AH Lim Management Services

Service

Tax Compliance And Advisory Services in Malaysia

With heightened governance and regulation, the significance of tax compliance cannot be overlooked. The repercussions of compliance failure extend beyond financial risks, encompassing potential financial penalties, increased tax charges, and a substantial threat to the business’s cash flow.  Our dedicated tax compliance and advisory team is ready to assist you in effectively managing tax-related risks while optimising costs. Regulatory compliance is a core competency within our service offerings, covering a comprehensive range of regulatory compliance services and other process-driven activities.

Our Tax Advisory Services

We offer both corporate and individual tax services, which includes Providing the best tax advice to corporate and individual clients. Emphasise to clients the obligation to pay taxes. Educate taxpayers on the regulations under the Income Tax Act. Provide timely updates to taxpayers. Communicate and translate IRB’s intention to taxpayers. Preparation of transfer pricing documentation.

Benefits of Corporate Tax Advisory Services Outsourcing

Managing the complexities of ever-changing tax regulations can make prioritising your primary business goals challenging. Entrusting us with your corporate taxation gives your team the freedom to focus on driving business growth. Our proficient tax team contributes to your business in the following ways: Minimise Financial Penalties for Non-Compliance Access expert knowledge to uphold stringent local compliance standards. Get Peace of Mind You’ll be able to meet deadlines and requirements for tax filing submission without the risk of non-compliance, providing assurance and confidence. Save Time and Resources By outsourcing your tax filing, you can reduce your internal administration’s workload while tapping into their expertise, which sums up to a reduction in in-house costs. You’ll also be able to save more or not pay more than you should with tax reliefs or allowances.

Accounting & Bookkeeping Services in Malaysia

All registered companies in Malaysia maintain accurate books of accounts. Efficient bookkeeping not only supports day-to-day financial management and annual auditing but also serves as a foundation for informed business decision-making. Navigating the complexities of accounting and bookkeeping can be time-consuming. Our professional and comprehensive accounting and bookkeeping solutions for Malaysian businesses alleviate this burden, allowing you to focus on business growth without distractions. We transform numerical data into actionable insights for you, providing real-time accuracy for informed strategic decisions.

Our Key Services

Accurate & Meaningful Financial Reporting Maintain up-to-date and accurate books to understand business numbers while ensuring compliance. Holistic Solution Empower your business with a complete financial picture, enabling the creation of budgets, projections, and strategic tax planning throughout the year. Focus on Growth Free up time to concentrate on business growth without being weighed down by accounting tasks. Cost-Efficient Save on accounting software subscriptions, recruiting, hiring and training costs, salaries, payroll taxes, and employee benefits.

Benefits of Outsourcing Your Accounting & Bookkeeping

Bookkeeping Publish financial statements on time. Handle data entry for monthly, quarterly, and annual closings. Reconciliation for accounts payable and receivable. Prepare and manage profit and loss statements and balance sheets Accounting Detailed analysis of the company's financial health and liquidity. Comply with financial policies and regulations. Review and analyse financial statements. Advise business owners during decision-making.

Payroll Outsourcing Services in Malaysia

Managing payroll is an intricate and time-consuming responsibility, entailing numerous statutory compliance requirements that present risks without effective management. Yet, our clients often face resource shortages in HR, accounts, and talent acquisition, diverting attention from critical business growth activities. Consequently, many business owners choose to entrust payroll duties to professionals, ensuring accurate processing and providing them with additional time to focus on other priorities. This enables business owners to concentrate on refining operations and driving revenue without needing upfront cash investments in expensive software. Additionally, our payroll services ensure compliance with statutory requirements.

Benefits of Payroll Outsourcing

Cost-effective: Tap into the expertise of the outsourced team to perform the administrative tasks, without the need to hire in-house Statutory Compliance: Outsourcing your payroll processes to the experts ensures that your reports, filings, and submissions are done correctly and avoid being penalised. Better Decision-Making: Accurate reports and analysed payroll data help support the management’s decision-making process.

Our Outsourced Payroll Services

Company Registration: Complete registration with related authorities, including IRB, EPF, SOCSO, and EIS. Payroll Management: Monthly or weekly payroll processing. Statutory Compliance: Handling of EPF, SOCSO, EIS, PCB, and subsequent submissions. Employee Lifecycle Management: Efficiently manage new hires and terminations, including notifications to statutory departments and tax clearance submissions. Year-End Submissions: Submit the employer's annual return of remuneration (Form E) and provision of Form EA for personal tax filings.