YYC - GST Advisory | KL | Malaysia

The scope and requirement of Malaysia GST is the most complex compared to other countries around us. Fortunately, our YYC GST Consultants with our motto “KEEP GST SIMPLE AND SHORT” have an enviable reputation for their ability to break things down into simple language. No matter how complex the problem, our experienced GST advisory and planning team can help.

Our GST Experts were trained by the Royal Malaysian Customs Department (RMCD) and passed the examination for the GST Consultants organised by RMCD and Malaysian Institute of Accountant (M.I.A.).

They have a complete understanding not only of the Malaysia GST but of RMCD's policies and procedures. 

Our services

  • GST Implementation Advisory & Planning
  • GST Support and Consultation
  • GST Workshops

GST Implementation Advisory & Planning

In view of the complexity and scope of GST requirements, our GST Advisory & Planning Team will apply the Principal of “Keep it Simple & Short” to avoid any unnecessary complexities of GST that affects your company.

We will prepare your staffs and your organization to be GST ready so that they understand the tax mechanism and its application to the business which includes amongst others; proper record-keeping requirements, appropriate treatment to the company’s products and services, likely impact to cash flows, pricing strategies, business contracts and day-to-day accounting for sales and purchases.

Our GST Advisory & Planning service for SMEs:-

Step 1: Review business structure and operation to identify negative impact on GST

Step 2: Conduct GST Training and provide Solutions for negative impact on GST

Step 3: Liaise with your system consultant for GST implementation

Step 4: Perform trial run on your accounting system

Step 5: Assist your company in GST registration

Step 6: Review the first GST return after GST Implementation


Our GST Advisory & Planning service for Non SMEs:-

Phase 1: Initial Review & Awareness

  • To perform an initial review on your Group’s business structure and operation.
  • To conduct an initial meeting and training with key personnel to develop awareness of GST and to discuss the identified specific GST issues in respect of the initial review.
  • To establish GST team/coordinator, discuss schedule of meetings, project timetable, list of persons in charge, responsibilities, processes, possible issues and expectations with key personnel.
  • Key personnel include :-

           -      Directors

           -      CEO, CFO and COO

           -      Head of Department

           -      General Manager

           -      Manager

           -      Assistant Manager 

  • To provide GST training to educate the relevant staffs from the various department.

Phase 2: Detailed Assessment & Impact Study

  • To discuss with the relevant key personnel for the following purposes:-

           -      To obtain an overview of the business operation, structure and model.

           -      To understand the accounting system and applicable key process.

  • To review the organizational chart and group structure for identifying business unit / core business process.
  • To assess the complexity of your group’s business transaction and advise on the GST implication.
  • To assess key operational issues to be addressed including strategic impact of GST on financial reporting, profitability pricing and cash flow of the group.
  • To review all existing contracts entered into by the company with the objective of determining the appropriate GST treatment.
  • To analyze the current business arrangement of the company and identify issues that are subject to transitional rules and the relevant issues  that have arisen.


Phase 3: Implementation

  • To develop action plan for the GST implementation.
  • To make recommendation and assist in the implementation according to action plan.
  • To assist in your group to liaise with the software consultant for system customization process.
  • To assist in trail run to test the effectiveness and adequacy of the operation systems and process in order to ensure that they are GST compliant.
  • To prepare a GST manual for guidance of your group’s staff.

GST Support & Consultation

  • Assist in GST Registration
  • Review and prepare GST Return
  • Provide GST advice on post GST implementation

GST Workshops

Types of GST Workshops Available at YYC Business School:

1. GST & Income Tax Development Workshop

2. GST Essential Workshop

3. GST Latest Developments and Compliance Workshop

1. GST & Income Tax Development Workshop

Several companies have been identified by the Customs for inaccurate GST submission since the implementation began in April 2015.Many companies are still failing to comply with The GST Act and might suffer great financial loss. 

There were many changes that occurred during the period of GST implementation which includes the changes of taxable goods and tax codes. The IRB has also announced the impact of GST towards income tax in the recent Public Rulings .

