How to Apply for An ICT License in Malaysia
Are you thinking about setting up a company in the ICT industry in Malaysia? Well, have you heard of MSC Malaysia? 📡 It’s Malaysia’s national ICT initiative designed to attract world-class technology companies while grooming the local ICT industry. 🧑🏻‍💻 You can get a head start in the digital industry by applying for an ICT […]
Can a Dependant Pass Holder Start a Business in Malaysia?
Did you know that foreigners who are in Malaysia for employment or studies are allowed to bring their family members with along via the Malaysian Dependent Pass. Not just that, the Malaysian Immigration Department allows spouses on a Dependent Pass to get a job locally after obtaining an endorsement in their passport đź“ť But what […]
5 steps to Start an Online Business in Malaysia
đź’» The future of commerce is here and it’s definitely here to stay. If you are thinking about starting an online business, go for it but make sure to take note of the 5 simple steps which we have highlighted below đź“ť If you have any questions or need professional assistance, feel free to reach […]
Company Resolutions in Malaysia│Why Is It Important
While the Board of Directors make important business decisions and approve actions for the company, it’s important to take note of everything and have a written document or statement – which is what we refer to as resolutions đź“ť Company resolutions are not just for recording purposes during a board meeting, but it will help […]
Core Duties of a Company Secretary in Malaysia
Most of our clients agree that a company secretary is arguably the backbone of the company – responsible for all administrative tasks as well as statutory and regulatory compliance-related matters đź“‘ If you still have any doubt on the importance of appointing a company secretary, know this – in Malaysia, it’s actually a legal requirement […]
The Advantages & Disadvantages of a Partnership
What’s the most common and simplest business entity in Malaysia? Partnership! You can easily go into business with another person without the perceived formality of a limited company 👍🏻 Not just that, a partnership is also great for financing, expertise, and shared responsibility 👎🏻 BUT, don’t forget about the disadvantages like partner liability and conflicts […]
Changing the Name of a Malaysian Company
What happens when your company name is no longer suitable for your latest venture or new target audience? 🤔 You can actually CHANGE IT! Check out the pros and cons, procedure and some important tips to get you started. Why Should a Company Change Its Name? A change of management and shareholders The Company product […]
What Would Happen If Directors Breach Their Duty?
“I think there has been a breach of responsibility by one of the directors in my company. What should I do?” Well, the first step is to seek professional advice and conduct further investigation đź“„ Fortunately, the Malaysian law places a safeguard to protect the shareholders against any negligent or errant directors. In Malaysia, a […]
What Solicitors Need to Know: Duties of Accountant Before Signing The Accountants Report
⚖️ Attention to all solicitors! As the date is approaching for you to submit the Accountant’s Report to the Bar Council, we have put together this guide to provide more information on the Reporting Accountant’s responsibilities and procedures when preparing an accountant’s report đź“ť Find out what are the key documents and items that will […]
Everything You Need to Know About Setting Up a Foreign Branch Office in Malaysia
đź’Ľ Foreigner looking to set up a company in Malaysia 🗺️ Foreign business looking to expand operations to Malaysia If you can relate to any one of the situations above, you should consider setting up a branch office in Malaysia – which is basically another type of foreign business option available for those who intend […]