
Delivering
More Than Just Compliance
At Douglas Loh & Co., our audit and assurance services are designed to do more than satisfy statutory requirements. With over 30 years of experience in Malaysia, we help businesses—startups, SMEs, and established companies—make informed decisions, reduce financial risk, and build stakeholder trust.
We understand your operations, your industry, and Malaysia’s evolving regulatory landscape.
Our Professional Audit & Assurance Services
in Malaysia

Statutory
Financial Audits
Annual audits in accordance with the Companies Act, Income Tax Act, and Malaysian Financial Reporting Standards (MFRS).

Internal Audits
Independent assessments of internal controls, risk management frameworks, and operational efficiency.

Corporate
Governance
Assess governance structure, ensuring board and management operate in line with best practices and current legal standards.

Regulatory
Compliance Checks
Verify that business complies with all core regulatory requirements,
such as:
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SSM filings
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LHDN tax obligations
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EPF, SOCSO, and EIS submissions
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Industry-specific regulations, if applicable

Documentation & Recordkeeping
Review essential registers such as:
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Register of Directors
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Register of Members
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Other statutory documents required by SSM
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To ensure accurate, complete, and timely corporate recordkeeping.
For other types of audit services other than annual compliance,
please reach out to us and we will get back to you in no time!
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What are the requirements for incorporating a company in Malaysia?To incorporate a company, you’ll need at least one resident director or shareholder, a local residential address, and a minimum paid-up capital of RM1.00. However, certain circumstances may require a higher capital amount.
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Is a business address mandatory for incorporation?Not initially. You can incorporate a company without a business address. However, you will need one later to obtain the operating licenses necessary for running your business. Starting the incorporation process early can save time, as you won’t have to begin from scratch when you secure a business address.
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Do you assist with opening a bank account?Absolutely! We help you set up your corporate bank accounts without any extra fees.
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What is the minimum and maximum number of shareholders allowed in a company?A company must have at least one (1) shareholder and can have up to fifty (50) shareholders.
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What is the process for incorporating a company under the Malaysia Companies Act 2016?Incorporating a company under the Companies Act 2016 requires the following steps: Propose a company name. Decide on the company type (e.g., private, public, limited by shares, limited by guarantee, or unlimited). Provide a registered office and business address. Declare the paid-up capital (minimum RM1). Submit details of directors and promoters. Provide declarations from directors and promoters. Include a compliance declaration from those handling the incorporation. Submit any additional supporting documents required.
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Who can start incorporate a Sdn Bhd?Anyone with at least one director aged 18+, residing in Malaysia. Foreigners can partner with a local director or use our nominee director service.
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How long does incorporation take?If all required submissions are accurate and complete, the process typically takes 3-5 business days. Missing or incorrect information, no matter how small, can cause delays. It’s crucial to gather and verify all necessary details before submitting your documents.
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What is the corporate tax rate in Malaysia?The standard corporate tax rate on chargeable income is 24%. For small and medium-sized enterprises (SMEs) with a paid-up capital of less than RM2.5 million and annual sales under RM50 million, the tax rate is 17% for the first RM600,000 and 24% on the remaining income.
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What documents are required?Provide your NRIC or Passport, proof of residential address, and any necessary corporate documents if using a company shareholder.
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When do I need to register for SST?In Malaysia, you must register for SST once your taxable turnover exceeds RM500,000 in a 12-month period. We’ll help assess your eligibility and guide you through the process if needed.
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What types of businesses do you provide accounting services for?We support local enterprises, startups, SMEs, and foreign-owned companies across various industries. Whether you're just setting up or already operating, our services adapt to your needs.
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Are your services compliant with MIA and LHDN requirements?Yes. Our work is conducted in accordance with Malaysia’s regulatory standards, including guidelines from the Malaysian Institute of Accountants (MIA) and LHDN (Inland Revenue Board).
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As a foreign-owned company, do I need a local director or representative to use your services?No, but your company must comply with SSM and Inland Revenue Board requirements. We work closely with your local representatives or can assist with connecting you to licensed company secretarial partners if needed.
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How much do your accounting packages cost?We quote based on the scope and billable hours required to complete your accounts. You’ll receive a fair, transparent estimate before we begin any work.
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Do I need accounting software to work with you?No – if you don’t have one, we’ll set you up on a trusted accounting platform and walk you through how to use it effectively.
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How often will you review my company’s finances?We offer periodic financial reviews (monthly, quarterly, or yearly) depending on your package — giving you valuable insights for planning, cash flow, and tax-saving decisions.
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Can you help me understand tax incentives or exemptions for foreign-owned companies in Malaysia?Yes. We provide consultations to explore any tax incentives or exemptions you may be eligible for, depending on your industry and investment status.
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Can a foreign-owned company get accounting services in Malaysia?Absolutely. We assist many foreign-owned businesses with local accounting compliance, tax filings, and financial reporting. Our team ensures your business meets all statutory obligations under Malaysian law.
