How to qualify for Audit Exemption in Malaysia? (with Example)

Background of Audit Exemption in Malaysia If you are the owner of a Private Company (Sdn Bhd) you will know exactly how much work is involved in preparing your annual audited report. If you are not aware, please see our article HERE. In short, a Private Company must appoint an auditor for each financial year of Read more about How to qualify for Audit Exemption in Malaysia? (with Example)[…]

Paid Up Capital

What is Paid-Up Capital in Malaysia?

What do you need to know about Paid-Up Capital? As usual, most of the contents that we publish originates from real questions asked by real clients. So today, we will be explaining to you about Paid-Up Capital in the easiest way we know how. Disclaimer: This content is only applicable when you set up a Company (Sdn Read more about What is Paid-Up Capital in Malaysia?[…]

Incorporation: Basic on How to Prepare for Annual Compliance Requirement for Private Limited Company (Sdn Bhd)

A Private Limited Company (Sdn Bhd) is commonly the preferred form of business for new start-ups and SMEs to conduct business in Malaysia, mainly because of the ability to conduct equity fundraising. The main reason I prepared this article is because I discovered that most (if not all) reading materials available online only mention WHAT is the Read more about Incorporation: Basic on How to Prepare for Annual Compliance Requirement for Private Limited Company (Sdn Bhd)[…]

Registration of Business in Malaysia: Limited Liability Partnership

(Find out what I think about setting up a Limited Liability Partnership (LLP) in my article on How To Choose Suitable Business Entity) Did I not say don’t go for LLP yet? Anyways for academic purposes, here is how you can go about it: Limited Liability Partnership (LLP) Go to Suruhanjaya Syarikat Malaysia (SSM) a.k.a Companies Commission of Malaysia Read more about Registration of Business in Malaysia: Limited Liability Partnership[…]

3 Types of Business Setup in Malaysia

Why do you need to register a business? It is important to register your business based on the common types of business setup in Malaysia because conducting business without registration is an offence which is punishable with fine  or imprisonment. But more importantly, running an unregistered business also means that your business is illegal and Read more about 3 Types of Business Setup in Malaysia[…]

Incorporation: Choosing Your Company Secretary for Private Limited Company

(Please read DIY Registration / Incorporation of Private Limited Company (Sdn. Bhd.) to have a better background understanding before reading this article) In Malaysia for the longest time it is a standard practice to engage Certified Company Secretary (such as myself – I paid myself for this paid advertisement) to incorporate a Private Limited Company (Sdn. Bhd.) on Read more about Incorporation: Choosing Your Company Secretary for Private Limited Company[…]

How to Setup a Company in Malaysia (i.e. Sdn Bhd Company)

We have assisted numerous local and foreign startup, social enterprise, SME and MNC to setup a Company in Malaysia. If would like to know more on how we can help you, drop us an email at fareez@fareezlaw.com or call +6017-2745203. Latest update on Setting up a Company in Malaysia (Sdn Bhd Company) Did you know that pursuant to the Read more about How to Setup a Company in Malaysia (i.e. Sdn Bhd Company)[…]

WHY TAKING TOO MUCH INVESTMENT MONEY IS BAD FOR FOUNDERS?

I’ve been having multiple meetings with startup founders and I discovered that they are taking too much Investment Money – only to have me tell them DON’T TAKE TOO MUCH. (At this point I will normally get the “I think Fareez has lost his marbles” look) What I’m about to tell you is probably not covered Read more about WHY TAKING TOO MUCH INVESTMENT MONEY IS BAD FOR FOUNDERS?[…]

What Founders Need to Know About Startup Valuation?

How Does a Startup Valuation Work? I’ve often been asked this question by some Founders – “Bro/Fareez/En.Fareez /Sir<—WHAT!!!, How do I value my startup?” and my usual response would be “not a clue/I don’t know/magic/pick a number”. This is because there are various formulas or methods out there to value a Startup, to which due to Read more about What Founders Need to Know About Startup Valuation?[…]

TERM SHEET PART1: WHAT FOUNDERS NEED TO KNOW ABOUT TERM SHEET?

Term Sheet seems to be the word to sweep any Startup Founders off their feet and make their knees weak. Most will start seeing the phantom $$ sign floating right before their eyes and the sound *cha ching* ringing in their ears playing in a loop (okay I’m exaggerating, it is actually because their business idea gets validated… Yeay! Read more about TERM SHEET PART1: WHAT FOUNDERS NEED TO KNOW ABOUT TERM SHEET?[…]