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Information & Resources
Information & Resources
Information and Resources
Advantages to Register Sdn Bhd
The legal structure of Sendirian Berhad offers significant advantages over others, such as a limited partnership or sole proprietorship. Maximum ...
Sales and Service Tax (SST)
In Malaysia, the GST (consumption tax), which was implemented in April 2015, has been effectively abolished by the new government, ...
Introduction to Malaysian Companies
Seven different forms of business structures are available in Malaysia, four of which are companies (with the other three being ...
Requirements for Local Malaysians
Register Company in Malaysia under the Companies Act 2016
Minimum paid-up capital of RM1
Requirements for Foreigners to Open Company in Malaysia
Options: 1) Registering a new local company Foreigners are only allowed to register Sendirian Berhad (Private Limited) companies in Malaysia ...
Business Licences for Malaysian Companies
Successfully registering your Malaysian company with the Companies Commission of Malaysia (SSM) is a great start to your business venture ...
Introduction to Annual Compliance
In business, there are many forms of compliance that your company and employees must uphold. Therefore, having a good overview ...
Bookkeeping and Malaysia Accounting Services
As required by the Malaysia Companies Act and Income Tax Act, every company registered in Malaysia must keep proper books ...
Overview of Annual Compliance Requirements
Compliance Requirements for Suruhanjaya Syarikat Malaysia (SSM)
1) Annual Return
After open company in Malaysia, within 30 days from the ...
Post incorporation, companies are required to notify the SSM of any changes within a prescribed time.
Change in Registered ...
Malaysia’s Competition Act
The Competition Act, enforced by the Malaysia Competition Commission (MyCC), covers commercial activities within or outside Malaysia, which have an ...
Regional Office vs Branch Office
Foreign business owners planning on expanding their business to Malaysia typically would choose either to register company in Malaysia (register ...
Hiring of Expatriates in Malaysia
Types Of Expatriate Posts in Malaysia Expatriates refer to foreigners who are qualified to fulfill the following positions:
1. Key ...
Audit Exemption for Private Companies
On 4 August 2017, the Companies Commission of Malaysia (SSM) brought into effect audit exemption for certain categories of private ...
CIDB Licence for Construction Sector
With effect from 20 July 1995, companies, local or foreign, engaging in any construction work in the following fields are ...
Licences for Restaurants
Starting a restaurant business begins with registering your F&B establishment with Suruhanjaya Syarikat Malaysia (SSM). After obtaining your general business ...
Corporations are taxed on all earnings, including gains or profits from a trade or business, dividends, interest, rents, royalities, premiums ...
Duties of a Company Secretary
Every company registered as a Private Limited Company (Sendirian Berhad) in Malaysia is required to appoint at least one Company Secretary, ...
Licences for IT Sector
The licensing regime as provided for under the Communications and Multimedia Act 1998 allows a licensee to undertake activities that ...
Digital Free Trade Zone
Launched in November 2017 in partnership with Jack Ma, Executive Chairman of the Alibaba Group, the Digital Free Trade Zone ...
Guidelines on Application for Licence: Tour Operating Business & Travel Agency Business
1. Application requirements:
(a) Private limited company incorporated ...
Overview of Malaysia's eCommerce Potential:
approximately 25.84 million active internet users (80 percent of the population)
extremely high rates ...
Website for Your Company
With just a little budget, effort and time, you can easily market and promote your company and its products and ...
Effective Website Design
A well designed website sheds good light on your business brand, offers dependable content and is also easy for your ...
Malaysia’s Economic Corridors
Created to bridge development imbalances in the country, the main five Economic Corridors in Malaysia are:
Iskandar Malaysia in ...
Malaysia’s Investment Guarantee Agreements
Investment Guarantee Agreements (IGAs) are also known as Promotion and Protection of Investment Agreement. The objectives of IGA are to: ...
Offline and Online Marketing Overview
Operating a successful business is more than just providing in-demand products or services. It’s also about leveraging the right kind ...
Ordinary vs Preference Shares
How Ordinary Shares and Preference Shares are distinguished from one another in terms of characteristics, benefits and rights is important ...
Islamic Banking in Malaysia
The official start of Islamic bank began in 1963 with the founding of Mit Ghamr Local Saving Bank in Egypt ...
Employment and Labour Law in Malaysia
The Employment Act 1955 sets out the minimum benefits that are afforded to applicable employees, and it only applies to: ...
