Every company incorporated in Malaysia (sdn bhd), except for those large or public listed companies, will require external corporate secretarial services from the company secretarial firm.
The appointed company secretary will ensure the company complies with the Companies Act 1965 in Malaysia. Read more ›
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There are many of our clients raised the same question: Why my name do not appear in the SSM System after the shares has been transferred to me under my name?
Our clients will discover this fact when they do the printout (company profile) of their company from the SSM online system.
Our answer is: the SSM system will not show new shareholders’ names but the old shareholders’ names.
How can this be happened? Read more ›
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Many clients who came to our office have frequently raised this question: can I open bank account in Malaysia under new company?
Any company can open bank account with any bank in Malaysia subject to the respective banks’ requirements & policies. The directors are to liaise directly with the bank for application of opening bank account. Read more ›
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The Companies Act 1965 (the Act) states that every company must apply name search with SSM and obtain approval from Suruhanjaya Syarikat Malaysia (SSM) or the Minister of Domestic Trade, Co-operatives and Consumerism before a company is incorproated or before changing its company’s name to a new name.
The Section 22 of the Companies Act 1965 states that : Read more ›
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Dear Mr Sir,
Good day to you and wish you are well there.
You have given us some samples of your accounting reports via your previous email and you seek our confirmation whether those are acceptable in term of audit perspective and point of view.
We would like to share with you on our past experience dealing with a client who had requested the same from us: Read more ›
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We, as a company secretary, will normally request “bank-in slip” or “Deposit slip” from directors before proceed to prepare any relevant documents to increase the paid-up capital of the company.
We are unable to “HELP” the company to increase the paid-up capital without the produce of “bank in slip” from the directors. Read more ›
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To start a business in Malaysia is not an easy task, you need to minimise all business operational costs in order to record a profit for your business.
The very first thing you may come to your mind is you can handle all accounting and book-keeping matters for your business, since you believe you have enough knowledge to meet the requirement and produce a complete set of accounting reports.
Unless you have been in an employment to prepare a full set of accounts and possess the relevant experiences, you may find yourself going to a dead end corner where things are not going to your way as expected. Read more ›
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The following questions were frequently asked by our clients who are foreigners prior to the registration of their new companies in Malaysia:
1. I am foreigner and can I register company in Malaysia?
2. I was told I must have 2 local directors in Company if I want to register a company in Malaysia?
3. Do I need to have 2 Malaysians as directors or partners in my company? Read more ›
955 total views, 2 views today
My Company Identity Number (MyCoID) is the main component of the Business Registry System (BRS) under the National Registry System (NRS) development project introduced by Government. A Single Corporate Identity Number – MyCoID (My Company Identification) will be used to facilitate Business-to-Government (B2G) and Business-to-Business (B2B) transactions. Read more ›
116 total views, 1 views today
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