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What's New Important due dates for the month of September 2021     

44. Foreign limited liability partnerships

(1) A foreign limited liability partnership shall not carry on business in Malaysia unless it is registered as a foreign limited liability partnership under this Act.

(2) A foreign limited liability partnership shall not be regarded as carrying on business in Malaysia for the reason only that within Malaysia it carries on activities as specified in the Third schedule.
 
(3) A person who fails to comply with subsection (1) commits an offence and shall, on conviction, be liable to a fine not exceeding two hundred and fifty thousand
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