SSM 90% discount on all compounds

Suruhanjaya Syarikat Malaysia (SSM) akan melaksanakan “Kempen Pematuhan Tahun 2020 Akta Syarikat 2016”. Menerusi pelaksanaan kempen ini, SSM akan memberi kadar pengurangan kompaun maksimum sebanyak 90 peratus daripada nilai asal kompaun kepada komuniti korporat bagi dua situasi berikut:
(a) Syarikat aktif yang ingin dikekalkan dalam daftar syarikat, dikehendaki untuk mengemaskini serahsimpan Penyata Tahunan (PT) dan Penyata Kewangan (PK) berdasarkan peruntukan di bawah Akta Syarikat 1965 (AS 1965)/ Akta Syarikat 2016 (AS 2016); dan
(b) Syarikat dorman dan tidak aktif dikehendaki membuat permohonan pemotongan nama syarikat menurut Seksyen 550 AS 2016.

Kadar pengurangan kompaun maksimum sebanyak 90 peratus ini hanya terpakai kepada kompaun-kompaun yang dikeluarkan bagi kesalahan lazim sahaja di bawah AS 2016 dan AS 1965 seperti berikut:

For more info, please visit SSM Website

Announcement On The Enforcement Date Of Companies Act 2016

The New Companies Act 2016 has been enforced effective 31s January 2017. Below are some of the key changes in the new Act:

• Introduction of single member/director company
• Change of “certificate of registration” to “notice of registration”
• Abolition of the authorized capital concept
• Abolition of concept of shares with nominal value
• Companies are no longer required to have constitution or memorandum & articles of association
• Companies are not required to have a common seal
• Abolition of the requirement for annual general meeting for private companies
• Decoupling of lodgement of Annual Return and Financial Statements

Announcement from SSM on Compound Incentive

Starting from 9th September 2015 to 31st December 2015, SSM offers the following Compound reduction:

09/09/15 - 30/09/15 - 80% reduction

01/10/15 - 31/10/15 - 70% reduction

01/11/15 - 30/11/15 - 60% reduction

01/12/15 - 31/12/15 - 50% reduction

Meaning, the more you delay, the more you need to pay. For Companies with compound, settle them by September to enjoy 80% reduction of your Compound amount.

It's Labour Day & Wesak Day 2015!

It's going to be a looong holiday starting tomorrow and it's Labour Day tomorrow! Time to stop being a workaholic!

Happy Labour Day everyone!

To those celebrating Wesak Day, Happy Wesak Day!

Have a great holiday! :)

Happy Chinese New Year 2015

We would like to wish everyone a Happy Chinese New Year 2015. The Year of Goat.

May your life filled with good fortune, great health and success!

Merry Christmas 2014!

We're now towards the end of Year 2014. How has your Year been? We hope it's been great!

We, at Jin Seng & Danny Secretarial Services would like to wish our clients and visitors a

Merry Christmas and a Happy New Year!

Those driving back to your hometown, do drive safely and those on a vacation, have a great vacation!

Selamat Hari Raya Aidilfitri 2014

It is already one month since my last post, which means towards the end of the fast month of our muslim friends.
How time flies!

We would like to wish all our muslim clients and visitors, Selamat Hari Raya Aidilfitri and Happy Holidays to everyone!
Drive safe when you're on the road.

Happy Ramadan 2014

The holy month of Ramadan is here. We would like to wish all our Muslim clients and visitors Happy Ramadan!

May this Ramadan brings you more happiness and prosperity to your life!

Happy Gawai 2014

We, from Jin Seng & Danny Secretarial Services would like to wish everyone who are celebrating Hari Gawai,

Selamat Hari Gawai and gayu-guru, gerai-nyamai!

and to the rest,

Happy Holidays!

Take the time off to rest and be with your love ones.

Happy Labour day!

Jin Seng & Danny Secretarial Services would like to wish all the employees and employers out there a Happy Labour day!

It's the time for a good rest after putting so much effort in your work or business.

Limited liability partnership (LLP) / Perkongsian liabiliti terhad (PLT) registration

We now provide services to register and manage your Limited liability partnership (LLP) / Perkongsian liabiliti terhad (PLT). Limited liability partnership is a hybrid between a Company and Partnership. It provides limited liability to all partners and unlike a Company, a LLP does not require to submit annual return and audited accounts which indirectly save costs. 

For more information, feel free to contact us.

Happy Chinese New Year 2014

It's the eve of the Chinese New Year 2014.

We, at regco.biz would like to wish everyone Happiness, Prosperity and Longevity!

May this Horse year be a great year for your businesses!

Annual General Meeting, Audited Account, Annual Return

Have you carry out your Annual General Meeting? Have you prepared your audited profit and loss account and the balance sheet? Have you lodged your Annual Return to the Registrar? If your answers are No, you should be preparing these to avoid getting unnecessary fine by the CCM.

When should you carry out your Annual General Meeting?
A general meeting of every company to be called the "annual general meeting" shall in addition to any other meeting be held once in every calendar year and not more than fifteen months after the holding of the last preceding annual general meeting, but so long as a company holds its first annual general meeting within eighteen months of its incorporation, it need not hold it in the year of its incorporation or in the following year. [Section 143]

When should you prepare your audited profit and loss account and balance sheet?
The directors of every company shall, at some date not later than eighteen months after the incorporation of the company and subsequently once at least in every calendar year at intervals of not more than fifteen months, lay before the company at its annual general meeting a profit and loss account for the period since the preceding account (or in the case of the first account, since the incorporation of the company) made up to a date not more than six months before the date of the meeting. [Section 169]

When should you lodge your Company Annual Return?
The annual return signed by a director or by the manager or secretary of the company shall be lodged with the Registrar within one month after the annual general meeting. [Section 165]

Need help preparing these? Contact us now and let us do the job for you!

Happy New Year 2014 from RegCo.biz!

We would like to wish all visitors of RegCo.biz (Register Company) and all our clients a Happy New Year 2014. May your business prosper even more this coming year of 2014. :)

Ready to own a Company?

Ready to own a Company? Contact us today and we will provide you our fast and efficient service to incorporate your Company.