Cheng & Co was founded in 1993 by Professor Dr Paul Cheng Chai Liou and Professor Dato Dr Chua Hock Hoo with the long term goal of becoming a one-stop professional centre with innovative solutions for business excellence. Currently Cheng & Co’s presence covers major cities in Malaysia and four international offices in Singapore, Australia, Hong Kong and China. Our clients range from local and international Small and Medium Enterprises (SMEs) to Multinational companies, from industries such as trade, manufacturing, Oil & Gas, logistics, multimedia, Biotechnology, finance, healthcare, industrial services, property development, constructions.

Since 1993, Cheng & Co embraced a total professional services approach for all clients, irrespective of location. In the recent decade, with the rapid growth and development of China to an industrial and technological powerhouse, elevating the country to the world’s second largest economy and a global super power, Chinese investments became a major attraction for many developing countries.

Malaysia is in a strategic geographical position, complemented by the competitive advantages of multilingual talents and multicultural environments, to become an important investment destination for Chinese investors. Further, the implementation of China’s “Belt and Road” initiative positions Malaysia as one of the countries in the route.

As a member of the TGS Global Network – which has members from more than 50 countries – Cheng & Co thoroughly understands the concerns and  expectations of Chinese investors keen on exploring Malaysia. Hence, we established a dedicated China Service Desk, consisting multilingual professionals to deliver unique solutions to support our local and international Chinese clients.

Cheng & Co’s China Service Desk features a team of highly qualified professionals and specialists in specific fields, with excellent communication skills in English and Mandarin.

 

CHENG & CO’S ONE STOP PROFESSIONAL SOLUTIONS AND SERVICE ARE FOLLOWS:

China Service Desk to better serve clients in China or looking to expand to China - Cheng & Co

  • INCORPORATION OF COMPANY

    • To incorporate a company in Malaysia and advice on shareholding, corporate structure and compliance  requirements.
  • LICENSE APPLICATION

  • EMPLOYMENT PERMIT APPLICATION & RENEWAL

  • ANNUAL FILING TO COMPANIES COMMISSION OF MALAYSIA

  • TAX ADVISORY

    • Income tax incentives advisory and application
      • Malaysia has provided income tax incentives for numerous industries and investment opportunities.
    • Expatriate income tax advisory
      • Registration of individual income tax reference number.
      • Advisory in expatriate remuneration packages.
      • Individual tax computation and tax returns filing.
    • Corporate tax advisory
      • Income tax health-check review advisory.
      • Corporate restructuring.
      • Corporate income tax computation and tax returns filing.
    • Real property gain tax
    • Sales and service tax
  • ACCOUNTING & PAYROLL OUTSOURCING

  • AUDITING OF FINANCIAL STATEMENTS

  • CORPORATE FINANCE ADVISORY

  • BUSINESS & CORPORATE ADVISORY

  • CORPORATE RECOVERY

  • INTERNATIONAL TAX & CORPORATE ADVISORY

  • LABUAN CORPORATE ADVISORY

  • LEGAL ADVISORY

Meeting between ambassador of China, Bai Tian and Prof. Dato' Dr Chua

To illustrate the significance of Cheng & Co’s China Desk, the firm partnered with Yingke Global in China. The objective of this partnership is to assist businesses in China – especially clients of Yingke Global – that are keen on establishing their presence in Malaysia, make a smooth transition and become operationally successful in the country. Thus far, a number of companies have benefited from this association and more is expected in the near future.

The recent visit of Malaysia’s Prime Minister Tun Dr Mahathir Mohamad to China for the Belt and Road Initiative Summit further underlines the crucial role of the China Desk. The Tun Dr Mahathir expressed his full support for the initiative saying, “I am fully in support of the Belt and Road Initiative. I am sure my country, Malaysia, will benefit from the project.” This visit is expected to drive even more companies from China to Malaysian shores.

To gain detailed understanding on the expectations and requirements of businesses in China, Cheng & Co have organised visits to Pan-China, the sixth largest audit firm in the country, as well as the headquarters of Ali Baba. These visits were real eye openers which served to strengthen the firm’s China Desk.

The management of Cheng & Co looks forward to the Belt and Road initiative with great enthusiasm and optimism. The firm is actively seeking further collaborations and partnerships with audit firms and associates, to consolidate the China Desk and pave the way for more companies from China to successfully venture into Malaysia.