How long does an Audit usually take?
Depending on volume and complexity of transactions, an audit can take a few weeks for SMEs or months in complex cases.
Depending on volume and complexity of transactions, an audit can take a few weeks for SMEs or months in complex cases.
All accounting records and Financial statements in XBRL format of reporting based on the Malaysian Financial Reporting Standards (MFRS) and Malaysian Private Entities Reporting Standards issued by MASB under the Financial Reporting [...]
As long as all documents are in order and all legal requirements are met, the incorporation process should take between one to two weeks.
No, a Labuan Company does not require a director who is ordinarily resident in Malaysia
Generally, no. For a foreigner to be a sole director and shareholder, the foreigner will need be ordinarily resident in Malaysia. That means the foreigner must have the right to reside in [...]
Yes, the Holding Company can be 100% foreign owned but are subjected to certain trade limitations.
An Investment Holding Company (IHC) structure is setup for the purpose of holding investments and derives more than 80% of its gross income from these investments. The taxation for an IHC is [...]
Yes, a Holding Company may own another Holding Company. The owned Holding Company is known as an Immediate or Intermediate Holding Company. A Holding Company may not own a Sole Proprietorship.
No, Holding Company structure can be adopted by small businesses. For example a family-owned Private Limited Company who has a property to rent, setup as one subsidiary and a restaurant operating in [...]
No, the Holding Company structure is different based on different needs of the business in question. The Holding Company could be purely operating as a company holding investments in other companies or [...]