Question 1

How do I register a company in Malaysia?

Accepted Answer

To register a company in Malaysia, you submit an application to Suruhanjaya Syarikat Malaysia (SSM). The most popular structure for SMEs is a Sendirian Berhad (Sdn Bhd), which requires at least one Malaysian director and a registered address. GSK Business Advisory handles the full process including name search, incorporation, and post-incorporation compliance.

Question 2

What is SST and does my business need to register?

Accepted Answer

Sales and Service Tax (SST) is Malaysia's indirect tax system, reintroduced in September 2018. It has two components: Sales Tax (5% or 10% on taxable goods) and Service Tax (6% on prescribed taxable services). Your business needs to register for SST if your taxable turnover exceeds RM500,000 in a 12-month period.

Question 3

What does MIA-certified mean and why does it matter?

Accepted Answer

MIA stands for the Malaysian Institute of Accountants — the statutory body that regulates the accountancy profession in Malaysia under the Accountants Act 1967. Only accountants admitted as members of MIA are legally authorised to use the designation 'Accountant' in Malaysia. Working with an MIA-certified firm ensures your accounts and tax filings meet professional and legal standards.

Question 4

How long does company registration take in Malaysia?

Accepted Answer

Company name reservation via MyCoID typically takes a few hours to 1 business day. Once the name is approved, online incorporation of an Sdn Bhd via MyCoID usually takes 1–3 business days, provided all documents are in order. GSK Business Advisory manages the entire process to ensure there are no delays.

Question 5

What accounting records am I legally required to keep in Malaysia?

Accepted Answer

Under the Companies Act 2016 and the Income Tax Act 1967, Malaysian companies are legally required to maintain proper accounting records for a minimum of 7 years. This includes invoices, receipts, bank statements, payroll records, and general ledger entries.

Question 6

How is GSK different from a large accounting firm?

Accepted Answer

At GSK Business Advisory, you work directly with an MIA-registered accountant — not a junior staff member. We offer transparent pricing with no hidden fees, fast turnaround, and personalised service in English, Mandarin, and Bahasa Melayu. We are built specifically for SMEs and entrepreneurs who want professional expertise without big-firm overhead.

Question 7

Do you offer services in Mandarin and Bahasa Melayu?

Accepted Answer

Yes. GSK Business Advisory provides full advisory, accounting, and compliance services in three languages: English, Mandarin Chinese, and Bahasa Melayu. Our trilingual capability is a key reason why clients across different communities choose us.

Question 8

How do I get started with GSK Business Advisory?

Accepted Answer

Getting started is straightforward. Reach out via the contact form on our website, email us at hello@gskadvisory.com.my, or message us directly on WhatsApp at +60 11-2712 6681. We will schedule a free, no-obligation consultation to understand your needs.

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