The Letter of Interest for Business Partnership is a crucial initial document in the business partnership formation process under Malaysian law. It is typically used when a company has identified a potential business partner and wishes to formally express their interest in exploring a partnership arrangement before proceeding with detailed negotiations or due diligence. The document serves multiple purposes: it demonstrates serious intent, outlines the basic proposed structure of the partnership, and provides a framework for further discussions. While not legally binding in terms of establishing the partnership itself, it may contain certain binding elements such as confidentiality provisions. The letter should comply with Malaysian legal requirements and business practices, particularly considering the Contracts Act 1950 and Partnership Act 1961. It's an essential tool for initiating formal business relationships and is often the first step toward more detailed partnership agreements.

1. Letter Header and Date: Company letterhead, current date, and reference number if applicable

2. Recipient Details: Full name, title, company name and address of the recipient

3. Subject Line: Clear indication that this is a Letter of Interest for Business Partnership

4. Introduction: Brief introduction of your company and acknowledgment of previous discussions if any

5. Expression of Interest: Clear statement of interest in forming a business partnership

6. Business Overview: Brief description of your company's background, expertise, and relevant capabilities

7. Partnership Vision: Overview of how you envision the partnership working and potential mutual benefits

8. Next Steps: Proposed immediate actions and timeline for moving forward

9. Closing: Professional closing statement with contact information and signature block