Professional Documents
Culture Documents
Accounting Taxation Services
Accounting Taxation Services
ACCOUNTING SERVICES
REGULATOR MINISTRY OF FINANCE 1. BUSINESS 3. PREMISE
REGISTRATION
CPC CODE 82210, 82221, RENTING A PREMISE
SOLE PROPRIETORSHIP
82222, 82223, • If you are renting an existing
• Registering the public practice as a
82310, 82320, and 82400
sole proprietorship premise space, you are advised to
PROV. CPC 862 (Accounting/Audit) www.mia.org.my enter into a tenancy agreement.
CODE 863 (Tax)
PARTNERSHIP
RENOVATING A PREMISE
• Registering the public practice as a
ACT ACCOUNTANTS ACT 1967 partnership www.mia.org.my • You are allowed to renovate your
(ACT 94) premise, however it is subject to
Local Council’s approval. (Kuala
DEFINITION All firms in public practice are 2. PRINCIPAL APPROVAL Lumpur – www.dbkl.gov.my )
described as firms of
Chartered Accountants (CA) or CONSTRUCTING A BUILDING
Licensed Accountants (LA) and Application for Approval to establish a
• You are required to obtain
are registered as member firm Chartered Accountants or Licensed
Construction Approval from a Local
of MIA. Public practice Accountants firm is required from the
services include accounting, Council to construct a building.
Malaysian Institute of Accountants.
audit, liquidation, tax and You are also required to engage
www.mia.org.my
other related services. Professional Architects / Engineers
to facilitate the application. (Kuala
Lumpur – www.dbkl.gov.my )
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ACCOUNTING SERVICES
4. EMPLOYMENT 5. OPERATIONAL APPROVAL PUBLICATION PERMIT
• For producing and disseminating
flyers and catalogues to the
REGISTERING WITH GOVERNMENT WORK PERMIT public. www.moha.gov.my
AUTHORITIES • Expatriates - You can get Work
Once you have hired your staff, you Permit from Immigration ADVERTISEMENT LICENCE
Department. www.imi.gov.my • For premise signboard, lamp post
are required to register with:
• EPF (Employee Providence or outdoor display
PREMISE LICENSE advertisements, issued by the
Fund) – www.kwsp.gov.my • For using the premise local authority. (Kuala Lumpur–
• SOCSO (Social Security www.dbkl.gov.my www.dbkl.gov.my)
Organisation) –
www.perkeso.gov.my FIRE SAFETY INSPECTION
• For inspecting compliance of
• IRBM (Inland Revenue Board
premise to fire safety standards.
Malaysia) – notify new www.jbpm.gov.my
employee. www.hasil.org.my
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ACCOUNTING SERVICES
6. TAXATION PROPERTY TAXES
• You are required to pay
Assessment Tax at the Local
Council annually. (Kuala Lumpur -
www.dbkl.gov.my)
CORPORATE TAX • You are required to pay Quit Rent
• Your company is required to pay Tax to the Land Office annually.
corporate tax to IRBM (Inland (Kuala Lumpur -
Revenue Board of Malaysia). www.ptgwp.gov.my )
www.hasil.org.my
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AUDITING SERVICES
AUDITING SERVICES
REGULATOR MINISTRY OF FINANCE 1. BUSINESS 3. PREMISE
REGISTRATION
CPC CODE 82210, 82221, RENTING A PREMISE
SOLE PROPRIETORSHIP
82222, 82223, • If you are renting an existing
• Registering with SSM
82310, 82320, and 82400
www.ssm.com.my and MIA. premise space, you are advised to
PROV. CPC 862 (Accounting/Audit) www.mia.org.my enter into a tenancy agreement.
CODE
PARTNERSHIP
RENOVATING A PREMISE
• Registering with SSM
ACT ACCOUNTANTS ACT 1967 www.ssm.com.my and MIA • You are allowed to renovate your
(ACT 94) www.mia.org.my premise, however it is subject to
Local Council’s approval. (Kuala
DEFINITION All firms in public practice are 2. PRINCIPAL APPROVAL Lumpur – www.dbkl.gov.my )
described as firms of
Chartered Accountants (CA) or CONSTRUCTING A BUILDING
Licensed Accountants (LA) and Application for Approval to establish
• You are required to obtain
are registered as member firm an Audit firm is required from the
Construction Approval from a Local
of MIA. Public practice Malaysian Institute of Accountants.
services include accounting, Council to construct a building.
