Our Services
Our corporate secretarial and packages
Formation of Company
We offer a comprehensive and hassle-free service to assist you incorporate a business entity in Malaysia. Our services include all the essential steps required to set up a private limited company (Sdn. Bhd.) with the Companies Commission of Malaysia/Suruhanjaya Syarikat Malaysia (SSM) pursuant to the Companies Act 2016 in accordance with Malaysian laws.
Corporate Secretarial and Advisory
We offer comprehensive corporate secretarial services to assist your company to handle all the cumbersome paperwork so you can focus on growing your business. We ensure compliance with laws and regulations as required under the Companies Act 2016 in Malaysia.
Striking Off of Company
In Malaysia, directors or members of a company may apply to the Companies Commission of Malaysia/Suruhanjaya Syarikat Malaysia (SSM) for a striking off procedure pursuant to Section 550 of the Companies Act 2016. Striking off a company is a straightforward process if the company meets the requirements and has no outstanding liabilities or legal issues. It provides a way for businesses to formally end their existence without undergoing a formal liquidation process.
Voluntary Winding Up of Company
In Malaysia, voluntary winding up of a company is the process by which a company decides to dissolve itself. This is typically done when the company has ceased operations, and its shareholders or creditors believe that winding up is the best option for the company.
Limited Liability Partnership
What is Limited Liability Partnership (LLP)?
LLP registration is an alternative business vehicle under Limited Liability Partnerships Act 2012 (LLPA 2012) which combines the characteristics of a company and a conventional partnership.
LLP is governed by the Companies Commission of Malaysia/Suruhanjaya Syarikat Malaysia (SSM) under the LLPA 2012 and Limited Liability Partnerships Regulations 2012. LLP was newly introduced in 2012 in Malaysia, Conventional Partnership and Private Limited Company (Sdn. Bhd.) are allowed to be converted to LLP under the LLPA 2012.
Registration Requirement Of LLP
Minimum 2 Partners
(individual or body corporate)
Appoint at least 1 compliance officers*
Proposed LLP name
Proposed Business Nature
Registered Office in Malaysia
*Compliance officer must be from amongst its partners or persons qualified to act as secretaries under the Companies Act 2016.
*Compliance officer must be a citizen or permanent resident of Malaysia and ordinarily resides in Malaysia.
Conversion to LLP
Conventional Partnership
Registered under the Registration of Business Act 1956 or any partnership established by 2 or more persons for the carrying on any professional practice
Eligibility criteria – Same partners and no one else
– Able to pay its debts
– Approval letter from the government body is required for professional practice
Private Limited Company (Sdn. Bhd.)
Incorporated under the Companies Act 2016
Eligibility criteria – Same shareholders and no one else
– No subsisting security interests in its assets
– Private company is solvent
– All outstanding statutory fees to government agencies has been settled
– Advertisement has been placed in a widely circulated newspaper and the Gazette
– All creditors agreed to the conversion
Voluntary Winding Up of LLP
One of the modes of dissolving a LLP is through the voluntary winding up process. LLP, that has ceased to operate and has discharged all its assets and liabilities, may be wound up voluntarily pursuant to Section 50 of the LLPA 2012.
– Application to SSM when all assets and liabilities have been discharged
– Application must be preceded by notice to all partners and
advertisement of the intention to wind up in a widely circulated newspaper
– SSM will order dissolution only if there is no objection received
LAKE Corporate Management is a professional firm based in Malaysia, expert in the provision of corporate secretary services. With a team of experienced professionals, LAKE offers comprehensive solutions to ensure smooth corporate governance, regulatory compliance and efficient business operations.
Quick Links
Contact Info
- Unit 3.07, Level 3, KL Gateway Mall, 59200 Kuala Lumpur
- +6012-357 7426
- katrina.mooi@lakecorp.my
- Monday - Friday: 9am - 6pm
LAKE Corporate Management is a professional firm based in Malaysia, expert in the provision of corporate secretary services. With a team of experienced professionals, LAKE offers comprehensive solutions to ensure smooth corporate governance, regulatory compliance and efficient business operations.
Quick Links
Contact Info
- Unit 3.07, Level 3, KL Gateway Mall, 59200 Kuala Lumpur
- +6012-357 7426
- katrina.mooi@lakecorp.my
- Monday - Friday: 9am - 6pm
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LAKE Corporate Management Sdn. Bhd. (Company Registration No.: 202401046800)