Most businesses in Malaysia do not need a full-time company secretary, so by outsourcing the role you will be able to save costs while ensuring that your secretarial responsibilities are still being handled by experienced professionals who assist you with compliance and provide practical solutions.
Here are some of the reasons why businesses in Malaysia outsource company secretary services:
-Cost savings
-Compliance
-Expertise
-Focus on core business
Corporate secretarial services in Malaysia cover a broad range of categories, ranging from the incorporation and registration of a new company to the development of company constitutions and amendments to company resolutions. In short, corporate secretarial services help to keep your company in compliance with all applicable laws and regulations in Malaysia.
If you are a Malaysian citizen or permanent resident and not the sole director, you can become the company's secretary. It is important to hire a secretary who understands the statutory obligations of the company in Malaysia, such as Annual General Meetings (AGM), Suruhanjaya Syarikat Malaysia (SSM) Annual Return, Inland Revenue Board (IRB) ECI, and Form C-S.