Review fixed allowances vs reimbursements (and receipt policies), benefits-in-kind (car/phone/accommodation), director remuneration structure (fees vs salary vs dividends), and employee vs contractor classification. Ensure payroll codes, payslip labels, and accounting postings reflect [...]
Implement basic month-end controls: monthly bank reconciliations, locked invoice numbering, clean vendor/customer master data, and a revenue-by-invoice listing that ties to the ledger. Prepare an “audit pack” approach so you can retrieve [...]
Common issues include bundling taxable and non-taxable items on one line, using vague descriptions (“consulting services”) for everything, unclear treatment of reimbursements vs disbursements, and weak credit note controls. Customs reviews often [...]
Even before you’re required to submit e-invoices, you benefit by standardising customer master data (legal name, address, IDs), item/service descriptions, and tax codes now. This reduces rework later and helps you produce [...]
Prioritise anything that changes (1) invoice data fields and descriptions, (2) SST classification and evidence, and (3) payroll items that affect tax treatment (allowances, BIK, director pay). These areas create the most [...]
It can be feasible for genuine key roles if the job scope, remuneration, and business rationale are well-documented and the employing entity appears operationally credible. Because requirements and practices can change, it’s [...]
You’ll want standard offer letter templates, a clear salary component policy (allowances, overtime, service charge/tips if applicable), employee master data controls, and a payroll calendar with approval workflow. Registering and running EPF/SOCSO [...]
Common delays include incomplete beneficial ownership disclosures, unclear business models, unsupported high turnover projections, or missing supporting documents (lease, contracts, forecast tied to capacity). Preparing a consistent bank onboarding pack—aligned to your [...]
Many operating businesses choose a Sdn Bhd for clearer contracting, local hiring, and liability ring-fencing. A branch can work for certain established foreign corporations, but it may come with different reporting expectations [...]
Ideally, incorporate months before your target opening so you have buffer for bank account opening, licensing queues, payment gateway onboarding, and early hiring setup. A practical approach is to work backwards from [...]
