Accounting Services in Malaysia

Stay focused on growing your business while we handle your accounting. With our dependable accounting services, you can confidently run your business in Malaysia, knowing your financial records are accurate, up to date, and well-maintained. Our services are scalable and can be tailored to support your business as it expands.

Services We Offer

Bookkeeping Services

Assist in maintaining your company’s monthly bookkeeping based on approved payment vouchers, claim forms, bank statements, deposit slips, bank credit and debit advice, and other accounting source documents provided by management.

Statutory Financial Statements

Under Malaysian law, all companies must prepare their financial statements annually in the prescribed format at the end of the fiscal year. These statements must be presented at the company’s AGM and serve as the foundation for preparing the annual tax return. We can generate the financial statements using the monthly or quarterly accounts we have prepared or based on your existing financial records.

Consolidation Support

We provide assistance in preparing consolidated financial statements for businesses with multiple subsidiaries or entities. This involves combining the financial statements of a parent company and its subsidiaries into a unified report, ensuring compliance with Malaysian Financial Reporting Standards (MFRSs) or Malaysian Private Entities Reporting Standards (MPERS). It includes intercompany reconciliation, elimination of intra-group transactions, minority interest adjustments, and financial reporting to present a comprehensive financial position.

Tax Compliance

We are a licensed tax firm that provides corporate and personal tax compliance services.

Corporate Tax Compliance:

  • Corporate tax registration
  • Corporate tax e-filing registration & submission
  • Preparation of profit estimate for the completion of CP204 or CP204A Form
  • Monthly tax payment CP207 to IRB
  • Annual corporate income tax filing assistance
  • Withholding tax filing assistance
  • Sales and Services Tax (SST) Services

Personal Tax Compliance:

  • Personal income tax return

Annual Auditing

Audit services in Malaysia can be categorized into Statutory Audit, Financial Audit, Forensic Audit, Compliance Audit, Internal Audit, External Audit, and more. Our team will assess whether your company is required to undergo an audit under Malaysian law. If an audit is necessary, we will collaborate closely with the auditors, providing essential schedules, supporting documents, and responses to their inquiries, ensuring minimal disruption to your business operations.

Back-office Accounting

We can streamline your back-office operations, including bookkeeping, accounts payable processing, sales invoicing, bank and account reconciliation, payroll management, employee expense claim processing, and more.

File format (XBRL) Conversion

Certain companies are required to convert their financial statements into XBRL format for filing with the Suruhanjaya Syarikat Malaysia (SSM). XBRL can help businesses: 

  • Comply with SSM requirements
  • Reduce manual errors
  • Improve transparency
  • Compare across industries
  • Analyze data quickly
  • Ensure better data quality and data integrity
  • Report more clearly and accurately