The calculations are as followed :
~ Calculation for 1 year basis
1) Secretarial Fees :- RM60 X 12 Months = RM720.00
2) Accounting Fees :- RM1,000 (preparation of full set of account)
3) Taxation Fees :- 10% - 30% of Audit Fees
4) Audit Fees :- RM1,500 (Higher than this amount as this Audit Fees is based on the turnover/total asset of RM150,000)
Total Amount
= RM720 + RM1,000 + RM300 + RM1,500
= RM3,520
Let say the total companies in our service line is around 100 companies :-
= RM3,520 X 100 companies
= RM352,000 per year (Minimum income)
