Whether you represent a public company, corporation (either locally or globally), or non profit organization, we can help you with our audit & assurance services. Our global affiliations through INPACT International also mean that we can manage and co-ordinate your audit requirements almost anywhere around the world. 

Statutory audits:

• Audits of annual accounts of companies in compliance with the Companies Act and other legislation.
• Advice to clients on a full range of accounting and auditing matters.
• Advice to company directors on their statutory obligations and responsibilities.

Special Audits and Reports

• Investigations into irregularities and making recommendations to clients.
• Special reports for specific purposes, e.g. valuation of companies and operational assessments.
• Special audits for acquisitions, mergers and stock exchange listings.

We have been involved in many insolvency cases in Malaysia in recent times. Our involvement has included acting as lead advisers to insolvency specialists, banks, shareholders, debtors and potential purchasers. We also act as advisers on the sale of distressed assets, and, working with Department of Insolvency to help our clients in restructuring financial provisions and finding practical solutions to financing problems. To this end, we are considered experienced advisers in the restructuring space, and are recognized for our innovative approach and pursuit of commercial outcomes. With a powerful platform of restructuring and insolvency lawyers, we are well placed to act in complex insolvency issues that have arisen in the financial crisis.

• Advice to lenders and trade creditors on debt recovery.
• Assistance to rescue the companies in financial crisis.
• Business or debt reorganization.
• Receivership, creditors’ voluntary and compulsory liquidations.
• Monitoring of the financial performance of troubled companies.
• Forensic investigations.

For many of our entrepreneurial client, we are their sounding board for future plans, fine tuning ideas and providing a reality check to identify any potential flaws. But more than this we back up our strategic planning with exceptional implementation and expertise in tax, risk management, management reporting, structuring, and the regulatory requirements both here and overseas.

With our global affiliation across the globe, rest assured that wherever you wish to bring your business to, McDonald Carter is here to assist you. Been dreaming to expand your business to China? Helping you to invest in China market is one of our prominent services currently.

• Assistance in setting up presence in China.
• China tax planning and advisory services.
• Searching for business and financial information of Chinese enterprises.
• Business consultancy services.

We understand that you are busy and need your tax and compliance worked managed efficiently and effectively. Managing your accounting and GST needs is not just about form filling for the Government. It is about understanding how you operate, how you need to be operating, and the most efficient and practical way of fulfilling your obligations.

• Maintenance of accounting books and records.
• Preparation of periodic and annual
• accounts.
• Handling of commercial papers, e.g. banking and shipping documents.

Our team of experienced Company Secretaries
provide services to ensure compliance with the Corporations Act and associated legislation in a practical, pro-active and commercially aware manner.

• Incorporation of companies locally or abroad.
• Maintenance of stock of shelf companies for incorporation in offshore jurisdictions (e.g. British Virgin Islands, Bahamas, Bermuda, Cayman Islands, Mauritius, Marshall Islands, Panama, Samoa,Vanuatu, Labuan, Switzerland, etc.).
• Setting up of representative offices and branch offices of overseas companies.
• Ensuring compliance of statutory requirements.

Provision of:

• Company secretary
• Registered office
• Nominee shareholder & director
• Authorized representative for overseas companies
• Company search
• Certification and notarization services
• Assistance in opening overseas bank accounts

Whether you have been in business one week or five years, an infusion of funds is always welcome. But what type of financing is best for your business? There are so many factors to consider - from the stage of your business to how much it will cost to obtain the funding. Choosing a path to follow can be overwhelming, but to obtain a successful funding is even more frustrating. Whether it is to expand your business or to survive through a difficult period, with our wide pool of potential investors and bankers, we are always here to service.

Our certified financial planners can ensure that your financial future is in synchronicity with your taxation, business, and strategic objectives. It is the advantage of working with a firm with a depth of skill across a breath of services.

Company Income Tax, Capital Gain Tax, Goods & Services Tax (GST) and Value Added Tax (VAT). You may be looking for some specific advice or simply want to talk to someone about your tax planning options. Our tax advisers are trained not only to know what the legislation says but are able to explain what it means to your business and find the best solution from not only a taxation perspective, but a commercial one too. We can help you find the right solution not just for tax purposes but for the future of your business. And if you need it, we can also help get you resolve existing tax problems.

• Acting as clients’ tax representatives, preparation and filing of tax returns.
• Tax planning and advice on tax matters for companies and individuals to minimize their tax liabilities legally.
• Estate Duty and Stamp Duty Planning.
• Assistance in handling IRD inquiries, tax field audits, tax investigation and appeals.
• Preparation and filing of Employer’s Returns on employees’ remuneration and Tax Returns for individuals.
• Preparation and filing of Property Tax Returns.
• Preparation of Personal Assessment Return.

• Gathering and analysis of financial and accounting information for litigation purposes.
• Tax litigation support.
• Provision of expert witness.

Turning an enterprise into a publicly traded
company through an Initial Public Offering (IPO) is a significant milestone for your company. It calls for the combined efforts from the accounting, legal financial advisory and underwriting professions.
We can advise and assist you to navigate the complex route to becoming a public company advising on capital market (local or foreign) alternatives (i.e. Main
Board or GEM).

• Helping clients understand and plan toideal with the regulatory process.
• Ensuring clients are able to maintain adequate financial records and have appropriate internal controls in place.
• Introducing clients to advisers (e.g. Sponsors, lawyers, underwriters, public relations firms, etc.)
• Advising on the listing process, timetable, size of issue, asset backing.
• Auditing historical financial information and issuing the accountants’ report.
• Reviewing profit and working capital forecasts.
• Attending drafting meetings for listing documents.
• Advising on the preparation of the prospectus.
• Assisting management respond to any inquiries raised by the Stock Exchange.
• Managing applications for the offer shares.