Category: Information

Doctor Opening a Clinic in Malaysia? Here’s When You Need a Sdn Bhd for Equipment Financing

To buy dental chairs, ultrasound machines, laser devices, or other big-ticket clinic equipment on financing, you’ll need a Sdn Bhd (private limited company), not a sole proprietorship. Banks in Malaysia typically require the company structure itself, joint guarantees from directors, and audited financial statements before approving equipment loans for a clinic. This article explains exactly… Continue reading Doctor Opening a Clinic in Malaysia? Here’s When You Need a Sdn Bhd for Equipment Financing

How to Switch Company Secretary in Malaysia: A 7-Step Handover Checklist

Switching your company secretary in Malaysia involves seven things: a board resolution, a resignation letter from the outgoing secretary, a formal appointment of the replacement, a document handover, fee confirmation, a Section 58 notification lodged with the Companies Commission of Malaysia (SSM) within 14 days, and a final records check. The whole thing sounds bureaucratic,… Continue reading How to Switch Company Secretary in Malaysia: A 7-Step Handover Checklist

Late Annual Return to SSM: Penalties, Deadlines and How to Fix It Fast

Miss your SSM (Suruhanjaya Syarikat Malaysia, the Companies Commission of Malaysia) Annual Return deadline and you pay a tiered late fee starting at RM50. Wait longer and the penalty climbs to RM200. Ignore it for years and SSM can strike your company off the register entirely. The fix is straightforward: file the overdue Annual Return… Continue reading Late Annual Return to SSM: Penalties, Deadlines and How to Fix It Fast

Lindung 24 Jam (SKBBK): Stay In or Opt Out? Complete Guide for Employees & Employers (2026)

Updated based on PERKESO’s latest FAQ, dated 15 July 2026 Starting from June 2026, employees in Malaysia may notice a new deduction on their payslip — Lindung 24 Jam (SKBBK). Many employees and employers have questions about this new PERKESO protection scheme: This guide explains everything you need to know about Lindung 24 Jam, including… Continue reading Lindung 24 Jam (SKBBK): Stay In or Opt Out? Complete Guide for Employees & Employers (2026)

SSM Reminder: Failure to Display Business Registration Certificate Can Result in a Fine of Up to RM2,000!

The Companies Commission of Malaysia (SSM) has reminded all business owners that they are required to publicly display their Business Registration Certificate (Sijil Perakuan Pendaftaran Perniagaan) at a visible area within their business premises. Failure to do so may result in fines, imprisonment, or both. In a social media post, SSM stated that every business… Continue reading SSM Reminder: Failure to Display Business Registration Certificate Can Result in a Fine of Up to RM2,000!

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)