Company Secretary Mandatory in Malaysia
A company secretary is mandatory for all companies registered in Malaysia. This is a legal requirement under the Companies Act 2016.
The company secretary plays a crucial role in ensuring that the company complies with all legal and regulatory requirements. Their responsibilities include:
Maintaining statutory records and registers
Advising the board of directors on corporate governance matters
Preparing and filing necessary documents with the Companies Commission of Malaysia (CCM)
Acting as a liaison between the company and regulatory authorities
The company secretary must be a natural person, at least 18 years old, and a Malaysian citizen or permanent resident. They must also be a member of a professional body recognized by the CCM.
How Bestar Can Help Your Business
Bestar is a professional services firm that offers a wide range of corporate services to businesses in Malaysia. Our expertise spans areas such as company incorporation, accounting, auditing, taxation, and corporate secretarial services.
Here's how Bestar can assist your business:
Company Incorporation and Registration
Guidance: We can guide you through the entire process of forming a company in Malaysia, ensuring compliance with local regulations.
Documentation: We can help prepare the necessary documents and applications for company registration.
Accounting and Bookkeeping
Accurate Records: Bestar can maintain accurate and up-to-date financial records for your business.
Financial Reporting: We can prepare financial statements, including profit and loss accounts and balance sheets.
Taxation
Tax Compliance: We can assist with tax planning and ensure that your business complies with all relevant tax laws.
Tax Returns: Bestar can prepare and file your business tax returns.
Corporate Secretarial Services
Legal Compliance: We can help you maintain compliance with corporate governance regulations.
Secretarial Duties: We can handle tasks such as preparing board meeting minutes and maintaining statutory records.
Other Services
Business Advisory: Bestar can provide strategic advice on various business matters.
Human Resources: We can offer HR services such as payroll processing and recruitment.
In essence, Bestar can help your business streamline its operations, reduce costs, and ensure compliance with local regulations. By outsourcing these essential services to a professional firm like Bestar, you can focus on growing your business and achieving your goals.
For more specific information or to discuss your business needs, you can visit our website or contact us directly.
Comments