Looking for first-class accountants? HBA Global Consultancy is a premier chartered accounting firm based in Penang. We bring over 15 years of hands-on expertise helping Malaysian businesses manage their accounts, resolve tax complexities, and drive sustainable growth.
Founder & Principal Accountant β Recipient of Britishipedia "Successful People in Malaysia"
We simplify financial complexities so you can focus on driving business revenue and operational success.
Accurate, timely monthly or yearly bookkeeping. Avoid the high risk and overhead of in-house accounting turnover.
Stay 100% compliant, avoid heavy penalties, and pay only what you legally should. Expert tax planning for businesses & individuals.
Fast and hassle-free SSM company registration. Complete statutory compliance from incorporation to annual filing.
Specialized corporate training in collaboration with AYJ Consultancy covering e-Invoicing, tax regulations, and accounting mastery.
Since 2010, HBA Global Consultancy has been supporting entrepreneurs and SMEs across Penang and the Northern region. Our team is led by senior chartered accountants who previously managed second-tier accounting firm practices.
Authentic 5-star reviews from entrepreneurs, SMEs, and corporate clients across Penang and Malaysia.
Clear answers to the most common questions Penang business owners ask about accounting, taxes, and incorporation.
Hiring an in-house accounting clerk often involves monthly salaries of RM 3,000 to RM 5,000, plus mandatory EPF, SOCSO, medical benefits, and accounting software licenses. High turnover can leave your accounts un-updated for months. By outsourcing to HBA Global, you gain access to a dedicated team of chartered accountants with over 15 years of second-tier firm experience for a fraction of the cost, ensuring monthly audit-ready books and proactive tax advisory without operational headaches.
Under LHDNβs national rollout, e-Invoicing becomes mandatory for all businesses, including SMEs, retail merchants, and sole proprietors, by July 2025. HBA Global provides complete end-to-end implementation support: establishing MyInvois portal workflows, setting up consolidated e-Invoicing for high-volume retail transactions, handling self-billed invoices, and conducting 100% HRD Corp claimable staff workshops.
Never ignore an LHDN notice or delay your response. Contact our licensed tax agent immediately. We will review the basis of the inquiry, assist in reconstructing or reconciling the requested accounting schedules, and correspond directly with Inland Revenue officers on your behalf to resolve the matter legitimately and minimize penalty risks.
With HBA Global, company incorporation typically takes only 3 to 5 business days once your desired company name is approved by SSM. We handle the complete legal setup including Section 14 incorporation documentation, appointment of a licensed company secretary, first board resolutions, and bank account opening assistance with major Malaysian banks.
Yes, 100%! All corporate workshops conducted in collaboration with AYJ Consultancy are accredited under HRD Corp (HRDF) SBL-Khas scheme. If your company is registered with HRD Corp, you can utilize your existing monthly levy balance to train your accounts, HR, and administrative personnel with zero direct out-of-pocket cash expense.
Yes, 100% foreign equity ownership is permitted in Malaysia for most commercial and service industries. Key requirements under the Companies Act 2016 include: at least one director ordinarily residing in Malaysia (a local citizen or a foreigner with a valid employment/resident pass), at least one shareholder, minimum paid-up capital of RM 1.00 (though RM 500,000 to RM 1,000,000 is required for retail/trade WRT licenses or foreign work permits), and the mandatory appointment of a licensed Company Secretary within 30 days of incorporation.
While mandatory ESG reporting under Bursa Malaysia initially targeted listed corporations, Malaysian SMEs are now directly impacted through multinational supply chains and bank financing. Under the Ministry of Investment, Trade and Industry (MITI) National Industry ESG Framework (i-ESG) and Bank Negara Malaysia directives, multinational manufacturers (MNCs) in Penang and commercial banks now require SME suppliers to disclose carbon emissions, fair workplace practices, and governance policies to maintain vendor status and qualify for preferential green financing. HBA Global helps SMEs establish practical ESG tracking, emission computations, and compliance frameworks.
