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CNPS Cosec Company Secretary; Cosec

We take care your SDN BHD and LLP compliance with SSM

By CNPS COSEC SDN. BHD. SSM Registration No 202101001852 (1402150W)

Feel free to contact us

22/10/2025

New compliance for SDN BHD effective 2025

โœ๏ธ SSM = MBRS = xbrl format for FS
โœ๏ธ LHDN = MyTax = MITRS

Service providers will charge a fee of at least RM200 for above, you can DIY with link below

20/08/2025

๐Ÿš€ Simplify Your Financial Reporting with XBRL! ๐Ÿš€

Did you know that submitting Financial Statements (FS) via MBRS requires an XBRL file? ๐Ÿ’ผโœจ

Some auditors or company secretaries charge a premium for this service, but hereโ€™s the truth: With AI and modern software, converting PDF financial statements into XBRL format shouldnโ€™t be rocket science! ๐Ÿง ๐Ÿ’ป

XBRL (eXtensible Business Reporting Language) is a standardized way to present financial data, making it easier for regulators and stakeholders to analyze. ๐Ÿ“Šโœ…

Why pay more?
- AI-powered tools can automate the conversion process, saving time and reducing errors.
- Cost-effective solutions are now available, making compliance smoother and more affordable.

Letโ€™s embrace technology to simplify your financial reporting! ๐ŸŒ๐Ÿ’ก

14/08/2025

๐ŸŒŸ Op Titan by LHDN ๐ŸŒŸ

Hey AmazingCFO community! ๐Ÿ’ผโœจ

Did you know about Op Titan by LHDN? Itโ€™s a special initiative by the Inland Revenue Board to ensure everyone pays their taxes fairly and on time. ๐Ÿ•’๐Ÿ’ก

Hereโ€™s the deal:
โœ… Be a Responsible Taxpayer โ€“ Itโ€™s not just about avoiding penalties; itโ€™s about contributing to the nationโ€™s growth and development. ๐Ÿ‡ฒ๐Ÿ‡พ๐Ÿ’ช
โœ… Stay Compliant โ€“ Keep your records accurate and submit your taxes on time. ๐Ÿ“Š๐Ÿ“…
โœ… Avoid Trouble โ€“ LHDN is actively monitoring, so letโ€™s stay on the right side of the law! ๐Ÿšจ

Remember, paying taxes is a civic duty that helps build a better Malaysia for all of us. Letโ€™s do our part! ๐Ÿ™Œ๐Ÿ’ธ

๐Ÿ‡ฒ๐Ÿ‡พ

25/07/2025

๐Ÿš€ Boost Your Productivity with Blue.cc โ€“ Blue Teamwork! ๐Ÿš€

Tired of juggling tasks and losing track of projects? Say hello to Blue.cc, your ultimate productivity partner! ๐Ÿ’ผโœจ

Hereโ€™s what Blue.cc offers:
โœ… Project Management: Keep all your tasks organized and on track.
โœ… Process Management: Streamline workflows for maximum efficiency.
โœ… Database with Automation: Connect tools like Make.com, Pabbly Connect, or Zapier to automate repetitive tasks.

โœจ Itโ€™s like having a personal assistant for your business! โœจ

Ready to give it a try? Visit amazingcfo.com/blueteamwork and start your FREE trial today! ๐ŸŽ‰

24/07/2025

๐Ÿ“Š Get Your Financial Statements (FS) XBRL File Prepared with Ease! ๐Ÿš€

Struggling with XBRL file preparation for your Financial Statements? Weโ€™ve got you covered! Our fees are designed to be fair and affordable, especially for SMEs. Hereโ€™s how it works:

โœ… Base Fee: RM300 for the first 20 pages, RM10 per page for additional pages.
โœ… Fast Turnaround? We offer 48-hour (20% extra) or 24-hour (40% extra) options for urgent needs.
โœ… MFRS? Add an extra 20% for compliance.
โœ… Special Discounts: Existing CNPS Cosec clients get RM50 off, and dormant companies enjoy an additional RM50 discount!

Let us handle the technical stuff while you focus on growing your business. ๐Ÿ’ผโœจ

๐Ÿ“ฒ WhatsApp us at 016-222 1305 to get started!
๐Ÿ“– Learn more here: [MBRS FS XBR File Preparation Services](https://www.amazingcfo.com/mbrs-fs-xbrl-file-preparation-services-for-smes)

28/06/2025

๐ŸŒŸ Good News for Businesses & Consumers! ๐ŸŒŸ

The government has made some positive changes to the Sales and Service Tax (SST) that will benefit both businesses and consumers. Hereโ€™s what you need to know:

๐Ÿ’… Beauty Services Exempted
Manicures, pedicures, facials, and services by barbers and hairdressers will NOT be taxed. Time to pamper yourself without worrying about extra costs!

