Annual Declaration by a Limited Liability Partnership (“LLP”)

Annual Declaration by a Limited Liability Partnership (“LLP”)

The Companies Commission of Malaysia (“SSM”) had, on 29 February 2016, issued Practice Note No. 1/2016 “Limited Liability Partnerships Act 2012 – Requirements Relating to the Lodgement of Annual Declaration by a Limited Liability Partnership (“LLP”)“. This Practice Note serves to clarify on the areas below:

• Time to lodge the annual declaration;
• Contents and format of the annual declaration; and
• Annual declaration of an LLP is public information.

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