Types of Visas for Foreigners
Type Overview Requirements Employment Pass (EP) - For long-term stay / work and is classified into 3 categories. - Multiple ...
Grants from Ministries and Agencies Part 1
Financing New bumiputera who have innovative business ideas and creative entrepreneurs / Start-up Assistance given in the form of ...
Grants from Ministries and Agencies Part 2
The SME Investment Partner (SIP) programme is one of the High Impact Programmes (HIPs) under the SME Masterplan (2012-2020) ...
WORKING PRACTICES IN MALAYSIA
Take into consideration the importance of prayer times in Malaysia when scheduling business ...
Federation of Malaysia
Form of State:
Federated Constitutional Monarchy
His Royal Highness (King) appoints a Prime Minister ...
Traditional Sports and Games
Open Company in Malaysia Besides helping you to register company in Malaysia, VentureHaven is also a comprehensive business guide that ...
Important Malaysian Holidays
Malaysia observes 3 categories of public holidays, namely Federal, State and Holidays by Declaration. Depending on which state you work ...
Requirements of a Company Secretary in Malaysia
One of the mandatory post-incorporation requirements, according to Malaysia Companies Act 2016, is appointing a company secretary within 30 days ...
Importance of Company Secretary Services
Extensive Responsibilities of a Company Secretary Administrative A Company Secretary is in charge of making sure the company meets its ...
Growing Your Business in the Age of Covid-19
Business owners must start to embrace a post-COVID-19 future and adopt strategic responses to their operations, based on an economy ...
Important steps to open company in Malaysia
Before getting to the important steps to register company in Malaysia, let's be introduced to the statutory body that regulates ...
Popular questions when you want to register SDN BHD in Malaysia
The legal structure of Sendirian Berhad (Sdn Bhd) offers significant advantages over others, such as limited partnership or sole proprietorship ...
Factors you must consider when hiring company secretary in Malaysia
In Malaysia, a company secretary is mandatory for any public listed or private limited companies, a legal requirement under section ...
What are popular JB accounting services a Malaysia accounting company can provide?
A Malaysia Accounting Company usually offers more services than one is led to assume based on its business category, and ...
Benefits of engaging company secretary KL you should know
A company secretary is mandatory for any private limited companies incorporated in Malaysia, as stipulated by its Companies Act 1965. Every ...
Types of companies you need to know when you want to register company in Malaysia
According to Malaysia's Companies Act 2016, a company can be limited by shares, limited by guarantee, or unlimited, and be ...
Not happy with the current company secretary services? Here are steps to change company secretary in Malaysia
A Company Secretary is not simply a mandatory requirement for any private limited company incorporated in Malaysia. He or she ...
Common accounting mistakes Malaysia accounting firm should avoid
Under the Self-Assessment System (SAS), which was adopted almost 20 years in Malaysia, tax returns submitted are only considered assessments, ...
Latest amendments to the MFRSs 2020 every Malaysia accounting company must know
The Malaysia Accounting Standards Board (MASB) has recently issued various amendments to the Malaysia Financial Reporting Standards (MFRSs) in view ...
Understand main roles of firms providing company secretary services in Malaysia
Every company incorporated in Malaysia must appoint a company secretary under Section 236 of the Companies Act 2016 within 30 ...
How to change your company’s name after you open company in Malaysia
After you register company in Malaysia with a name that has been approved by SSM, you can still change the ...
Mistakes you must avoid when you register SDN BHD in Malaysia
Private Limited companies (Sdn Bhd) are the most common form of business entities registered in Malaysia. They are a separate ...
Basic rules of recording of journal entries any Malaysia accounting firm must know
A Malaysia Accounting Firm uses journals to keep track of business transactions and events, i.e. a historical account of all ...
Classification of costs your Malaysia accounting services provider should practise for you
Every business has to handle incurred costs throughout its operations. Therefore, understanding cost and its different classifications in Business Accounting ...
The purpose of reconciling bank statement that JB accounting firm should be able to help you
A bank reconciliation, whether it is done monthly or daily, involves comparing your internal financial records (general ledger) against the ...
Understand financial statement audit so that you can select a better JB accounting company
JB Accounting and Malaysia Accounting Services provide financial statement audit services to help Malaysia companies produce fair and truthful statements ...
How to choose the right Company Secretary Firm
A company incorporated in Malaysia must appoint a Company Secretary within 30 days after the Certificate of Incorporation from the ...
