A company secretary is a vital component of any business in Malaysia. They ensure that your company meets all statutory obligations and stays compliant at all times.
Hence, it's important to hire the right company secretarial firm in Kuala Lumpur. Here are 20 of the best companies that provide a wide range of services.
Company registration
If you are an entrepreneur looking to start a business in Kuala Lumpur, company registration is the first step. The country offers a wide range of business entities to choose from, and choosing the right one will ensure you have the best set up for your needs.
A Malaysian Sdn Bhd is the most common form of company that a local can incorporate. The legal requirements for registering a Sdn Bhd company are fairly simple. Moreover, there are no restrictions for foreigners.
There are many different benefits to incorporating a company in Malaysia. For instance, companies can raise funds from investors by issuing shares.
In addition to these benefits, companies can also enjoy more tax advantages. However, they are required to comply with a number of statutory requirements. This includes filing annual returns and paying taxes.
Company secretarial services
Company secretarial services are a vital part of corporate governance. They help businesses comply with statutory requirements and avoid penalties from the authorities. In addition, they can offer specialized advice on a variety of different aspects of running a business.
They will help you manage your responsibilities, such as maintaining statutory books, preparing AGM documents and attending meetings. They can also provide support during transactions such as mergers and acquisitions.
A company secretary must be a suitably qualified individual, have experience in the industry and be able to follow best practice when handling a variety of complex issues. They are also responsible for ensuring that they comply with the Companies Act and other regulations.
There are many company secretarial firms in Kuala Lumpur that can help you meet your statutory obligations. Some of them charge a flat fee for their services while others use a subscription model where you pay a monthly retainer fee.
Corporate governance
Having good corporate governance is crucial for businesses, as it ensures that the interests of all stakeholders (shareholders, employees, suppliers, customers and the community) are balanced.
As a result, businesses are more likely to succeed and achieve their objectives. It also encourages the creation of trust between the business and its stakeholders.
A company secretary firm in Kuala Lumpur can help you establish the necessary framework for corporate governance. They can also provide assistance in meeting statutory compliance requirements.
The key elements of a good governance structure include transparency, equity, accountability and reliance. These are designed to promote long-term profitability and growth for the company.
A company that practices good corporate governance is often able to attract more investors and attract top talents. It also maintains investor confidence, which translates into higher share prices.
Company maintenance
Having a company secretary firm in Kuala Lumpur to handle your company's secretarial needs can save you a lot of time and money. They will be able to help you register your company and ensure that it complies with all laws and regulations set by the government.
They also can provide you with advice and assistance on the latest statutory and regulatory changes that may affect your business. This will allow you to remain on top of the latest legal and compliance issues and reduce your stress levels so that you can focus on achieving your goals.
As one of the leading companies to offer company maintenance, Quadrant Biz Solutions will help your company to keep its finger on the pulse of the latest statutory and regulatory requirements. This will allow your business to perform to the best of its abilities and stay competitive.