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Accounting & Payroll Services

We offer effective accounting and tax solutions that allow you to fully focus on the smooth day-to-day running of your business.

Services_Accounting & Payroll

In matters of ​​financial accounting and tax, our professional and experienced team can help you with comprehensive accounting solutions for your Malaysian permanent establishment / subsidiary. Our team is supported by German as well as local specialists, which means that you always have a German-speaking contact person at your disposal and smooth contact with local authorities and institutions. When it comes to tax issues, we work with experienced and proven Malaysian tax consultants, as needed.

Services Provided

Financial accounting

Monthly reporting for:

  • Account Statements
    • Balance Sheet
    • Profit and Loss Account
    • Cash Book Management
    • General Ledger Overview
  • Preparatory activities for the annual accounts (preparation of the closing balance sheet and income statement)
  • Billing and banking services:
    • Recording billing and payment transactions
    • Preparation and presentation of invoices
    • Individual payment and transfer transactions

Salary statement

Monthly payroll

  • Coordinate the monthly payroll
  • Collaboration with the bank regarding salary payments
  • Calculation and timely payment of Malaysian pensions (Employees' Provident Fund) and income taxes
  • Registration of the company (employee and employer) with the appropriate Malaysian authorities

 

We offer you the services listed above for a monthly package price, which we will gladly provide on request.

Annual tax declaration for employees

We take over the preparation of the annual tax return for your employees and ensure the timely submission of documents to the appropriate authority.

Annual tax declaration for an establishment / subsidiary

The annual tax return for the permanent establishment / subsidiary is drawn up by a recognised tax consulting firm. The fee for preparing the tax return depends on the size of the establishment / subsidiary and will be communicated to you on request.

Clarification of tax issues

In the clarification of tax issues, such as withholding tax, we are happy to assist you. For complex tax issues, we work with a recognised Malaysian tax consulting firm.

Please take note that payroll regulations and requirements may change over time, and it is advisable to consult the relevant authorities or professional advisors for the latest information and guidance.

 

Contact us at accounts@malaysia.ahk.de and discover how outsourcing your payroll can free up valuable time, allowing you to concentrate on the core aspects of your business – driving growth and maximizing profitability.

Client Testimonial

  • Excellent support, thank you very much. Always fast and available from all MGCC staff.
    Rettenmaier
    Mr Woitier Managing Director
    Rettenmaier (SEA) Sdn Bhd

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