Banking Experience with Advanced Core Banking ApplicationsUpgrade Your Banking Experience with Advanced Core Banking Applications
Upgrade Your Banking Experience with Advanced Core Banking ApplicationsIntellect Design Arena Ltd
 
Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access
 
Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024Winbusinessin
 
Mihir Menda - Member of Supervisory Board at RMZ
Mihir Menda - Member of Supervisory Board at RMZMihir Menda - Member of Supervisory Board at RMZ
Mihir Menda - Member of Supervisory Board at RMZKanakChauhan5
 
HELENE HECKROTTE'S PROFESSIONAL PORTFOLIO.pptx
HELENE HECKROTTE'S PROFESSIONAL PORTFOLIO.pptxHELENE HECKROTTE'S PROFESSIONAL PORTFOLIO.pptx
HELENE HECKROTTE'S PROFESSIONAL PORTFOLIO.pptxHelene Heckrotte
 
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdfGraham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdfAnhNguyen97152
 
Entrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizationsEntrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizationsP&CO
 
Intellectual Property Licensing Examples
Intellectual Property Licensing ExamplesIntellectual Property Licensing Examples
Intellectual Property Licensing Examplesamberjiles31
 
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 Building Your Personal Brand on LinkedIn - Expert Planet-  2024 Building Your Personal Brand on LinkedIn - Expert Planet-  2024
Building Your Personal Brand on LinkedIn - Expert Planet- 2024Stephan Koning
 
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)tazeenaila12
 
7movierulz.uk
7movierulz.uk7movierulz.uk
7movierulz.ukaroemirsr
 

Dernier (20)

UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISINGUNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
UNLEASHING THE POWER OF PROGRAMMATIC ADVERTISING
 
Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024
 
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase  25 March  2024  Energy News issue - 1710 by Khaled Al Awadi_compress...NewBase  25 March  2024  Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...
 
Tata Kelola Bisnis perushaan yang bergerak
Tata Kelola Bisnis perushaan yang bergerakTata Kelola Bisnis perushaan yang bergerak
Tata Kelola Bisnis perushaan yang bergerak
 
IIBA® Melbourne - Navigating Business Analysis - Excellence for Career Growth...
IIBA® Melbourne - Navigating Business Analysis - Excellence for Career Growth...IIBA® Melbourne - Navigating Business Analysis - Excellence for Career Growth...
IIBA® Melbourne - Navigating Business Analysis - Excellence for Career Growth...
 
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for BusinessQ2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
 
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdfChicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
 
To Create Your Own Wig Online To Create Your Own Wig Online
To Create Your Own Wig Online  To Create Your Own Wig OnlineTo Create Your Own Wig Online  To Create Your Own Wig Online
To Create Your Own Wig Online To Create Your Own Wig Online
 
Upgrade Your Banking Experience with Advanced Core Banking Applications
Upgrade Your Banking Experience with Advanced Core Banking ApplicationsUpgrade Your Banking Experience with Advanced Core Banking Applications
Upgrade Your Banking Experience with Advanced Core Banking Applications
 
Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024
 
Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024Ethical stalking by Mark Williams. UpliftLive 2024
Ethical stalking by Mark Williams. UpliftLive 2024
 
Mihir Menda - Member of Supervisory Board at RMZ
Mihir Menda - Member of Supervisory Board at RMZMihir Menda - Member of Supervisory Board at RMZ
Mihir Menda - Member of Supervisory Board at RMZ
 
HELENE HECKROTTE'S PROFESSIONAL PORTFOLIO.pptx
HELENE HECKROTTE'S PROFESSIONAL PORTFOLIO.pptxHELENE HECKROTTE'S PROFESSIONAL PORTFOLIO.pptx
HELENE HECKROTTE'S PROFESSIONAL PORTFOLIO.pptx
 
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdfGraham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdf
 
Entrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizationsEntrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizations
 
Intellectual Property Licensing Examples
Intellectual Property Licensing ExamplesIntellectual Property Licensing Examples
Intellectual Property Licensing Examples
 
WAM Corporate Presentation Mar 25 2024.pdf
WAM Corporate Presentation Mar 25 2024.pdfWAM Corporate Presentation Mar 25 2024.pdf
WAM Corporate Presentation Mar 25 2024.pdf
 
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 Building Your Personal Brand on LinkedIn - Expert Planet-  2024 Building Your Personal Brand on LinkedIn - Expert Planet-  2024
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
 
7movierulz.uk
7movierulz.uk7movierulz.uk
7movierulz.uk
 

Compare Structure between LLC vs LLP

  • 1. LIMITED LIABILITY PARTNERSHIP LOH BOON HOW CHARTERED ACCOUNTANT
  • 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