What if we tell you we can help you save up to 100% in taxes legally, so that you can spend that extra cash on your family, investing in your business, or even on a new car or condo?
Our clients have saved up to RM 20,000 in taxes a year using our methodology and some of them have even used these savings for their second home downpayment and mortgage, or brought their whole family to Europe twice a year.
Another client even invested the 5-figures he saved into financial assets, and now, this amount has compounded to 6 figures.
Here's what we did for our client, Richard Chan, an e-commerce seller.
Richard* has been selling healthcare products on Lazada and Shopee since 2017.
In 2020, he was making around RM 250,000 in annual profits as a Sole Proprietor. This meant paying around RM 45,000 in taxes. After we worked with him to sort out his accounting and taxes, to declare a certain amount of director's fee and compliance cost, as well as incorporated his company, he will only need to pay around RM 18,000 in taxes, which means nearly RM 27,000 (around 60%) in tax savings!
He has since used these tax savings for the downpayment of his new condo near Mont Kiara.
*Name has been changed for confidentiality reasons.
This is possible if you:
Are a Sole Proprietor earning more than RM 6,750 a month in profits (or RM 81,000 a year)
Are thinking about incorporating your company someday but just don't know when is the right time
Based on our Tax Savings Strategies generated by our Chartered Accountant and tax consultant, you can pay less taxes if you incorporate a Sdn Bhd instead of remaining as a Sole Proprietor, provided that your profits are more than RM 6,750* a month.
And with the RM 60,000 tax rebate** for all companies newly incorporated before 31st December 2021, the right time to do it is now.
* Provided that you declare a certain amount of director's fee, compliance cost, etc, that we have calculated for you.
** PENJANA Stimulus Package (June 2020)
Ready to stop overpaying your taxes?
Get started with our flexible plans for companies of all sizes.
Frequently Asked Questions
We help you to convert your Sole Proprietor/Partnership to Sdn Bhd (or Limited Liability Partnership, LLP) so that you could save more on tax while growing your company - all with no hassle on your end.
Chat with us to understand how we can help you save tax.