By Michelle Ja Ling
If you’re in need of an accountant in Malaysia, you’ve come to the right place! In this article, we give you a list of the top firms for accountants in Malaysia and exactly why we think they’re the best.
But before we proceed with our list, let’s first discuss how much it’ll cost you when you hire accounting services in Malaysia.
How Much Do Accounting Services Cost in Malaysia?
While the rates of accounting services vary largely based on the company you’re hiring, the size of your company, and the exact services you avail of, they usually base these rates on the number of transactions. To give you an idea of how much basic accounting services cost for a mid-sized company, check out this table:
|1001- 3000||RM 3,000|
|3000-6000||RM 4000- RM 5000|
Note that basic accounting services include bookkeeping, tax accounting, general ledger reviews, financial assessments reports, and more.
Top Firms for Accountants in Malaysia
Now, onto the list of the top firms for accountants in Malaysia!
1. YH Tan & Associates PLT
|SERVICES||Accounting, Auditing, Financial advisory, Taxation, Product pricing, Consultancy,etc.|
|ADDRESS||B-5-2, IOI Boulevard, Jalan Kenari 5, Bandar Puchong Jaya, 47170 Puchong, Selangor, Malaysia|
|CONTACT DETAILS||+60 3-8080 3887|
|OPERATING HOURS||Mon-Fri 8:30 am – 6:00 pm|
YH Tan & Associates is an audit firm in Selangor that works closely with all sorts of businesses and enterprises all over Malaysia.
They are a firm that strives to give you all your accounting needs by providing services in financial advisory, consultancy, auditing, accounting, and more.
More specifically, a few of their other services are bookkeeping, business management, solving backlog accounts, general ledger reviews, preparation of reports, and payroll services. You can check their website to view the complete list of their services.
YH Tan & Associates prides itself in offering one of the most affordable and competitive rates out there for quality services. They define quality by accuracy, efficiency, and effectiveness in terms of how they handle your accounting needs whether monthly or annually.
They’re a pretty flexible firm to work with. You can choose whether you want them to work in your office or remotely and they also accept project-based hires.
They provide services all over Malaysia in areas like Kuala Lumpur, Klang, and Puchong.
Here are reviews left by Stephanie and Wong about how happy they were with the services they received from YH Tan & Associates:
“Have been using their service for the past 4 years. Do their job in a professional matter and provide a lot of useful advice, give valuable feedback and assist us in transform business from offline to online during the pandemic period. Highly recommend!” -Wong
“professional and give a lot of good advice. this is my company 7th years of using YHTAN service, keep up for the good job.” -Stephanie
2. YAU & CO.
|SERVICES||Company & LLP registration, Account & bookkeeping, Payroll & human resources, Company secretarial, Tax compliance & planning|
|ADDRESS||E-3A-26, IOI Boulevard Puchong, Jalan Kenari 5, Bandar Puchong Jaya, 47170 Puchong, Selangor, Malaysia|
|CONTACT DETAILS||+60 18-206 8699|
|OPERATING HOURS||Mon-Fri 9:00 am – 6:00 pm|
YAU & CO is an accounting firm whose main focus is on entrepreneurs and giving them one-stop solutions for their accounting issues or needs.
The services they offer are those that help you with your accounts and bookkeeping, tax compliance and planning, company secretarial, payroll and human resources, and company & LLP registrations.
Since their main focus is helping you grow your business, they really take the time to understand what it is you’re doing and the reason you’re doing it. This helps them to help you better whether you avail of just their accounting services or their complete business advisory packages.
However, they don’t just work with new businesses. They also work with existing businesses or those who are thinking up exit strategies so you can work with them regardless of what cycle your business is in at the moment.
They also offer a 30-minute free consultation for budding entrepreneurs on how to start and grow their businesses.
Read these reviews left by Faye and Tommy who have trusted Yau & Co for years:
“Yau & Co, this firm has been handling my company matters for me. They have one of the best professional services in handling my matters.The firm gives very timely and good advice for my company matters.” -Tommy
“My legal firm has used Yau & Co. for the past 2 years . They are efficient and able to attend to my queries at any point. Highly recommended.” -Faye”
3. LCC ADVISORY SDN BHD
|SERVICES||Accounting, Bookkeeping, Drafting of financial statements, Taxation, Company registration, Corporate tax, Personal tax|
|ADDRESS||72, Taman, Jalan Kota 2/3, Cahaya Kota Puteri, 81750 Masai, Johor, Malaysia|
|CONTACT DETAILS||+60 16-748 8200|
|OPERATING HOURS||Mon-Fri 9:00 am – 6:00 pm|
For over 20 years, LCC Advisory has provided quality accounting and consulting services to its clients all over Malaysia and Singapore.
