COMPANY SECRETARY FEES
Details Of Services Included In The Company Secretary Fees
1. Appointment of Company Secretary
The Company Secretary Fees primarily cover the appointment of a qualified Licensed Company Secretary as the Client’s Company Secretary.
- Not include any additional secretarial, preparation of documents, statutory lodgement or other work that may subsequently be required to be performed by the Licensed Company Secretary.
2. Use of Registered Office Address
Our Client’s registered office shall be maintained at MSIB Corporate’s office address for strict purposes of compliance with the Companies Act 2016.
- The Client shall not use the registered office address as their business activities address unless expressly approved by MSIB Corporate in writing.
3. Safekeeping Minutes and Register Books
We will maintain custody and safekeeping of our Client’s Minutes and Register Books and will be made available for inspection by legally entitled person.
- Not include the preparation or entry of any subsequent changes or corporate events into such registers, minutes or records following completion of the Company’s incorporation.
4. Maintenance of Beneficial Ownership Records
We will maintain Our Client’s BO information and records based on information obtained during the incorporation process or subsequently provided by them.
- Not include the preparation, issuance or service of BO notices, verification exercises, investigation of BO information or any subsequent amendment or update.
5. Maintenance of AMLA Records
Includes maintaining records from customer due diligence and Know Your Client (“KYC”) procedures conducted involving the Client's officers, shareholders etc.
- Not include any subsequent KYC and due diligence relating to any new director, shareholder, BO or authorised person following completion of the Company’s incorporation.
6. Handling Notices or Correspondence from SSM
We will receive statutory notices, correspondence and communications issued by SSM and addressed to our Client and if necessary, will notify them.
- Not include the preparation of substantive replies, representations, applications, appeals, statutory documents or other action required by SSM on behalf of the Company.
7. Licensed Company Secretary at the Registered Office
The Licensed Company Secretary or His/Her representative will be available at the registered office during the applicable business hours.
- Not include any meeting, consultation, document preparation, certification, explanation or other assistance requested during or arising from such visit.
8. Annual Statutory Compliance Reminders
We will provide reasonable reminders to the Client regarding its recurring annual statutory compliance obligations under the Companies Act 2016.
- Not include the preparation, review, circulation, execution, lodgement or submission of the Client’s annual return and financial statements.
9. Administration of the Client’s Common Seal, If Any
Where the Client opted to maintains a common seal, we will facilitate its use in accordance with lawful instructions received.
- Not include the cost of purchasing, replacing, repairing or delivering the common seal or any other service required in connection with the use of the common seal by any person.
Our Monthly Company Secretary Fees
Promo Rate (Must be Paid 1 Year In Advance For Total 1 Year)
| No | Type of companies | Fees |
|---|---|---|
| 1 | Private Limited (Sdn Bhd) | RM720 a Year (RM60/mth) |
| 2 | Limited Company (Berhad) | RM1500 a Year (RM125/mth) |
| 3 | Foundation (Yayasan) / Charity Body | RM1140 a Year (RM95/mth) |
Normal Rate (This Rate Applied When Failed To Pay In Advance or Opt To Pay Monthly)
| No | Type of companies | Yearly Fees | Monthly Fees |
|---|---|---|---|
| 1 | Private Limited (Sdn Bhd) | RM1200 a Year (RM100/mth) | RM180 a month |
| 2 | Limited Company (Berhad) | RM1800 a Year (RM150/mth) | RM230 a month |
| 3 | Foundation (Yayasan) / Charity Body | RM1440 a Year (RM120/mth) | RM200 a month |
Important ! Please Read This Carefully
- Monthly Company Secretary Fees Above Must Be Paid in Advance For Minimum 1 Year.
- For Company Secretary Fees Payment Which is Not Inadvance or by Monthly Will Be Charge According to Normal Rate.
- Company Secretary Payment Fees Paid Are Strictly Non Refundable.
- We Are Not Involved in Your Day to Day Internal Business Matters.
- We Will Not Sign Any Documents By The Third Parties In Regards Internal Business Matters.
- Our Obligations Only Advise Matters Concern Companies Act 2016 With SSM.
- For Matters Concern Companies Act 2016 With SSM That Need Action Taken, There is Separate Fees Incurred.
- We Are Not Oblige to Advise Nor to Involve In Any Other Matters Which Is Not Concern to Companies Act 2016 With SSM.
- We Will Reserved The Rights To Resign At Any Time When There is Non-Compliance of s.248 & 259 CA 2016.
- When There is Non-Compliance of s.248 & 259 above, Company Secretary Fees Paid Are Non Refundable As Well.