|
|
|
|
|
Welcome To Our Latest Newsletter
Dear Valued Clients,
We are glad to present you our newsletter for May 2016.
Please be informed of the change in our Company’s mobile number to +6012 313 7728. Please use this number if you wish to SMS or whatsapp us.
This month, we have also completed our partnership agreement with a member from Cambodia and we are now ready to serve our clients who wish to venture into Cambodia market. We wish to take this opportunity to welcome our Cambodia partner, V CHARTERED ACCOUNTANTS CO., LTD, a member firm of Kampuchea Institute of Certified Public Accountants & Auditors with offices in Phnom Penh and Sihanoukville. For more information regarding V CHARTERED ACCOUNTANTS CO., LTD, please refer to here.
We wish to highlight that we are one of the first few pioneer service providers in the Malaysia market offering free consultation services with a team ofexperts equipped with strong knowledge and professional skills in corporate advisory, accounting, tax, GST, payroll, immigration, auditing, nominee director services, compliance and legal matters. We trust that with our professionalism and best quality of services, we can be your best choice of service provider in the market who can provide the best services to you where you can have all your corporate needs well taken care of under one roof by the same firm.
We are excited to inform you that we are supporting our clients with MSC status application as well. MSC Malaysia status is awarded to both local and foreign companies that develop or use multimedia technologies to produce or enhance their products and services, and for process development. You can enjoy up to 10 years of tax exemption once approved. Click here for more information.
It is very challenging for a service provider like us to maintain the best quality of services within this competitive industry at the lowest price. However, we value the need to strike a balance between servicing our clients economically and making a marginal profit to remain sustainable. Please rest assured that you have made the best choice if you have chosen us as we can assure you that we are still the lowest priced services provider in the market among the high quality segment competitors.
Revision of Secretarial Service Fee
We would like to inform our valued clients that our company secretarial services fee will be revised to RM 1,000 per year with effect from 1 July 2016.
The revision is made mainly due to the following reasons:
- Rental cost and staff cost in Malaysia have been increasing steadily for the past few years but we have not revised our fee since our first day of operation.
- The existing fees is far below our very own breakeven point and the market rate among our main competitors.
- We are enhancing our secretarial package with the following added services in line with the high demand and request by the majority of our clients
> Receipt of normal mails, air mails, parcels (below 3 kg) or registered mails *
> Mail forwarding / Courier arrangement to a local / overseas address on daily / weekly / monthly basis is available (Service fee of RM 1 is applied for each forwarding)
> Daily notifications via email of mails received
> Statement of letters received is available upon request
> Free General Fax Services
> Free letter scanning services upon request
* Approval must be obtained for any bulky items / parcels (especially it is more than 3 kg) to be sent to the virtual office address. Daily handling fee and storage fee will apply.
On a goodwill basis, all our existing clients will be auto upgraded to the new services package without any action to be taken by you. There will be no additional top up fee required from you and you can enjoy this services free of charge until the expiry of your existing secretarial services package. For any renewal after 1 July 2016, the renewal fee of RM 1,000 per year will apply.
Kindly be reminded that the following extra terms and conditions will apply under the new secretarial services package:
• Upon termination of service or expiry of secretarial service, any mails, faxes and parcels delivered to 3E thereafter must be collected within one (1) month of termination of service/expiry of secretarial service, failing which all mails, faxes and parcels will be disposed off without notice to you.
• 3E reserves the right to forfeit any deposits / payments made if you default on any outstanding fees for any services /facilities provided by 3E to you. For mail forwarding services, the actual postage plus service fee will be reimbursed from the Company.
• 3E reserves the right to return any uncollected mails to mail/parcel senders and lodge the change of registered office address to your business address or your Director’s last known residential address in Malaysia provided to us, if any, upon expiry / termination of the secretarial service with or without notice to you. By entering into this Agreement with us, you are deemed to have consented to this arrangement.
• 3E reserves the right to open any letter or parcel to help identify the addressee should 3E is not able to identify who the letters / parcels belong to.
• 3E shall not be held responsible for any loss of mail or correspondence in the process of redirection of mail. Approval must be obtained for any bulky items (especially if it is more than 3 kg) to be sent to the registered office. Bulky items must be collected by the next working day. 3E will reject any bulky items without prior approval. Besides, 3E reserves the right to dispose the Bulky items which is not collected by the next working day.
• Should you request for redirection of mails to a designated address, actual postage will be reimbursed and our service fee of RM1 for each mail forwarding will apply.
• A minimum courier deposit of RM100 is required for any local and/or overseas mailing / courier arrangement.
• Local out-going fax charges applies (From RM1 for each page), faxing to overseas number (From RM2 for each page) is subjected to approval.
• Incoming faxes should be attention to your Company name for easier identification and 3E shall not be held responsible for any delay, non-sending & loss of fax(es) for you.
• This agreement shall remain effective for all subsequent services renewal.
• You hereby confirm that you are using the above services for legitimate business only and fully indemnify and hold 3E harmless from any loss, responsibility, costs or damages or liabilities from any party concerned.
For Updated full secretarial services package detail, you can refer to here
Thank you.
Stephanie Chua
Managing Partner
|
|
|
 |
|
Malaysia, Evidently at The Forefront of The Halal Industry
Malaysia, Evidently at The Forefront of The Halal Industry Malaysia is evidently at the forefront of the Halal industry. Malaysia’s Halal certification has gained recognition globally. Based on the State of Global Islamic and Economic Report 2015/2016, Malaysia was ranked as the best developed Islamic economy out of 73 core countries. This includes ranking 1st…
Read More |
 |
|
Additional Time to Submit Form Before E-Filing
Inland Revenue Board of Malaysia ( IRBM ) has informed that the submission of Form BE Year of Assessment 2015 for e – Filing will be extended until 15 May 2016.
Read More |
 |
|
MASB issues limited amendments to two Standards
MASB issues limited amendments to two Standards On 16 April 2016, the Malaysian Accounting Standards Board (MASB) has issued the following pronouncements: (1) Malaysian Financial Reporting Standards (MFRSs) (i) Disclosure Initiative (Amendments to MFRS 107) (ii) Recognition of Deferred Tax Assets for Unrealised Losses (Amendments to MFRS 112)…
Read More |
 |
|
MASB issues new Standard which requires lessees to recognise all leases on balance sheet
MASB issues new Standard which requires lessees to recognise all leases on balance sheet On 15 April 2016, the Malaysian Accounting Standards Board (Board) has issued MFRS 16 Leases to replace the existing Standard on Leases, MFRS 117. MFRS 16 is word-for-word IFRS 16 Leases as issued by the International Accounting Standards Board, and has…
Read More |
 |
|
Notification of Penalty Due to Failure/Late Payment of Goods and Services Tax
Notification of Penalty Due to Failure/Late Payment of Goods and Services Tax In accordance with amendments made to Section 41 of the Goods and Services Tax Act 2014, with effect from 1/1/2016 failure to pay the amount of goods and services tax to be paid within the period specified will be penalized. Imposition of penalties…
Read More |
 |
|
Annual Declaration by a Limited Liability Partnership (“LLP”)
Annual Declaration by a Limited Liability Partnership (“LLP”) The Companies Commission of Malaysia (“SSM”) had, on 29 February 2016, issued Practice Note No. 1/2016 “Limited Liability Partnerships Act 2012 – Requirements Relating to the Lodgement of Annual Declaration by a Limited Liability Partnership (“LLP”)“. This Practice Note serves to clarify on the areas below: Time…
Read More |
|
|
|
|
|
|
|
