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Q: How you charge the accounting fee and what are covered?
A: The accounting fee is charged according to the document volume, means more documents, the fee is higher. Quotation will be given after the person in charge view the documents required. We will produce Profit & Loss Account, Balance Sheet, Bank Reconciliation (if any) for the accounting period.
Q: How do you charge the audit fee as well?
A: The audit fee is charged according to the Guideline given by Malaysian Institute of Accounts (MIA).
Q: What is the advantages we engage you as our tax agent?
A: We are professional tax agent licensed by the Ministry of Finance. As such, we act according to the Income Tax Acts, Public Rulings and other Rulings that issued by Hasil. However, we are also act in the position of clients to think of the possibilities for the maximum tax saving from the allowances and incentives provided in the Acts and Rulings.
Q: How fast you can incorporate a private limited company (Sdn Bhd)?
A: We can incorporate a company including name reservation within 24 hours subject to the approval from SSM.
Q: What do I need to do next after incorporated a Sdn Bhd?
A: You need to apply for premise license from the local Town Council depending on the nature of business you are involved in. You are also required to register with Employee Provident Fund (EPF) and Social Security Organisation (SOCSO) should you engaging local employees. If you are foreigner, you are required to apply Employment Pass from the Immigration Department.
Q: When is GST and what are the implication?
A: Goods and Services Tax (GST) is a consumption tax in the form of value added tax. GST is charged on the taxable supply of goods and services made by a taxable person in the course or furtherance of business in Malaysia. If you neglect GST in the business, you may be fined due to late registration or incurred higher business cost.

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