BossBoleh

Articles

Learn how to start and properly operate a business in Malaysia. These articles are also useful for new business owners.

Business Strategy
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.
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Company Secretary
Can use Sdn Bhd to hold property?
Posted at: 17-09-2021
Can use Sdn Bhd to hold property?
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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
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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.
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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
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Startup
Cloud Company Secretary Bossboleh Digitalises the Company Registration Process
Posted at: 27-05-2021
When you first start a business, an arduous application process is inevitable, a layperson would be at a loss when it comes to this particular process.
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Lockdown (MCO)
MCO 3.0 covered 6 Districts
Posted at: 04-05-2021
After examining the presentation of the Selangor Government and referring to MOH and HIDE date, Security Council Negara (MKN) agreed to implement PKP on 6 of the following 9 districts: – Hulu Langat – Petaling – Gombak – Klang – Kuala Langat – Sepang
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Startup
8 Things You Must Know To Start a Clubhouse
Posted at: 27-04-2021
What is Clubhouse? It is an invitation-only audio-based and a new type of social media app, allowing people to talk everywhere, tell stories, and meet interesting people worldwide.
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Closing Down
2 Ways to Close Down a Company
Posted at: 21-04-2021
Strike Off or Wind Up a Company. A quick guide to successfully close down a company smoothly. It’s a long process, keeping it simple is key.
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Marketing
How Xiaomi’s new logo inspired Boss Boleh’s new logo
Posted at: 03-04-2021
The new logo is not a simple redesign of the shape but an encapsulation of inner spirit. The design is essentially a reflection of the concept ‘Alive.’
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Business Strategy
Growing and Scaling is not the same. 5 Strategies to help you scale.
Posted at: 29-03-2021
Growing is costly, scaling is cheaper. Adopt these 5 Strategies to get a better picture on how you can scale your business.
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Business Strategy
Is SEO Really That Important for eCommerce? Here’s What You Need to Know.
Posted at: 28-03-2021
Social media is everywhere. Email marketing is still working very well in terms of return on investment. Paid ads push businesses and products to the top of the SERPs. (What are SERPs ?) Given the power contained in these tactics, is SEO really that important for eCommerce retailers? YES! In the modern era, conducting product… Continue reading Is SEO Really That Important for eCommerce? Here’s What You Need to Know.
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Business Strategy
Alibaba’s Digital Ecosystem – Alipay, Cainiao , Alimama , Alibaba Cloud
Posted at: 22-03-2021
Alibaba’s core business is centered on e-commerce. Its business model combines elements of many leading U.S. technology companies rather than mirroring anyone. In addition to its leading e-commerce portals, Alibaba Group has created an ecosystem of companies to complement them.
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HRDF
What is HRDF ?
Posted at: 19-03-2021
What is HRDF ? HRDF is a fund for employer to train their staff. 3 Steps to claim HRDF – Register for your employer for any HRDF claimable traning – Employer to pay the training – HRDF will reimburse the employer
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Geran Khas Prihatin (GKP)
Geran Khas Prihatin (GKP) Package Company Secretary
Posted at: 01-03-2021
Special pricing for Company Secretary in conjunction with government GKP to help entrepreneurs of Sdn Bhd companies. RM 38/month.
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Covid-19 SME Benefits by Malaysia Government
Penjana B40 – FREE Business Registration Prihatin SPPP
Posted at: 17-02-2021
The Skim Pendaftaran Perniagaan Prihatin (SPPP) under the Malaysia PENJANA Initiative, launched on 23 December 2020 was only limited to youth, students (from any recognized Colleges, Universities and Professional Schools) and single mothers. With effect from 15 February 2021, Suruhanjaya Syarikat Malaysia (SSM) widens the Skim Pendaftaran Perniagaan Prihatin (SPPP) to also benefit the entire… Continue reading Penjana B40 – FREE Business Registration Prihatin SPPP
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SSM
Download Your Free Copy of EA Form / Borang EA in Excel
Posted at: 01-02-2021
It’s March 2022, the Tax Season again! Get your FREE copy of EA Form (Borang EA) in PDF and Excel formats. Source from LHDN.
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Covid-19 SME Benefits by Malaysia Government
Program Subsidi Upah (PSU 3.0)
Posted at: 29-01-2021
PSU 1.0, PSU 2.0 and PSU 3.0 are paid financial assistance to the employer of each enterprise for each local employee who are earning RM4,000 and below.
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Financial Year
Fixing Your Financial Year End
Posted at: 22-12-2020
What is a Financial Year End? The financial year is a period in which the financial statements of the company are made up. Your company’s financial year end will be the basis of which your corporate income tax, Annual General Meeting (AGM) if any, and lodgement date of financial statements with the Registrar are determined.… Continue reading Fixing Your Financial Year End
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Incorporation
Do I need a Company Secretary ?
Posted at: 16-12-2020
What is a Company Secretary? A company secretary is an officer of the Company who is appointed by the board of directors. For newly incorporated companies, the appointment of first secretary shall be made within 30 days from the company’s date of incorporation. For existing companies, the board of directors have the power to remove… Continue reading Do I need a Company Secretary ?
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