Articles

Learn more about how to start a business / company in Malaysia and how to operate it properly under the laws of Malaysia. If you're starting up new, the articles are very useful for new business owners too.
Industry Guide
Industry Guide on How to Set Up a Recruitment Agency
Posted at: 12-01-2022
The reason to set up a recruitment agency is to help bridge both employers to their suitable employees and to get the job seekers to find jobs within their expertise.
READ MORE
Industry Guide
Industry Guide to Clinic Business in Malaysia
Posted at: 12-01-2022
Ever since the pandemic, there has been a rapid growth in demand for clinics in Malaysia. Having to own a clinic of your own gives you the empowerment that you are in total control.
READ MORE
Company Secretary
Shareholders Agreement
Posted at: 12-01-2022
A Shareholders Agreement is the contract between the shareholders of the company to govern their manner and conduct, to define their rights, duties, and obligations inter in running the company.
READ MORE
Company Secretary
Why are Written Contracts Important? Is It Safe to have Contract Drafted by Yourself?
Posted at: 12-01-2022
We enter into contracts every day. Almost everything that we do from buying KFC and McDonald’s to buying clothes in clothing retail stores, to buying a property, is regulated by the law of contracts. A contract, in simple terms, is an agreement between two parties that is enforceable by law.
READ MORE
Closing Down
Guideline on Closing Down of a Company
Posted at: 11-01-2022
These guidelines are provided for the responses of Incorp E-training, Questionnaire, and Request for Advice furnished during the E-training on 17th April 2020.
READ MORE
Incorporation
Contribution on EPF, SOCSO & EIS in Malaysia as an Employer
Posted at: 28-12-2021
Apart from monthly salaries, Malaysian employers must contribute to their employees’ EPF, SOCSO, and EIS accounts. During your time as an employee before beginning a business, you may have observed a deduction from your monthly gross compensation as shown on your payslip.
READ MORE
Company Secretary
The Benefits of Sdn Bhd & Why You Need Boss Boleh for Your Company
Posted at: 24-11-2021
WHAT IS SDN BHD? A Sendirian Berhad (Sdn Bhd) company is a private limited company that can be incorporated by both locals and foreigners in Malaysia. Sdn Bhd should be registered through Suruhanjaya Syarikat Malaysia (SSM). To set up a Sdn Bhd company, it is required to have a minimum of 1 shareholder and a… Continue reading The Benefits of Sdn Bhd & Why You Need Boss Boleh for Your Company
READ MORE
Boss, ask me lah
What is registered office / registered address ?
Posted at: 20-11-2021
oration, every company shall inform SSM the location of its registered office within Malaysia by submitting the Form 44 to SSM.
READ MORE
Business Strategy
Follow this 5 ways on How to Run Your Business as a Sdn Bhd in Malaysia
Posted at: 17-11-2021
To maintain a business in Malaysia, you do not generally have to enroll a Sdn Bhd, yet there are five scenarios where you ought to do such. There are eight main types of business enterprises, each with its own set of criteria and objectives. However, because of the advantages it provides, Sdn Bhd is one of the most often registered corporate formations. These are the top five reasons to form a Sdn Bhd as your company’s legal entity.
READ MORE
Boss, ask me lah
Why Sdn Bhd easier to get Bank Loan?
Posted at: 22-10-2021
Sdn Bhd need to comply with Companies Act, every year need to prepare Audited Financial Statement and submit to SSM.
READ MORE
Incorporation
Registering Sdn Bhd Online through BossBoleh
Posted at: 13-10-2021
BossBoleh is fully a cloud-savvy company secretary, and we are fully online, digitally all the way to your doorstep. Secretarial services will be handled online, with just a click of a button. It is that simple.
READ MORE
SSM
Registering Sdn Bhd at a SSM Counter
Posted at: 12-10-2021
For a company to run, the minimum requirement in Malaysia requires at least 1 director and 1 shareholder (same entity eligible) to incorporate the company. A few criteria are required to be checked off.
READ MORE
Boss, ask me lah
Company earn RM 300,000, how much tax need to pay? Sdn Bhd vs Enterprise
Posted at: 08-10-2021
If we take RM 300,000 as chargeable income , Sdn Bhd need to pay RM 51,000 Tax; whereas for Enterprise need to pay RM 59,150
READ MORE
Boss, ask me lah
Can foreigner register Sdn Bhd in Malaysia?
Posted at: 01-10-2021
SSM allow Foreigner to open Sdn Bhd in Malaysia with 100% foreign-owned businesses. As long as there is at least 1 director who is at least 18 years old, and has a place of residence in Malaysia.
READ MORE
Incorporation
How To: Register a Sole Proprietorship or Partnership in Malaysia
Posted at: 01-10-2021
A quick guide on how to register your business with SSM and why it may not be suitable for you.
READ MORE
Boss, ask me lah
How to reduce share capital ?
Posted at: 24-09-2021
How to reduce share capital ? The share capital of a company is the only security on which creditors rely. So, any reduction of share capital diminishes the fund out of which they are to be paid. As a result, companies with shares are not allowed to reduce the capital frequently.
READ MORE
Boss, ask me lah
Can use Sdn Bhd to hold property?
Posted at: 17-09-2021
Can use Sdn Bhd to hold property?
READ MORE
Equity & Shareholding
How To: Vested Shares for Startups in Malaysia by Example
Posted at: 13-09-2021
The examples used here are simplified to help understand the concept. Such structures are complex and it is recommended to seek professional advise. Boss Boleh Cloud Company Secretary You probably tried searching about this within the Malaysia context and have found very little to almost no explanation on how this can be achieved. That’s because… Continue reading How To: Vested Shares for Startups in Malaysia by Example
READ MORE
Audit
Audit Fee Schedule & Table
Posted at: 25-06-2021
Audit Fee Schedule & Table Malaysian Institute of Accountants (MIA) has recommended Practice Guide on Audit Fee Charge (New Audit Fee) by Audit Firms for providing auditing services in Malaysia with effect from 1 March 2010.
READ MORE
Uncategorized
Statements on High-Risk and Other Monitored Jurisdictionsby the Financial Action Task Force (FATF)
Posted at: 04-06-2021
List of higher-risk countries (Blacklisted) under Bank Negara Malaysia (BNM) Anti Money Laundering & Counter Financing of Terrorism
READ MORE