Sendirian Berhad (Sdn Bhd) / Private Limited Company Company Limited by Guarantee Sendirian (Sdn)Sole Proprietorship / Unlimited Company Berhad (Bhd) / Public Limited Company Foreign Company Perkongsian Liabiliti Terhad (PLT) / Limited [...]
The process could take up to [5-10 working days] upon submission of documents. However, the mentioned is the ideal timeline where the actual progress could have delay due to several factors (i.e., [...]
Yes, foreigners can incorporate and fully own a Malaysian Sdn Bhd. However, according to the Malaysian Companies Act of 2016, your company must have at least 1 director with a residential address [...]
Yes, you can apply for your visas while overseas. It is best to have a representative residing in Malaysia to assist as the authorities might specifically request to view hard copy documents [...]
Expatriates are not allowed to apply for their own immigration passes. The application must be done by the employer.
For expatriate employment passes and work visas, you need to obtain approval through ESD before applying for passes at the immigration office.
All companies are required to comply with keeping accounting records and preparing financial statements in compliance with approved accounting standards before lodging it with the Companies Commission of Malaysia (SSM).
Depending on your volume of activity, some companies do daily, weekly, monthly or even yearly accounting. As long come the company’s financial year end, there is reasonable accuracy achieved in compiling accounts [...]
Companies in Malaysia must follow the Malaysian Financial Reporting Standards (MRFS) framework that was introduced by the Malaysian Accounting Standards Board (MASB).
You should start after your financial year end. The deadline for filing of your annual returns with audited financial statements is within 18 months from the date of incorporation and 6 months [...]
