If you’re considering closing your Sdn. Bhd., it’s important to understand the two legal exit options under the Companies Act 2016 — Strike-Off and Voluntary Winding-Up. Here’s a quick comparison table to help you decide: ✅ Quick Comparison Table Item STRIKE-OFF VOLUNTARY WINDING UP Legal Provision s.550 CA 2016 s.439(1)(b) CA 2016 Resolution Needed ✅… Continue reading 🧾Company Closure in Malaysia: Strike-Off vs Voluntary Winding-Up — What’s the Difference?
Category: Company Secretary
SSM’s Extension of Time (EOT)
As a business owner in Malaysia, it’s crucial to be aware of the compliance requirements set by the Companies Commission of Malaysia (SSM). One such requirement involves the timely circulation and lodgement of your company’s financial statements. However, unforeseen circumstances might necessitate additional time. In such cases, SSM provides an avenue known as the Extension… Continue reading SSM’s Extension of Time (EOT)
8 Benefits of Forming a Sdn Bhd in Malaysia
8 Benefits You Don’t Want to Miss! Discover how forming an Sdn Bhd company in Malaysia can protect your assets, maximize tax savings, increase access to capital funding, streamline employee recruitment, and more. Don’t miss out on the opportunity to take your business to the next level and enjoy the many advantages of the Sdn Bhd corporate structure. Read on to learn more!
Shareholders Agreement
A Shareholders Agreement is the contract between the shareholders of the company to govern their manner and conduct, to define their rights, duties, and obligations inter in running the company.
Why are Written Contracts Important? Is It Safe to have Contract Drafted by Yourself?
We enter into contracts every day. Almost everything that we do from buying KFC and McDonald’s to buying clothes in clothing retail stores, to buying a property, is regulated by the law of contracts. A contract, in simple terms, is an agreement between two parties that is enforceable by law.
What is the registered office / registered address?
oration, every company shall inform SSM the location of its registered office within Malaysia by submitting the Form 44 to SSM.
Why Sdn Bhd easier to get Bank Loan?
Sdn Bhd need to comply with Companies Act, every year need to prepare Audited Financial Statement and submit to SSM.
Company earn RM 300,000, how much tax need to pay? Sdn Bhd vs Enterprise
If we take RM 300,000 as chargeable income , Sdn Bhd need to pay RM 51,000 Tax; whereas for Enterprise need to pay RM 59,150
Can use Sdn Bhd to hold property?
Can use Sdn Bhd to hold property?