Annual Return of Malaysia Company

Annual Return of Malaysia Company

Annual return is a summary of a company profile consist of general information about a company. It signed by a director or by the manager or secretary of the company and shall be lodged with the Suruhanjaya Syarikat Malaysia (SSM) within one month from the date its AGM (Annual General Meeting ) held.

 

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Annual return consists of the company information as shown as following:

  • Business office address
  • Branch office address
  • Registered office address
  • Principal business activities
  • Total authorized capital
  • Total paid-up capital
  • Charges registered with SSM (i.e. company assets pledged)
  • Company directors
  • Company secretary
  • Shareholders

 

Annual General Meeting (AGM)

According to the CA, all the Malaysia companies are requires to hold its first AGM within 18 months of its incorporation. The subsequent AGM must be held once in every calendar year and not more than 15 months after the holding of the last preceding AGM.

 

AGM should be held to present important agenda as following :

  • Present the Financial Statements
  • Dividend declared by the directors agreed upon
  • Appointment of new directors
  • Appointment of auditor

 

Notes:

1) If fail to lodge in the annual return into SSM, the company will be cancelled / disbanded / strike off under the power of the Registrar. However, you still can lodge the annual return after the due date by paying penalty.

2) Dormant company are required to lodge Annual Returns to the SSM.

3) Even through you have applied for strike off the company / in the process of de-registration, you still required to lodge the annual return because the status of the company still exists.

 

Contact Us

If you have further queries, please contact Tannet

24 hours Malaysia hotline:603-21418908;

24 hours Hong Kong hotline:852-27837818;

24 hours China hotline:86-755- 36990589;

Email: mytannet@gmail.com

TANNET GROUP: http://www.tannet-group.nethttp://en.tannet.com.my

China Company De-registration

China Company De-registration

In China, the procedure for company de-registration is rather complicated, particularly in face of mainland customs and tax departments compare to register a new company.

 

Closing Down 1

According to China’s new company law, a company may have to be dissolved when one of the following conditions is met:

1. The business operation term as agreed in the company’s Articles of Association becomes expired or other condition for dissolution as agreed in the Articles of Association for dissolution occurs;

2. Resolution of dissolution is made by the meeting of shareholders;

3. The company is merged or separated and the company will not exist any more;

4. The business license is revoked by government, or the company is ordered to be closed or cancelled;

5. There is serious difficulty in company’s operation and management and the shareholder’s interest may suffer great loss if the company continues to operate. Shareholders who holding ten percent or above voting right may file to the court for dissolution if negotiation among shareholders fails.

 

China Company De-registration Procedure

1) Shareholders decide to liquidate Company

2) Company selects a professional firm to assist with the process of de-registration

3) Preparation of related documentation such as resolution for termination of the Articles Of Association (‘AOA”), application letter, liquidation committee list, resolution of shareholder for company de-registration and the liquidation team and other sort of document required by relevant authorities.

4) Application for liquidation with the Bureau of Commerce (“BOC”) and Administration of Industry & Commerce (“AIC”)

5) Formation of a Liquidation Commitee

6) Public announcement issued in local newspapers

7) Employees should be laid off

8) Valuation and sale of company assets

9) Creditors paid off

10) Final Audit conducted (including all liquidation transactions)

11) Businesses trading, importing / exporting across borders must de-register from China Customs

12) Deregistration from the local governing Tax Authority

13) Destruction of company chops and seals

 

Note: Before file the de-registration application, corporate bank account should be closed and make sure that there is no outstanding accounts receivable.

 

Contact Us

If you have further queries, please contact Tannet

24 hours Malaysia hotline:603-21418908;

24 hours Hong Kong hotline:852-27837818;

24 hours China hotline:86-755- 36990589;

Email: mytannet@gmail.com

TANNET GROUP: http://www.tannet-group.net , http://en.tannet.com.my

New Zealand Trademark Registration

New Zealand Trademark Registration

New Zealand trademark registration can be obtained for words, logo, numerals, slogan, device and more. It is provides legal right of exclusivity for use of the mark to the owner of the trademark. New Zealand trademark registration is however a long process involving multiple steps. In this article we cover the trademark registration process in New Zealand.

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New Zealand Trademark Search

Before filling a New Zealand trademark to the official trademark office for registration, we strongly suggest having a thorough search conducted. Due to processes of search conducted, you will know the chances of successful registration in a matter. We will conduct a comprehensive search of the records held in the 'trademark registry' by the government office, and report to you on any trademarks found to be identical or deceptively similar to yours.

 

Unlike business or company name registration, it can sometimes be difficult to register your trademark if a similar mark is already in place. From comprehensive report can advise you of options to overcome difficulties. We will also advise you on matters, other than conflicting trademarks, that may cause problems or difficulty in registering your mark.

 

Filing an New Zealand Trademark Application

Once the search is finalized, or if you choose not to have a search conducted, we can file a New Zealand Trademark application with the government office on your behalf. It is at this stage, we must specify which of the 45 classes we are applying under. A fee is charged per class or category required. A class is essentially a category of goods or services. For example, if your trademark is to identify a clothing label, then only one class would be required. However, if the trademark was also the name of your shop then an additional class would be required.

 

New Zealand Trademark Examination

Once filed, the government office will send a letter out within two weeks, to acknowledge the application as filed and to allocate your official trademark number. This number remains for the entire life span of your trademark.

 

The government office will then ‘examine’ your trademark application. This is to ensure that it complies with the rules and regulations of trademark registration, and to ensure there are no other issues that should prevent registration. The results of this examination will mirror those provided by our office at the search stage, in nearly all cases. The examination conducted by the government office will take approximately four months, at which time they will forward either an ‘acceptance letter’, or an ‘adverse report’.

 

If your trademark is accepted, your trademark will be advertised in the Official Journal of Trademarks on a date specified at the time of acceptance. Once advertised, a formal ‘opposition period’ will follow. An opposition period is for three months and means that any third party can file an official objection against your trademark becoming registered.

 

If the registrar issues an examination report, it means that a problem, of some description, has been found. If this is a minor issue, we will attend to it on your behalf and report to you accordingly. However, if it is a bigger issue, such as a similar mark has been found, or the trademark has been deemed generic, we will need further information from you, in most cases, before responding the report.

 

New Zealand Trademark Protection

Once your mark has been accepted, and presuming no third party objects to your registration during the standard three month opposition period, your trademark will become registered for a period of ten years from the date of filing.

 

Contact us
If you have further queries, please contact Tannet
24 hours Malaysia hotline603-21418908;
24 hours Hong Kong hotline852-27837818;
24 hours Hong Kong hotline86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP: http://www.tannet-group.nethttp://en.tannet.com.my