How to reduce share capital ?

How to reduce share capital ?
The share capital of a company is the only security on which creditors rely. So, any reduction of share capital diminishes the fund out of which they are to be paid. As a result, companies with shares are not allowed to reduce the capital frequently.

How To: Vested Shares for Startups in Malaysia by Example

Investments

The examples used here are simplified to help understand the concept. Such structures are complex and it is recommended to seek professional advise. Boss Boleh Cloud Company Secretary You probably tried searching about this within the Malaysia context and have found very little to almost no explanation on how this can be achieved. That’s because… Continue reading How To: Vested Shares for Startups in Malaysia by Example

Audit Fee Schedule & Table

Audit Fee Schedule & Table
Malaysian Institute of Accountants (MIA) has recommended Practice Guide on Audit Fee Charge (New Audit Fee) by Audit Firms for providing auditing services in Malaysia with effect from 1 March 2010.

MCO 3.0 covered 6 Districts

After examining the presentation of the Selangor Government and referring to MOH and HIDE date, Security Council Negara (MKN) agreed to implement PKP on 6 of the following 9 districts:
– Hulu Langat
– Petaling
– Gombak
– Klang
– Kuala Langat
– Sepang

8 Things You Must Know To Start a Clubhouse

What is Clubhouse?
It is an invitation-only audio-based and a new type of social media app, allowing people to talk everywhere, tell stories, and meet interesting people worldwide.

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Categorized as Startup

2 Ways to Close Down a Company

The store closed

Strike Off or Wind Up a Company. A quick guide to successfully close down a company smoothly. It’s a long process, keeping it simple is key.