Forming an Alliance
单打独斗 vs 抱团取暖 Not easy to work as a small practitioner or freelancer. Too many client not enough resources; Too much resources but...
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CNPS GROUP
Company Secretary; Tax Advisory; Business Advisory
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cnpsgroup
- Apr 8
- 1 min
Use a 'Sdn Bhd' to collect rental
Received a call from stranger today at 2:20pm while waiting for my lunch to be served. A long chat, 34 miniutes, mostly listen as caller...
142 views0 comments
cnpsgroup
- Apr 8
- 2 min
Notice to Board of Director - Companies (Amendment) Act 2024
Subject: Important Notice: Directors' Roles and Responsibilities under the Companies (Amendment) Act 2024 Dear Director, I hope this...
91 views0 comments
cnpsgroup
- Apr 7
- 1 min
LLP and Resolution
Do we need to prepare written resolution if we are not a SDN BHD but just a LLP? A written resolution, signed and approved by the...
19 views0 comments
cnpsgroup
- Apr 6
- 1 min
E-Invoicing (by LHDN)
Latest update 6 April 2024 E-Invoice Guideline ver 2.3 E-Invoice Specific Guideline ver 2.1 FAQ issued by LHDN in Feb 2024 FAQ for...
217 views0 comments
cnpsgroup
- Apr 5
- 1 min
Beneficial Owner
What you need to know? Effective April 2024, new Section 60A to Section 60E of Companies Act 2016 ("the Act") requires the Company (i.e....
31 views0 comments
cnpsgroup
- Apr 4
- 1 min
Tax Clearance Letter
In Bahasa is SPC, Surat Penyelesaian Cukai. For Partner to winding up LLP, must first obtain SPC from LHDN. MyTax is the centralised...
5 views0 comments
cnpsgroup
- Nov 25, 2023
- 1 min
Your C.F.O.
Re-Branding ourselves as Your Compliance Friendly Officer. Of course, we professionally trained chartered accountant, had exposures in...
6 views0 comments
cnpsgroup
- Nov 20, 2023
- 1 min
CGT - Capital Gain Tax
New tax from 2024 Background: Announced in Budget 2024 Timeline Effective 1st March 2024 Who is Chargeable Person (i.e. to pay CGT)?...
19 views0 comments
cnpsgroup
- Jul 27, 2023
- 2 min
Tax Penalty For Tax Return
Tax Return (and Payment, if applicable) Example: For a Sdn Bhd with financial year ended January 31, 2023, the Tax return (Form C) will...
31 views0 comments
cnpsgroup
- Jun 19, 2023
- 2 min
ChatGPT can be company secretary?
Below is reply received when we ask "In Malaysia, procedure to redeem preference shares", how accurate is it? To redeem preference shares...
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cnpsgroup
- Jun 18, 2023
- 1 min
Preference shares - Devil in the redemption
S72(4) - redemption of PS shall be out of :- (a) profits (b) a fresh issue of shares, or (c) capital of the co For (a) after redemption...
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cnpsgroup
- Jun 15, 2023
- 1 min
Constitution
Key notes on company constitution A contract legally binding between members and members, between members to company and company to...
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cnpsgroup
- Jun 15, 2023
- 1 min
Are you using XERO ? Beware of WHT
We love XERO (cloud-base accounting solution) as it provides a great flexibility to us, as compared to traditional desktop based...
10 views0 comments
cnpsgroup
- Mar 25, 2023
- 2 min
RCPS -- Devil in the details
RCPS is short for Redeemable Convertible Preference Shares If you are an equity crowdfunding (ECF) investor, you would probably have...
11 views0 comments
cnpsgroup
- Mar 24, 2023
- 1 min
Apa tu CP58 ?
CP stands for Cukai Pendapatan (Income Tax) CP58, by itself, is a Statement (not a tax return), it is a requirement under Section 83A,...
18 views0 comments
cnpsgroup
- Mar 21, 2023
- 1 min
Non Citizen Shareholder (Sdn Bhd) / Partner (LLP)
If your company (Sdn. Bhd. or LLP) has non-Citizen shareholder, you may need to watch out for this "new" (Budget 2023) changes. Follow...
6 views0 comments
cnpsgroup
- Mar 21, 2023
- 3 min
ESOS - Employee Share Option Scheme
About ESOS, from the aspect of ... * Accounting * Taxation * Business and human resource Questions fWhat can / what should Company...
4 views0 comments
cnpsgroup
- Mar 12, 2023
- 1 min
Preemptive Right
What is a Pre-Emptive Right? #CA2016 #Constitution Section 85 of the Companies Act 2016 provides that subject to constitution of the...
15 views0 comments
cnpsgroup
- Mar 11, 2023
- 1 min
Office room for SMEs
Need an office but don't want to spend too much on full unit rental, furniture etc? Get a small room, and full service around you from...
10 views0 comments
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