Services

What We do

AUDITING SERVICES

Outsourced Accounting

Under the Malaysian Companies Act, the directors of a Malaysian incorporated company must present the financial statements of the company to shareholders at least once every calendar year. These financial statements must be audited by an approved auditor and copies thereof lodged with the Companies Commission of Malaysia where necessary.


ACCOUNTING SERVICES

We will prepare an effective recording system to minimize your worries about bookkeeping and therefore you can concentrate on your core business activities. We will post all payments and receipts from your source documents to the bank account(s), make all postings to the relevant ledger accounts, extract a trial balance at the end of the relevant period and prepare income statement and balance sheet at the end of the relevant period for management purposes.

COMPANY SECRETARIAL SERVICES

We would be able to provide assistance in your Company secretarial matters. This would involve the filling of annual statutory returns with the Companies Commission of Malaysia and lodging of annual audited accounts, where necessary. The person we appoint to monitor and administer the Company’s secretarial affairs will assist in the preparation of notices of directors’ and shareholders meetings, preparing agendas and drawing up resolutions in accordance with the Companies Act 2016 and amendments thereto. The fee for assisting the Company in administering the Company’s secretarial affairs will be billed in advance every 6 months.

TAXATION SERVICES

Under the Malaysian Income Tax Act, 1967, a company is required to submit a tax return to the Malaysian Tax Authorities annually. Our tax practice is well qualified to assist our clients to do this. In addition, because of the ever increasing new and complex tax legislations, our clients need to be continually updated and advised of any changes. Our tax practice is geared towards responding quickly to such tax amendments so as to be able to advise our clients effectively. We also place great importance on tax planning as an effective means of minimizing your tax burden and maximizing the advantage of tax relief’s.

PAYROLL SERVICES

We will undertake to maintain your payroll system. Our responsibility will include the calculations of net salaries due to the staff and deductions according to the relevant statutory requirements, namely EPF, SOCSO and the Inland Revenue Board. We will also ensure that the deductions together with the employer’s portion of the statutory contributions, where applicable, will be paid to the relevant statutory bodies before the due deadlines, subject to you providing us with the relevant payment five (5) working days before the due date.

Sales and Service Tax

Scope of Services
1. We will visit your office once per SST return submission or you will provide our office the relevant
documents (for one taxable period) to review your record keeping, accounting entries and
preparation of SST Returns.
2. Review of work processes and documentation for SST compliance.

Professional work Permit

Professional Work Permit (DP 10) is an employment pass (EP) which issue by Malaysia Government for 1, 2 and up to 5 years. Professional Work Permit DP10 is for expatriate who is from another country that considered as skilled workers. The initial validity of the pass is 1 or 2 years but it can be extended.

  • Address:  SAT & ASSOCIATES (NF 0459) 57 Lorong Maarof Bangsar 59000 Kuala Lumpur Malaysia
  • Contact: 603 - 2284 7170 / 78
  • Fax: 603 - 2284 6171
  • E-mail: satvinder@sat-s.com.my