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Key Differences Between a Company, Limited Liability Partnership (LLP) & Unincorporated Business

Just like how we can’t run from personal income tax, companies can’t run from corporate tax too! The companies in Malaysia are required to pay corporate tax which is a significant contributor to the country’s economic development 🏙️

But there are different types of companies, each with its own business structure and tax requirements. Here’s an overview of the key differences between a company, limited liability partnership (LLP) and unincorporated business when it comes to tax related matters 🧾

We know that proper understanding and compliance as required by the Inland Revenue Board [LHDN] will be helpful. By leaving this matter to our experienced tax professionals, our clients can focus on growing the company 💯

Let’s discuss more on how JS Partners can help your company too! Contact us via https://wa.me/60122192492 📲

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