Whether you are looking for comprehensive maintenance of your accounting books and records or a tax agent to submit your tax return, I am a Chartered Accountant ready to provide you with services designed to add value to your business. My aim is to alleviate your concerns regarding the accounting and administrative side of your business and free you up to have more time to focus on what you do best! Typically I work with start-up and small to medium enterprises based in Kuala Lumpur. I have a very unique perspective of providing advisory services that comes from my 14 years of experience not only as an accountant, but working with small to large businesses as a director, group accountant, manager with a big 4 audit firm and turnaround manager. My experience has provided me with opportunities to work in a variety of industries including: manufacturing, consumer products, software, retail, technology, distribution, plantation, banking, property development, trading, shipping and freight forwarding. My accounting services and business advisory consulting specialties include: Audit & Assurance Corporate Secretarial Tax Services GST Advisory Services Administrative Outsourcing Accounting Services Financial Analysis Email me at okpgst@gmail.com and see how I can add value to your business.

1. OKP Group
GSTConsultingUnit
IsyourbusinessREADYfor
GSTImplementation?

2. GST–ANewChapterForMalaysiaBegins……..
Isyourbusinessready?
SlowlybutsteadilyGSThasfinallyarrivedattheMalaysianbusinesssceneandthemovetowardsoneofthemostpopulartaxsystemaroundtheglobeisnowareality(oralmost).TheGSTAct2014hasbeenpassedintheParliamentinApril2014asastepclosertoimplementingGSTinMalaysiaontheproposeddateof1stApril2015.
Thesignificanceofthisnewtaxregimeisthatitwouldhaveanimpactacrossvariousbusinessfunctionsandnotjustthetaxorfinancefunction.Inotherwords,manyofthewaysMalaysianbusinessesoperatemayneedtochangeinordertoaccommodatethisnewtaxregime.
ItisimportantforallbusinessestobeGSTcompliantcome1stApril2015.WeareheretohelpyouidentifythecriticalissuesthatmayimpactyourbusinessduringthetransitiontoGSTaswellasforcompliancewiththeGSTrulesandregulations.
KeySuccessfactorstobeGSTready
Embed mindsetthattax/financeissue
GSTis abusiness issueandnotjusta
EarlypreparationandplanningtoidentifyimpactofGSTonyour businessactivitiesandhowtoimplementit
AllocatingsufficientresourcestoimplementGSTstructureand system
ImpactofGSTIsWiderThanJustTaxMatter….…
It is an enterprise wide issue
•
Impactoncashflow
•
IdentificationoftransactionandGST liability
•
Educationand communication
•
Employeefringebenefitspolicy
•
Systemschanges
forGST compliance
•
Registration&Compliance
•
Reviewofexistinglongterm contractsandrelevantGSTclausesfornewcontracts
•
Groupstructure reviewtoascertain
benefitsofgroupregistration
•
CAPEXPlanning
•
Endofsalestaxfacilities
•
PreferentialvendorsunderGST
•
Impactoncostingandpricing
•
Impactoncurrentcontracts
•
Effectonwarranty
•
Re-negotiatecreditterms
withcustomers
•
Maximisationofinputtaxcredit
•
Issuetaxinvoicewithin21days
SalesandMarketing
FinanceandAdministration
Procurement
Legal/ Accountability
Human Capital
Business efficiency
Information Technology
GST
Committedtounderstandandfulfil your needs
Quality expected, quality assuredwith high standardsof excellence
Competitive pricingto build
long term relationship
Why pay more?
WeensureyoursuccessinimplementingGST

3. Your Needs, Our Services……..
Our GST implementation support services
OurstructuredapproachtoassistyouinGSTimplementationisenvisagedasfollows:
Avoidsignificantpenalties thatcanbeimposedforeverytransactionthatdoesnotcomplywithGSTlegislation
Avoidcashflow problemsthatcoulddisruptbusiness operations
Remaincompetitivein termsofpricingandcostbase
AllBusinessesNeed ToBeReadyForGST…….
Why when GST is not meant to be a cost to businesses ?
Phase 1: Planning and Impact Study
•
Ensure proper project set up for the implementation
•
UnderstandGST impact on business transactions
Objective
•Approximately 1 to 3 months
Duration
•
Discuss project set up and business needs
•Awareness session for staff
•Transactionanalysis
•GST meetingsto discuss specificissues
•Others
Scope
Phase 2: Implementation Support
•
Workingtogether with your team to ensure that your company is GST compliant come 1stApril 2015
Objective
•Approximately 4 to 8 months
Duration
•Provide technical support during implementation Highlight internal changes required
•Gap analysis when rulesare finalised
•Assist in GST registration
•Review first twoGST return
•Others
Scope
Wecanbe
“YourPartnersInSuccess”

4. Want tobe GSTready……...
Contact Dennis Ooi
+60125775595 (Whatsappme)
okpgst@gmail.com
OKP Group: putting YOU first
Office:
c/o MagnawiseServices SdnBhd
56-2-1, JalanMedan Putra 3
Medan Putra Business Centre
Bandar Sri Menjalara
52200 Kuala Lumpur
Malaysia
t +603 6272 3290 f +603 6272 4299
DennisOoi
A Chartered Accountant, Dennis has more than 14 years of experience in providing professional accountancy services. Currently Dennis is attached to OKP Group, specialising in providing a range of professional services including audit, corporate secretarial, taxation, GST advisory, administrative outsourcing, and accounting services. Previously served as an interim middle-level executive from 2001 to 2005 involving in the corporate restructuring projects of three public listed companies and a start-up project of an IT company, and then as a Manager in the Transaction Advisory Services, Ernst & Young, Singapore from 2005 to 2006.
He has also worked on many audit and assurance engagements when he started his career in Deloitte, Kuala Lumpur, after completing the ACCA examination in 1999 at the age 21. He was specialising in manufacturing, plantation, banking, property development, trading, shipping and freight forwarding industries, besides experience in special assignments including financial due diligences, and investigation of irregularities in the corporate banking department for a financial institution.
Dennis has recently obtained the GST certification issued by the Royal Malaysian Customs Department for GST Practitioners in Malaysia. He conducts training on Goods and Services Tax implementation issues.
Qualifications and Memberships
•
Fellow of the Association of Chartered Certified Accountants (FCCA).
•
Chartered Member of the Malaysian Institute of Accountants (CA, MIA).