Malaysia Accounting Service

With our professional accounting knowledge and experience in handling tax, we strive to provide our clients with a one-stop accounting, audit, and taxation service.

Hong Kong Accounting Auditing services

Malaysia Accounting Service

Maintaining proper accounting records is the responsibility of the Company Directors, who are often too engrossed in running their business to comply with this area, they rely on junior staff to prepare the financial reports. A company lodge financial statements which are fraudulent, section 593 of the Companies Act 2016 makes it an offence and prosecution action will be taken against errant companies and directors for lodging false and misleading statements to the Registrar. Hence, maintain proper accounting records and ensure financial statements prepared accordance with the approved accounting standards are crucial. 

Accounting outsourcing is allowing companies to reduce their overheads and have more effective cost management. The availability of professionally maintained and timely delivered accounts is important for the Company Directors to make the right business decisions to achieve higher profits and attract investors for business expansion. Most importantly, they do not have to worry about retaining and training employees for this matter.

Our services:

We offer a range of accounting services for companies who require proper financial statements for their annual reports, covering the following areas:

  • Preparation of a full set of accounts in monthly, quarterly, half-yearly or annually
  •  Maintenance of accounting books and records
  •  Issuing payment and receiving voucher
  • Preparation of monthly payroll and monthly submission for EPF/SOSCO/EIS/PCB
  • Preparation of Audit Schedules and liaising with auditor

 

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FAQs for Malaysia Accounting Service

No, you don’t have to hire an accounting firm in Hong Kong.

Outsourcing your accounting to a firm helps to ensure that your records are kept properly, and that you are protected in the scenario of an audit.

That’s why we always recommend setting up your business for success by hiring a professional agency.

While you technically do not need to combine your secretary and accounting, it is the simplest and most effective way to run your business, which is why most agencies offer both services in the same package.

Doing so will allow you to improve the efficiency of your business by keeping everything organized under one roof.

This means that when you get important letters from the government, the accounting firm will receive them, read them, and advise you on the best course of action.

This is especially vital when important documents are sent to you, such as the Business Registration Renewal Demand Note and tax letters like Employer’s Return or the Profits Tax Return.

Under the Companies Ordinance, all Hong Kong companies are required to prepare audited accounts annually.

Hong Kong Inland Revenue Department (“IRD”) also requires Hong Kong companies to submit Profits Tax Return together with Audited Financial Statements and Profits Tax Computation.

Our independent affiliate, Korchina TNC CPA Limited, is a registered CPA firm under HKICPA. Korchina TNC CPA Limited provides audits that are high-quality, well-priced, and (most importantly) that fulfill their legal and tax filing requirements.

Contact us now to hire accountancy services in Hong Kong.