All you need to know about company secretary KL and the core duties of company secretary in Malaysia
A company secretary is mandatory for any private limited companies incorporated in Malaysia, as stipulated by its Companies Act 1965. Every ...
Common business mistakes to avoid after completing company registration Malaysia
Making mistakes along the way may be inevitable on a business venture, especially when starting out. But in the new ...
Understand Employment Laws before you register a company Malaysia
Employment regulations serve to benefit both employers and employees by setting a framework for maintaining a fair and safe working ...
The essential guide to payroll before getting started company registration Malaysia
Malaysia has remained competitive for international business investment and operation with its natural resources, growing economy and neighbouring massive consumer ...
Difference between Revenue and Profit that an accounting firm providing accounting service in Malaysia must be able to explain
To manage your company’s finances effectively, you'll need to understand the idea of Revenue and Profit, which will help determine ...
Corporate compliance requirements for Malaysian companies that companies providing secretarial services Malaysia can help you
incorporating your company
and commencing business operations in Malaysia, a business operator will need to engage a professional ...
Bookkeeping 101 for business owners before getting bookkeeping services Malaysia
Bookkeeping Services Malaysia
takes care of the process of recording and organising your business’s financial transactions. The assigned bookkeepers of ...
How to manage your business cash flow after getting accounting service in Malaysia
If operating activities do not generate enough cash, even profitable companies can fail, as profits are tied up in outstanding ...
Understand accounting cycle before getting help from a Malaysia accounting company
The accounting cycle is a basic multi-step process that provides a clear framework for the recording, analysis and final reporting ...
Companies Act, Company Law and Malaysia Law you should know before you register Sdn Bhd
Foreign-owned companies can invest with few restrictions in almost every business sector in Malaysia. A Malaysian company or subsidiary is ...
How much do you pay for secretarial services Malaysia?
A Company Secretary is an official appointment by the Board of Directors of a company, required by law. The company ...
New expatriate work permit application guidelines you need to know before starting company registration Malaysia
Employment policies of a country affect the planning and operation of businesses that expect and require expatriate employees. For business ...
Accounting tips for small businesses to keep the books balanced when getting bookkeeping services Malaysia
Keeping your company's books balanced is a vital aspect of running a business. And for an SME, it is even ...
You should know qualification to act as company secretaries if you are looking for secretarial services Malaysia
Appointing a Company Secretary KL or JB is a mandatory requirement within 30 days after the Certificate of Incorporation from ...
Wanting to find accounting service in Malaysia? You should know some fundamentals of capital budgeting first
Capital budgeting is the process of making investment decisions in long term assets, which involves measuring a project's potential risks ...
How to register a company Malaysia as a franchise business?
Without owning a particular brand, especially one that is well-recognised globally, local business owners, under agreed licensing conditions, can sell ...
Guide on company registration Malaysia as a home-based business
Running a business from home is not exactly something novel. But technological advances in recent years have boosted its development ...
Understand business lifecycle before you register a company Malaysia
Business operators who register company in Malaysia want their business operations to have lasting power, perpetuating into the future. However, ...
Accounting tips for franchise businesses when getting accounting service in Malaysia
Successfully operating a franchise requires more than complying with all the business terms stipulated by the franchiser. Keeping your franchise’s ...
Accounting firms providing bookkeeping services Malaysia should be able to help in job costing for construction to develop an accurate budget
Process Costing and Job Costing are two ways Construction and Manufacturing projects are priced.
Steps required to complete ...
Difference between cash and accrual accounting you should know before engaging bookkeeping services Malaysia
Accrual accounting is considered a more powerful tool for managing the finances of a business. But cash accounting is still ...
How to register a company Malaysia as a restaurant?
The vast ethnic diversity in Malaysia has made the country a food paradise, with a flourishing F&B industry featuring extensive ...
You need to know some inventory accounting fundamentals and get some help from accounting service in Malaysia
For retail business, your company's on-hand, unsold inventory has a cost value, which is likely higher than the company's cash ...
The difference between debt and equity finance your Malaysia accounting firm must be clear
When companies need to raise capital, for various reasons, they usually have a choice between two types of financing options: ...
How to register a company Malaysia as a hotel?
The Ministry of Tourism and Culture is the regulating authority for the tourism sector, more specifically, responsible for the issuance ...
Business budgeting and forecasting a company providing accounting service in Malaysia can help you improve
Starting and operating a business operation of any size requires budgeting and forecasting in order to keep the venture financially ...
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