๐Ÿข Higher Threshold for Rental Services
The annual income threshold for businesses to pay service tax on rental services has been doubled to RM1 million (from RM500,000). This means smaller businesses can breathe a sigh of relief!

๐ŸŠ Exemptions on Fruits
Dates and mandarin oranges are now exempt from SST, joining apples and oranges. Stock up on your favorite fruits without the extra tax!

๐ŸŸ Essential Goods Remain Tax-Free
Daily essentials like rice, chicken, beef, vegetables, eggs, and local fish (e.g., selar, tongkol, cencaru) will continue to be tax-free.

๐Ÿ’ผ Relief for SMEs
These changes aim to support micro, small, and medium enterprises (SMEs) by reducing their tax burden.

The government has listened to public and industry feedback, making adjustments to ensure the SST expansion is fair and manageable.

Letโ€™s celebrate these positive updates that make life a little easier for everyone! ๐ŸŽ‰

23/06/2025

๐Ÿ“ข Attention Business Owners! ๐Ÿ“ข

If your business provides Taxable Services, make sure to register before 31 August 2025! ๐Ÿ—“๏ธ

The government has introduced a revised scope for the Service Sales Tax (SST), and itโ€™s crucial to stay to avoid any penalties. โœ…

Donโ€™t wait until the last minuteโ€”take action now to ensure your business is on the right track! ๐Ÿš€

๐Ÿ‘‰ Learn more here: [The Star Article](https://www.thestar.com.my/news/nation/2025/06/22/new-applications-for-revised-service-sales-tax-scope-open-from-aug-1-says-mof)

Stay informed, stay compliant! ๐Ÿ’ผโœจ

19/06/2025

๐Ÿ“ข Service Tax Act 2018 Update! ๐Ÿ“ข

Starting from 1st August 2025, businesses affected by the expansion of the Service Tax Act 2018 need to register as a Registered Person. ๐Ÿข๐Ÿ’ผ

The registration window is open from 1st August 2025 to 31st August 2025. Make sure to mark your calendars and get this done on time! โฐ

In simple terms, if your business falls under the expanded scope of the Service Tax Act, youโ€™ll need to register to stay compliant. Donโ€™t wait until the last minute! ๐Ÿ“…

Stay informed and avoid any penalties. Letโ€™s keep your business running smoothly! ๐Ÿš€

13/06/2025

How To Make Big Decisions for Your Business: LLP or Sdn Bhd? ๐Ÿค”๐Ÿ’ผ

Starting a new business venture? One of the first big decisions youโ€™ll face is choosing between an LLP (Limited Liability Partnership) or a Sdn Bhd (Private Limited Company). Hereโ€™s a simple guide to help you decide:

โ“ Is the decision reversible?
โœ–๏ธ If No (e.g., once set up, itโ€™s hard to change):
โณ No Time? Choose the safest option based on your immediate needs.
๐Ÿค” Have Time? Weigh the long-term benefits. Which structure offers the best ROI for your goals?

โœ”๏ธ If Yes (e.g., you can switch later):
โณ No Time? Trust your gut and go with what feels right.
๐Ÿค” Have Time? Think long-term: What will you regret not doing in 10 years? Take the leap!

๐Ÿ’ก Key Considerations:
- LLP: Great for partnerships, simpler to manage, and offers liability protection.
- Sdn Bhd: Ideal for scalability, easier to attract investors, and offers stronger credibility.

๐ŸŒŸ Pro Tip: Always take calculated risks. The only thing holding you back is fear of judgment.

Still unsure? Letโ€™s break it down further! Drop your questions below. ๐Ÿš€๐Ÿ’ฌ

13/06/2025

๐Ÿšจ Beware of Service Tax Evasion! ๐Ÿšจ

Thinking of avoiding or helping others evade Service Tax? Think again! The penalties are harsh and not worth the risk. Hereโ€™s why:

๐Ÿ” First Offense:
- Fine: 10x to 20x the Service Tax amount
- Jail: Up to 5 years
- Or both!

๐Ÿ” Repeat Offense:
- Fine: 20x to 40x the Service Tax amount
- Jail: Up to 7 years
- Or both!

๐Ÿ’ก If the tax amount canโ€™t be determined:
- Fine: RM50,000 to RM500,000
- Jail: Up to 7 years
- Or both!

โš ๏ธ Even helping others understate their tax liability can land you in trouble!
- Fine: RM2,000 to RM20,000
- Jail: Up to 3 years
- Or both!

๐Ÿ’ก The Bottom Line:
The risks far outweigh any potential gains. Always ensure compliance and seek professional advice to stay on the right side of the law.

Address

F-3-10 Boulevard Business Park
Kuala Lumpur
51200

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