Accounting and Tax

Our professional accounting and tax team, comprising local and German staff, offers comprehensive bookkeeping services for your Malaysian branch/subsidiary or representative office. Our language proficiency in German as well as the local languages guarantees smooth communication in all directions. We can also take care of your tax inquiries, working together, if required, with professional Malaysian tax consulting companies.

With us you can focus on your business, while we take care of your service requirements:

FINANCIAL ACCOUNTING

1. Preparation of Monthly Management Accounts

  • Trial Balance
  • Balance Sheet
  • Income Statement
  • Bank reconciliation report
  • Petty cash book
  • General ledger

2. Monthly Reporting to the German Head Office

3. Preparation of Year End Balance Sheet and Financial Statements for the Annual Tax Compliance

4. Invoicing and Bank Service

  • Record of invoicing and payment operation
  • Preparation and issuing of invoices
  • Individual payment and remittance service

PAYROLL SERVICES

1. Setting Up

  • Setting up payroll system
  • Correspondence with the German head office and balancing the data
  • Registration of the company (employer and employees) with the respective authorities (Employment Provident Fund and Inland Revenue Board)

2. Monthly Payroll Service

  • Coordination on the monthly payroll details
  • Liaising with the bank on the disbursement of staff's salary
  • Advising and remittance of Employees' Provident Fund (EPF), Social Contribution (SOCSO), Income Tax etc. to the necessary statutory authorities

DEinternational is able to offer the above mentioned services for a package price, which will be provided on request. 

ANNUAL TAX COMPLIANCE FOR EMPLOYEES

We assume the preparation of the annual tax returns for the employees and take care of the filing of the tax returns to the respective tax authorities in due time. The annual tax compliance for the employees will be charged with EUR 200 per employee.

ANNUAL TAX COMPLIANCE FOR THE BRANCH / SUBSIDIARY

The annual preparation and filing of the tax return for the branch / subsidiary will be done by a Malaysian tax consulting company. The fee for the preparation and filing depends on the size of the company. The fee will be provided on request.

GENERAL INFORMATION ON TAX ISSUES

If any information is required with regard to tax matters (e.g. withholding tax) we are very pleased to assisting you. In complex tax matters we will work together with professional Malaysian tax consulting partners.

The fees for our tax service will EUR 65 per hour. The service fee for the Malaysian tax consulting company depends on the required information depends on the complexity.

Please note that any expenses or fees paid on behalf will be charged in addition to the above fees as imbursements.

Contact

+60-3-9235 1800
+60-3-9235 1930

Mr Tan Seng Ngiap
Head of Accounts Department
Tan Seng Ngiap