Asides from their accounting services, they also provide back-office support and services to help with your business planning. Their goals with these are to help your business become productive and, in turn, more successful.
Regardless of the size of your business and the service you avail of, they claim to be able to provide quick and quality results.
They also offer to provide registered addresses which is a must for all Malaysian businesses which makes them ideal for startup companies.
Lastly, they offer personal tax services as well so if you’re someone who needs help with those, we recommend LCC Advisory.
Here’s a table of their fees for their accounting services :
|Monthly accounting (50 or fewer transactions)||From RM 800 per month|
|Yearly accounting (less than 50 transactions)||From RM 1,800 per year|
|Drafting of financial statement (Single company)||From RM 1,000 per year|
|Drafting of financial statement (Group of companies)||From RM 3,000 per year|
4. AG Accounting Services
|SERVICES||Accounting, Bookkeeping, Accounting outsourcing, Accounts staff placement, Accounting recruitment, Accounting software|
|ADDRESS||31-2, Jalan 1/109f, Taman Danau Desa, 58100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia|
|CONTACT DETAILS||+60 12-527 2480|
|OPERATING HOURS||Mon-Fri 9:00 am – 6:00 pm|
Strategically located in the center of Klang Valley, AG Malaysia makes it easy for them to service clients in both Kuala Lumpur and Selangor. Some of their services include accounting, bookkeeping, accounting outsourcing, accounts staff placement.
They provide effective and efficient accounting solutions to meet their clients’ requirements. One of the ways they do this is by offering onsite arrangements for better communication between their accountants and their clients.
They do their best to remain flexible and to help their clients in terms of saving more money by figuring out ways of reducing costs. In line with this, they also seek to create customized solutions and think up value-adding services for all their clients and their client’s businesses.
They have offices in Singapore as well, which really benefits clients who also have a presence in Singapore. The country is known for being the regional hub for South East Asian market expansion so, if you’re thinking of going regional, AG Malaysia is a good choice.
Read these reviews left by Jiajun and Amalina:
“The accounting profession that I have dealt with is able to provide me with good informations and the environment is great. The company also provides a variety of accounting services and it is convenient for customers.” -Jiajun
“Admire the prompt feedback. They care about accounting related matters as well as concerns on our behalf.” -Amalina
5. Lim & Ani Associates Sdn Bhd
|SERVICES||Accounting services, Tax services, Company services, Business advisory, Digital corporate services|
|ADDRESS||Setiawalk, Persiaran Wawasan, Pusat Bandar Puchong, 47160 Puchong, Selangor, Malaysia|
|CONTACT DETAILS||+60 3-8408 1680|
|OPERATING HOURS||Mon-Fri 10:00 am – 5:00 pm|
Lim & Ani Associates Sdn Bhd is a full corporate service provider in Selangor, Malaysia.
They provide accounting as well as bookkeeping services to foreign investors in Malaysia. Their goal is to have you leave all the accounting, taxation, auditing, and SST works to them so that all you have to do is focus on growing your business.
Lim & Ani offers consultancy and support particularly for those who are looking to start their business and invest in Malaysia all while making sure they end up being profitable. They do this by facilitating daily account maintenance and auditing while also providing insight for good business management.
On their website, they clearly describe the process of how the process of working with them goes so it’s clear for you from the start.
Basically, you get assigned a staff accountant/certified accountant who reviews and organizes the information from your financial documents to create and maintain your account ledgers.
Check these reviews left by Rahman and Anwar regarding their experience with Lim & Ani:
“I got best company incorporation & invest support from Lim & Ani Associates as an foreign investor in Malaysia. Will recommend all to try.” -Rahman
“We got professional service for our company incorporation in Malaysia – H&Q Associates Sdn Bhd” -Anwar
FAQs about Accountants in Malaysia
We know how important it is t be able to trust and rely on your accountant and we’re sure our firm recommendations will get you the one you need.
Please don’t hesitate to reach out to us for any questions or concerns regarding your accountant-hiring process or the firms themselves!
Also, check out our article on the best business credit cards in Malaysia! You might find it useful one day.