Yes, thatās correctābut only if your company meets the new audit exemption thresholds introduced by SSM! Download the SSM guide HERE This game-changing policy could save thousands on audit fees for eligible SMEs. However, companies still need to: 1ļøā£Ā SubmitĀ Unaudited Financial Statements (UAFS)Ā to SSM annually (MBRS submission fee, estimated cost: RM 1,000)Ā 2ļøā£Ā Tax filing : submit Form C to LHDN using… Continue reading šØĀ Sdn Bhd Companies No Longer Need Auditors?Ā šØ
Category: Information
Malaysia Public Holiday and School Holiday Dates Every Business Owner Needs to Know!
Are you a business owner planning your next move? Whether itās preparing for a personal getaway, scheduling your operations or launching a seasonal promotion, knowing the exact public and school holiday dates is key to staying ahead. Avoid surprises like peak travel chaos or unexpected downtime by syncing your business plans with the 2024ā2025 holiday… Continue reading Malaysia Public Holiday and School Holiday Dates Every Business Owner Needs to Know!
Did you know that breaching trust as a director could land you in jail or even face caning?
Recently, I attended a court session where a company director was charged under Section 409 of the Malaysian Penal Code. He faces a minimum of 2 years in jail, mandatory caning, and fines. This is the harsh reality directors face when breaching the immense trust placed in them. So, What Is Section 409? As a… Continue reading Did you know that breaching trust as a director could land you in jail or even face caning?
Are You Sure You’re Issuing e-invoices the Right Way?
Are You Sure You’re Issuing e-invoices the Right Way? Here’s how to get it right with e-invoicing. The digital transformation of invoicing is no longer a future concept. Itās happening now! The Malaysian government has already started implementing e-invoicing in phases, making it mandatory for businesses to transition to digital invoicing. For businesses still relying on traditional… Continue reading Are You Sure You’re Issuing e-invoices the Right Way?
š§³Running a Travel Business? Hereās How to Get Licensed with MOTAC! āļø
If you’re planning to operate a tour or travel agency in Malaysia, getting licensed by the Ministry of Tourism, Arts and Culture (MOTAC) is essential. Here’s a simplified, step-by-step guide to help you navigate the licensing processāā especially for foreign entrepreneurs or businesses. šStep 1: Register Your Company Start by incorporating a Sdn. Bhd. (private… Continue reading š§³Running a Travel Business? Hereās How to Get Licensed with MOTAC! āļø
How to Establish and Set Up a Private Dental Clinic in Malaysia
Thinking of starting your own dental clinic in Malaysia? Our guide breaks down the key steps and essential information to help you set up smoothly and compliantly. Dive in to get a clear roadmap for your dental business journey!
Setting Up a New Private Limited Company: What Should You Consider?
Doing business in Malaysia, like in many other countries, can be intricate due to various factors such as regulatory environment, taxation system, etc. It is common for businessmen to set up a Sdn Bhd (private limited company) for running their businesses in Malaysia. However, do you know what you need to consider and carefully look… Continue reading Setting Up a New Private Limited Company: What Should You Consider?
Winning MYHackathon 2020: Boss Boleh aims to improve the efficiency of government services
Businesses flourish with innovative ideas and effective solutions, and they donāt come from a single place. This can be proved through the events that had occurred at MYHackathon 2020, a Pelan Jana Semula Ekonomi Negara (PENJANA) programme hosted by Cradle Fund. It is an initiative aimed to address national difficulties in servicing residents. What happens… Continue reading Winning MYHackathon 2020: Boss Boleh aims to improve the efficiency of government services
Registering Your Sdn. Bhd. at A SSM Counter
What is needed to form a Sdn. Bhd.? For a company to run, the minimum requirement in Malaysia is having at least 1 director and 1 shareholder (same entity eligible) to incorporate the company. Apart from that, a few other criteria are required to be checked off. Only 18 years old and above are eligible … Continue reading Registering Your Sdn. Bhd. at A SSM Counter
Registering Sdn. Bhd. Online through Boss Boleh
Do you know all the important elements that are needed before registering your Sdn. Bhd. business? Donāt worry, weāve got you covered. We have put together a list of 5 key factors to address before starting your business just for you. Read our full article here. Why a company secretary? Letās say you are new… Continue reading Registering Sdn. Bhd. Online through Boss Boleh