Firm
Q : What are the procedures on registration as a firm?
To comply with the following :
a) to do a name search;
b) to complete Form N;
c) to enclose a sample letterhead of the firm;
d) to enclose letter of Resignation (where necessary);
e) to enclose a particular Agreement for a Partnership;
f) to enclose Form 49, 24, M & A for a Body Corporate.
Q : Can the Registrant open two (2) different firms at the same times?
No.
Q : What are the procedures to terminate the existing firm?
The principal or partners or Directors have to submit Form V and advertise the cessation of their firm in the local newspaper and forward it to the Board.
Q : What are the procedures to change address of the firm?
You are required to submit Form T together with the requisite fee of RM250.00.
Q : When is the last date for submitting of renewal of the firm?
The last date for submission of renewal is 31 December of that year.An extension will be granted till 31 March the following year.
Q : What are the documents to be submitted for renewal of a firm?
The following documents would request for renewal of the firm :
a) a complete Form P;
b) the requisite fee of RM50.00 (sole-proprietorship) and RM75.00 (partnership & body corporate);
c) the audited accounts;
d) the Professional Indemnity Insurance;
More on the FAQ regarding Guidance for the Registration of Firms can be found here.