www.mia.org.my
audit, liquidation, tax and You are also required to engage
other related services. Professional Architects / Engineers
to facilitate the application. (Kuala
Lumpur – www.dbkl.gov.my )
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AUDITING SERVICES
4. EMPLOYMENT 5. OPERATIONAL APPROVAL PUBLICATION PERMIT
• For producing and disseminating
flyers and catalogues to the
REGISTERING WITH GOVERNMENT WORK PERMIT public. www.moha.gov.my
AUTHORITIES • Expatriates - You can get Work
Once you have hired your staff, you Permit from Immigration ADVERTISEMENT LICENCE
Department. www.imi.gov.my • For premise signboard, lamp post
are required to register with:
• EPF (Employee Providence or outdoor display
PREMISE LICENSE advertisements, issued by the
Fund) – www.kwsp.gov.my • For using the premise local authority. (Kuala Lumpur–
• SOCSO (Social Security www.dbkl.gov.my www.dbkl.gov.my)
Organisation) –
www.perkeso.gov.my FIRE SAFETY INSPECTION AUDITING LICENSE
• For inspecting compliance of • If you plan to provide auditing
• IRBM (Inland Revenue Board
premise to fire safety standards. services, you need to obtain a
Malaysia) – notify new www.jbpm.gov.my
employee. www.hasil.org.my license from MOF.
www.mof.gov.my
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AUDITING SERVICES
6. TAXATION PROPERTY TAXES
• You are required to pay
Assessment Tax at the Local
Council annually. (Kuala Lumpur -
www.dbkl.gov.my)
CORPORATE TAX • You are required to pay Quit Rent
• Your company is required to pay Tax to the Land Office annually.
corporate tax to IRBM (Inland (Kuala Lumpur -
Revenue Board of Malaysia). www.ptgwp.gov.my )
www.hasil.org.my
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TAX AGENT SERVICES
TAX AGENT SERVICES
REGULATOR MINISTRY OF FINANCE 1. BUSINESS 2. PRINCIPAL APPROVAL
REGISTRATION
CPC CODE 82210, 82221,
If you a member of MIA Application for Approval to establish
82222, 82223,
SOLE PROPRIETORSHIP an Tax Agent firm is required from the
82310, 82320, and 82400
• Registering with MIA. Malaysian Institute of Accountants.
PROV. CPC 862 (Accounting/Audit) www.mia.org.my
www.mia.org.my
CODE
PARTNERSHIP
• Registering with MIA
ACT ACCOUNTANTS ACT 1967 www.mia.org.my
(ACT 94)
INCOME TAX ACT 1967 If you are non-member of MIA
DEFINITION All firms in public practice are SOLE PROPRIETORSHIP
described as firms of • Registering with SSM
Chartered Accountants (CA) or www.ssm.com.my
Licensed Accountants (LA) and
are registered as member firm PARTNERSHIP
of MIA. Public practice • Registering with SSM
services include accounting, www.ssm.com.my
audit, liquidation, tax and
other related services. COMPANY
• Registering with SSM
www.ssm.com.my and MIA
www.mia.org.my
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TAX AGENT SERVICES
3. PREMISE 4. EMPLOYMENT 5. OPERATIONAL APPROVAL
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TAX AGENT SERVICES
5. OPERATIONAL APPROVAL 6. TAXATION PROPERTY TAXES
• You are required to pay
(continue ..) Assessment Tax at the Local
Council annually. (Kuala Lumpur -
PUBLICATION PERMIT www.dbkl.gov.my)
CORPORATE TAX • You are required to pay Quit Rent
• For producing and disseminating
• Your company is required to pay Tax to the Land Office annually.
flyers and catalogues to the public.
corporate tax to IRBM (Inland (Kuala Lumpur -
www.moha.gov.my
Revenue Board of Malaysia). www.ptgwp.gov.my )
www.hasil.org.my
ADVERTISEMENT LICENCE
• For premise signboard, lamp post
INDIVIDUAL / EMPLOYEE INCOME
or outdoor display advertisements,
TAX
issued by the local authority.
• You are required to facilitate your
(Kuala Lumpur– www.dbkl.gov.my)
employees’ income tax with IRBM.
www.hasil.org.my
TAX AGENT LICENSE
• If you plan to provide tax agent
SERVICE TAX LICENCE & SERVICE TAX
services, you need to obtain a
• You may be required to apply for a
license from MOF.
Service Tax Licence from Royal
www.mof.gov.my
Malaysian Customs Department.
The service tax collected must be
paid to Customs.
www.customs.gov.my
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