Tag Corporate Governance

What Is Insolvency Wordpress

What Is Insolvency?

What Is Insolvency? Insolvency refers to the event that an individual or company becomes unable to meet its financial obligations to its creditors as debts become due. Bankruptcy and foreclosure soon follow, which is the worst-case scenario for any business.…

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Publication of Company Name

Publication of Company Name Many companies do not alert there is a requirement under the Companies Act 2016 to publish the registered name and company registration number including new company numbers. Eg: ABC Sdn. Bhd. [Company No.: 201305035678 (1033467-Y) According…

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CHENG & CO – SMECORP UPDATE

CHENG & CO – SMECORP UPDATE SME can now register and validate their SME status at This is very important to SMEs in order to obtain grant such as Special Grant for Micro Company of RM3,000. Common questions 1.…

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Labuan – A Mid-shore Jurisdiction

Labuan – A Mid-shore Jurisdiction Labuan is an island off the coast of Sabah in East Malaysia. Labuan International Business and Financial Centre (Labuan IBFC) was established in 1990, and laid the foundation for the  development of offshore banking and…

Malaysia Business Reporting Standard MBRS

MBRS – A Revolution of Annual Returns Submission

MBRS – A Revolution of Annual Returns Submission Malaysian Business Reporting Standard ( MBRS ) – A Revolution of Annual Returns Submission The Suruhanjaya Syarikat Malaysia (SSM) introduced an online submission platform based on the eXtensible Business Reporting Language (XBRL)…