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What documents are needed for an audit in Malaysia?Key documents include financial statements, ledgers, bank statements, invoices, and tax records. We’ll provide a customised audit checklist to ensure nothing is missed.
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What is the difference between an audit and a financial review?An audit offers a high level of assurance with detailed examination, while a review is less extensive and provides limited assurance. We’ll help you choose the right approach based on your needs and statutory obligations.
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Do you provide audit services for foreign-owned companies in Malaysia?Yes, we specialise in assisting foreign-owned businesses with statutory audits and compliance reporting, ensuring full alignment with Malaysian accounting standards.
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How can foreign-owned companies meet audit requirements in Malaysia?Foreign-owned businesses operating in Malaysia are subject to the same statutory audit requirements. We assist by providing clear guidance, coordinating with your local management, and ensuring full compliance with Malaysian financial regulations.
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How long does an audit usually take?A typical audit takes between 2 to 6 weeks, depending on the size and readiness of your financial records. Timely submission of documents helps speed up the process.
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Are your audit reports accepted by international stakeholders?Yes. Our audit reports are prepared in accordance with approved accounting and auditing standards in Malaysia, recognised by investors, banks, and overseas shareholders.
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Is a statutory audit mandatory for my company in Malaysia?Most private limited companies (Sdn Bhd) are required to undergo annual statutory audits unless they qualify for audit exemption under the Companies Act 2016.
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Can your audit help identify risks or improve internal controls?Yes. Beyond compliance, our audits include recommendations for improving internal controls, financial reporting accuracy, and operational efficiency.
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What types of audit services do you offer?We offer statutory audits, internal audits, and special purpose audits for companies in Malaysia, tailored to meet both regulatory requirements and business objectives.
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What is tax compliance and why is it important for companies in Malaysia?Tax compliance refers to fulfilling all tax obligations under Malaysian law, including accurate filing, timely payments, and proper documentation. Non-compliance may result in penalties or audits by the Inland Revenue Board (LHDN).
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What documents are needed for annual tax filing in Malaysia?You’ll typically need audited financial statements, tax computation, Form CP204 (if applicable), and supporting schedules. We’ll guide you through a customised checklist to simplify the process.
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When is the deadline for corporate tax filing in Malaysia?Corporate income tax returns must be filed within 7 months after the financial year-end. We help clients track key deadlines and avoid late submission penalties.
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What types of tax returns do you handle?We assist with corporate income tax (Form C), partnership tax (Form P), employer tax (Form E & EA), and withholding tax submissions, ensuring full compliance with LHDN regulations.
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How can Douglas Loh & Co. help foreign-owned companies with tax compliance?We specialise in guiding foreign-owned entities through Malaysia’s tax system — from registration with LHDN to fulfilling annual tax filing obligations, including withholding tax and cross-border reporting where required.
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Do you provide tax compliance services for SMEs and startups?Absolutely. We work with businesses of all sizes, including startups and growing SMEs, offering scalable tax solutions that grow with your business.
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What are the common tax risks companies face in Malaysia?Common risks include incorrect filings, underreported income, improper withholding tax deductions, and delayed submissions. We proactively identify and mitigate these risks for our clients.
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Can you represent my company in case of an LHDN audit or query?Yes. Our team can act as your authorised tax agent to respond to queries, manage correspondence with LHDN, and support you throughout audit or investigation processes.
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What are the statutory records a company must maintain?Companies are required to maintain documents such as the register of directors, shareholders, share allotments, meeting minutes, and resolutions. We handle these on your behalf.
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Can Douglas Loh & Co. act as our company secretary?Yes. We are a licensed company secretary registered with the Companies Commission of Malaysia (SSM) and provide full secretarial services to both local and foreign-owned companies.
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What happens if my company fails to appoint or maintain a company secretary?Failure to comply with statutory obligations can result in penalties, fines, or delays in company operations. Our role is to ensure you meet all deadlines and regulatory expectations.
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Do you handle annual return submissions and updates to SSM?Yes. We prepare and file your annual return, update SSM on any changes to directorship, shareholding, or company details, and ensure your records stay accurate and current.
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What does a company secretary do?A company secretary ensures your business complies with Malaysian laws and SSM regulations. This includes maintaining statutory records, preparing resolutions, filing annual returns, and advising on corporate governance.
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Can foreign-owned companies appoint a local company secretary?Absolutely. All companies registered in Malaysia, including foreign-owned Sdn Bhd entities, must appoint a licensed local company secretary. We frequently assist foreign investors in fulfilling this requirement.
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What’s included in your company secretarial service packages?Our packages typically include the appointment of a named company secretary, maintenance of statutory registers, preparation of standard resolutions, annual return filings, and advisory on compliance matters. Chat with us to find out more or if you are still unsure. We are happy to assist!
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Is it mandatory to appoint a company secretary in Malaysia?Yes. Under the Companies Act 2016, all Sdn Bhd (private limited) companies in Malaysia must appoint a qualified company secretary within 30 days of incorporation.