A Comprehensive Guide to Company Incorporation in Malaysia Malaysia is a thriving hub for business opportunities, attracting entrepreneurs from around the globe. Whether you’re a local entrepreneur or an international investor, understanding the process of company incorporation in Malaysia is crucial for establishing a successful business. This guide, brought to you by Consistant Info, will […]
The Ultimate Guide to Setting Up a Limited Liability Partnership (LLP) in Malaysia Starting a business in Malaysia comes with several options for legal structures, but one that stands out for many entrepreneurs is the Limited Liability Partnership (LLP). An LLP offers the benefits of a partnership while providing the protection of limited liability, […]
A Comprehensive Guide to Company Winding Up in Malaysia Winding up a company in Malaysia is a complex process that requires careful planning, legal compliance, and thorough execution. Whether you’re dealing with insolvency or simply looking to close a solvent company, understanding the different types of winding up and their associated procedures is crucial. This […]
Tax Deduction for Secretarial and Tax Filing Fees Effective from Year of Assessment (YA) 2022 Tax Consideration Treatment of Fees Incurred Before YA 2020: Fees incurred before YA 2020 that have not been paid and for which tax deductions have not been claimed are no longer deductible from YA 2022 onwards. Treatment of Fees Incurred […]
Why Digital Company Secretarial Services Are Essential: A Guide by Consistant Info In today’s rapidly evolving business landscape, the role of a company secretary has transformed significantly. Digital company secretarial services are no longer just a convenience; they are essential for businesses striving to stay compliant and competitive. Consistant Info is at the forefront […]
How Can I Get a Business Registration Certificate in Malaysia? Introduction to Business Registration in Malaysia Starting a business in Malaysia involves several critical steps, with obtaining a business registration certificate being one of the most important. This certificate, issued by the Companies Commission of Malaysia (Suruhanjaya Syarikat Malaysia or SSM), is a legal […]
How to Register SSM Online in Malaysia Registering your business with the Companies Commission of Malaysia, or Suruhanjaya Syarikat Malaysia (SSM), is a crucial step for any entrepreneur aiming to establish a legal and recognized business entity in Malaysia. The SSM acts as the regulatory body overseeing corporate and business affairs, ensuring that all businesses […]
Roles, Responsibilities, and Liabilities of Nominators and Nominee Directors in Malaysia The roles of nominators and nominee directors are critical in the corporate governance landscape, particularly under Malaysia’s Companies Act 2016. Understanding their responsibilities and potential liabilities is essential for maintaining compliance and ensuring effective corporate governance. Who is a Nominator? A nominator is […]
Understanding Nominee Directors Under Malaysia’s Companies Act 2016: Duties, Liabilities, and Best Practices In the complex landscape of corporate governance, the role of a nominee director often raises important questions regarding responsibilities, obligations, and potential liabilities. Under Malaysia’s Companies Act 2016, specific provisions address the duties of nominee directors, ensuring that they act in the […]
Why You Need a Tax Consultant in Malaysia? Navigating the complex landscape of tax regulations in Malaysia can be daunting for both individuals and businesses. As the country continues to develop its tax system, staying compliant while optimizing tax liabilities has become increasingly challenging. This is where the expertise of a professional tax consultant in […]
Differences Between Enterprise and Sdn Bhd for Business Owners in Malaysia A common dilemma for entrepreneurs in Malaysia is whether to register their business as an enterprise or to incorporate it as a Sdn Bhd (Sendirian Berhad). Many start with an enterprise and later transition to a Sdn Bhd as their business grows. If you’re […]
SSM Registration Malaysia: An In-Depth Guide for New Businesses In Malaysia, it’s mandatory for all businesses to register with the Companies Commission of Malaysia, known as Suruhanjaya Syarikat Malaysia (SSM). This process not only legitimizes the business but also ensures adherence to local regulations. It is crucial for entering into contracts with banks, government agencies, […]