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Get the free Limited Liability Partnership Act 2012 - Suruhanjaya Syarikat - ssm com

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Date Time Venue Training Methodology Fee SSM CPE Points 06 May 2014 / 14 August 2014 9.00 a.m. 1.00 p.m. Menard SSM Central, Kuala Lumpur Lectures RM250 (Standard), RM200 (Licensed Secretary) 4 Limited
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How to fill out limited liability partnership act

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01
To fill out the limited liability partnership act, begin by gathering all relevant documents and information required for the application.
02
Review the legal requirements and regulations of your jurisdiction to ensure compliance with all necessary provisions.
03
Consult with a legal professional experienced in partnership law to ensure accurate and thorough completion of the application.
04
Provide detailed information about the partnership, such as its name, address, and nature of business activities.
05
Include the names and addresses of all partners involved in the partnership, along with their contributions and profit-sharing agreements.
06
Clearly define the rights and obligations of each partner, specifying their roles and responsibilities within the partnership.
07
Draft an agreement outlining the governance structure and decision-making processes within the partnership.
08
Comply with any additional requirements set forth by the governing authority, such as filing fees or supporting documentation.
09
Submit the completed application and any required attachments to the appropriate government agency or authority responsible for processing and approving limited liability partnerships.
10
Wait for the application to be reviewed and approved. Once approved, obtain any necessary certificates or permits to operate legally as a limited liability partnership.

Who needs limited liability partnership act?

01
Any business entity or individuals planning to operate a partnership and wishing to limit their personal liability for the partnership's debts and obligations.
02
Professionals such as accountants, lawyers, architects, and engineers who wish to form a partnership to provide their services but protect their personal assets from liability.
03
Partners who desire a flexible and less formal business structure compared to a corporation, but still want some level of limited liability protection for their personal assets.
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Limited Liability Partnership Act is a legal framework that governs the formation and operation of limited liability partnerships. It provides guidelines on the rights, duties, and responsibilities of partners within the LLP.
All limited liability partnerships are required to file the LLP agreement and statement of account and solvency with the Registrar of Companies.
To fill out the limited liability partnership act, partners must prepare the LLP agreement and statement of account and solvency and submit them to the Registrar of Companies along with the required fees.
The purpose of the Limited Liability Partnership Act is to provide a flexible and business-friendly legal structure for professional and entrepreneurial activities, while also protecting the interests of both partners and creditors.
The LLP agreement must include details of partners, their contributions, profit sharing ratios, and management structure. The statement of account and solvency must include financial information about the LLP.
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