Are You Engaging a Licensed Accounting Firm in Malaysia?
Don’t Put Your Business at Risk by Engaging Unlicensed Providers
Many SME business owners in Malaysia unknowingly hire accounting firms or individuals that are not legally allowed to offer accounting, audit, or tax services. This is as risky as going to an unlicensed doctor for medical treatment!
Here’s What You Need to Know:
To legally offer:
- Audit
- Accounting
- Taxation services
A firm or individual must:
- Be registered with the Malaysian Institute of Accountants (MIA)
- Hold a valid and active Practising Certificate issued by MIA. Under the Accountants Act 1967, it’s illegal to provide public practice services without both MIA registration and a valid practising certificate.
Why It’s a Big Deal
Malaysia’s tax and accounting landscape is rapidly changing:
- E-Invoicing rollout
- Service Tax & Withholding Tax updates
- Regulatory compliance from LHDN, SSM, and Customs
When you engage an unlicensed or fake firm, you’re at risk of:
- Wrong tax advice leading to penalties
- Delays in financial reporting and audit
- LHDN audits or investigations
- Invalid audited accounts that banks or regulators may reject
- Fraud or embezzlement
Be a Smart Business Owner – Always Verify!
Before engaging any accounting or audit firm:
- Ask for their MIA Firm Number
- Confirm if they have a valid practising certificate
- Contact MIA directly or use the online checker
Check here:
- MIA Member Search: https://member.mia.org.my/mia/memberSearch
- MIA Contact: 03-2722 9000
Engage the Right Partner
- Think long-term. A proper, licensed firm:
- Ensures compliance
- Gives peace of mind
- Can support your position with LHDN and other agencies
- Helps you grow with proper financial strategies.
Don’t fall for cheap, unlicensed operators.
They may be cheaper upfront — but the cost of fixing their mess could be much higher thereafter.
Protect your business. Engage only licensed accounting professionals.
Let’s keep your business safe and compliant.
How InTune Outsourcing Can Support SME Business Owners?
InTune Outsourcing is one of the Malaysia’s Most Advanced and Top Outsourced Accounting, Finance, HR and Payroll services providers.
We have served more than 400 clients todate and InTune offer full-range services from start up to small to medium-sized companies.
InTune takes away the stress and pains from managing Accounting, Finance, Payroll and HR, including Bookkeeping, Payment Services, Accounts Payable, Accounts Receivable, Payroll and more, by providing an expert team of CPAs and other accounting professionals who understand the special accounting needs of growing businesses.