Are you aware of the latest GST & Income tax treatments and the changes? 

To be a professional GST practitioner, you need to master the GST treatments which includes filling GST registration, furnishing details pertaining inward and outward supply of goods and services, filing GST returns in a timely basis and many more .

This workshop will provide the most comprehensive GST knowledge and income tax development information to assist you in producing your financial report with the highest accuracy.

Course outline :-

  • General GST Issue
  • GST registration
  • Employee benefits
  • Import
  • Export
  • Supply
  • Tax invoice and records keeping
  • Input tax credit
  • Valuation 
  • Transition rules

Date & Venue:

YYC Sri Petaling
18 May 2018 (English)
For more information: https://yyc-gst-sp-may-e.gr8.com/

YYC Johor
21 May 2018 (Mandarin)
For more information: https://yyc-gst-jb-may.gr8.com/

YYC Kota Damansara
22 May 2018 (Mandarin)
For more information: https://yyc-gst-kd-may-m.gr8.com/ 

Course Fees: 
RM 698 - per person (price inclusive of 6% GST)

Special offer for Early Bird Registration
RM 498 per person (price inclusive of 6% GST)

2. GST Essential Workshop

Since 1 April 2015, the Goods and Services Tax (GST) policy has been implemented with the purpose of improving tax management, capacity, efficiency and transparency. Now GST has become a key part of the accounting report, and any policy updates and changes cannot be ignored. If you have a little knowledge of GST, don't worry, it will be a GST Essential workshop for you.

Through this workshop, you will be able to fully understand the concept and implementation of GST, master its key knowledge and learn how to file a GST return steps by steps, where you can become a professional accounting person with the most cutting-edge GST knowledge.

Course outline :-

  • Understanding the concept of GST
  • GST Registration Guidelines
  • Scope of GST
  • Professional GST Documentation
  •  Efficient GST Return 
  • GST Purchase Tax Codes 
  • GST Supply Tax Codes 
  • Offences and Penalties

Date & Venue:

YYC Penang
17 May 2018 (Mandarin)

For more information: https://yyc-gst-essential-pn.gr8.com/

YYC Sri Petaling
21 May 2018 (English)

For more information: https://yyc-gst-essential-sp-may.gr8.com/

YYC Johor
28 May 2018 (Mandarin)
For more information: 

Course Fees:
RM 298 - per person (price inclusive of 6% GST)

Special offer for Early Bird Registration
RM 199 per person (price inclusive of 6% GST)

Group Promo 2 Pax Registration 
RM178 per person 
(price inclusive of 6% GST)

3. GST Latest Developments and Compliance Workshop

GST non-compliance is widespread among SMEs in Malaysia – 40% of GST registered businesses are found making errors in GST returns.

Many businesses are facing challenges in keeping up with the recent updates and amendments in GST, they are having a hard time in understanding it and unable to apply the changes correctly.

While Customs targeting to visit about 200,000 GST registered businesses in Malaysia this year, businesses should buck up for GST compliance and always be ready.

On a mission to help SMEs, YYC Business School brings you the GST Latest Developments and Compliance Workshop designed to help you better understand the recent developments in GST which could significantly impact your GST reporting.

This workshop will equip you with the practical and updated knowledge to spot GST issues, and take the appropriate steps to resolve them in a timely and effective manner.

Course Outlines:

  • Latest Changes on GST-03 Return and Tax Codes
  • Hands-on Tax Codes Exercises
  • Latest GST Developments: GST Audit and Investigation
  • Common Compliance Issues
  • Specific Compliance Issues

Date & Venue:

YYC Johor 
11 May 2018 (Mandarin)
For more information: https://yyc-gst-tax-code-jb-may.gr8.com/

YYC Puchong
17 May 2018 (English)
For more information: https://yyc-gst-taxcode-pc-e.gr8.com/

Course Fees:
Limited Time Offer! Two for the price of one!
RM199 for Two

Normal price RM199 per person 

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