Congratulations, you have just been appointed as a director of a company! Now that you are one, ever wonder what can you do and what you can’t? With great power comes great responsibility. Being a company director comes with all the glamour and perks, but so does responsibilities. Let us help you navigate through the Read more about The Do’s and Don’ts of a Company Director[…]
Learn about the different types of winding up in Malaysia and the general procedures involved in each type of winding up. Winding up is a term used to describe the process of closing down or dissolving a company. The winding up activity includes selling all assets, paying off creditors, and distributing the remaining assets to Read more about Winding Up 101[…]
A general overview to the Wholesale Retail Trade (WRT) License along with a checklist of the documents you will need for WRT license application. WHAT IS A WRT LICENSE? A Wholesale Retail Trade (WRT) license a business license applicable to foreign-owned company intending to engage in distributive trade services in Malaysia. A foreign-owned company is Read more about Wholesale Retail Trade (WRT) License[…]
A general observation on the changes made in the statutory documents in the Malaysian Companies Act. The previous Companies Act, i.e. Companies Act 1965 (“the 1965 Act”) was replaced by the current Companies Act 2016 (“the 2016 Act”) which came into force on the 31st of January, 2017. The changes were made to simplify a Read more about Statutory Documents post Companies Act 2016[…]
How to Deregister or Strike Off Company in Malaysia? How to Start with the Strike Off Process? Find our more in our article!
When to Adopt? Is it Mandatory?
Find out what is a shareholder in Malaysia and how is a shareholder different from a director. We will also cover some of the basic rights of a shareholder.
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)[…]
Learn about paid up capital in Malaysia. Find out if there is actually minimum requirement.
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)[…]