Welcome To CHI-LLTC

CHI-LLTC is a medium size Chartered Accountants Firm in Malaysia and is registered with the Malaysian Institute of Accountants and the Malaysian Institute of Certified Public Accountants. It was established as a result of merger of several practices.

 

Our Services

AUDIT AND ASSURANCE


Statutory Audits

Statutory audit is our core function in the firm. It is legally required external audit being conducted annually to meet a specific set of requirements by the government and to determine whether the company is providing a true and fair view on its financial statements. It relies on the internal audit reports, verification of financial information, documents and related stock validations. Scope and nature of audit program are subject to the specifications of the governmental body and financial institutions.

Financial Due Diligence

Financial Due diligence is a finding of a potential investment, proposed acquisition or product to confirm all facts, such as reviewing all financial records, plus anything else deemed material. It refers to the care a reasonable person should take before entering into an agreement or a financial transaction with another party.

Special Audit

A special audit is a limited-scope examination of financial records and other information designed to investigate allegations of fraud, theft or misappropriation of funds – or to quantify the extent of such losses.

Assurance Services

It includes review of any kind of financial document or transaction, such as a loan, contract or financial website.

TAX SERVICES


Handling of Inland Revenue Tax
Investigations & Field Audits

Field Audit and Tax Investigation is a time consuming process which can exert tremendous pressure on the company in handling both the IRB officers and managing its business operation at the same time.

Tax Incentives

There are different types of tax incentives offered in Malaysia in the form of tax exemptions, allowances related to capital expenditure and enhanced tax deductions. Although the income is exempted from tax, tax will have to be paid on the dividends paid on tax exempted income.

Tax Function Effectiveness Services

In today’s global environment, tax departments face ever-increasing strategic and operational challenges as well as the need to “do more with less.” We can help your tax function meet today’s complex regulatory, technology and globalization challenges by maximizing the effectiveness of your tax function.

Tax Accounting Services

We provide tax accounting services in supporting quarterly and annual tax provision calculations, validating tax balance sheet accounts and implementing new accounting standards under IFRS and/or local GAAP.

State And Local Tax Services

We provide tax services related to the state and local government which including the tax rate and also the incentives for the company.

STRATA FINANCIAL SERVICES


Strata Property Audits

Strata property audits are a vital process that ensures financial transparency, accuracy, and ....

Financial Reporting for Strata Properties

Financial Reporting for Strata Properties Services involves the professional preparation and ....

Financial Advisory for Strata Councils

Financial advisory for strata councils involves providing expert guidance and support on financial ....

Our Blog

Explore insightful articles, expert tips, and valuable resources to help you manage and maintain your strata property with confidence and financial clarity.

May 27 · 5 min read

How EPF Contributions & Minimum Wage Hikes Will Reshape Strata Property Management in Malaysia

The Malaysian government has recently reaffirmed its commitment to implementing mandatory Employees Provident Fund (EPF) contributions for foreign wor...

May 27 · 7 min read

5 Essential Tax Tips for JMBs and MCs in sia

Managing the finances of a Joint Management Body (JMB) or a Management Corporation (MC) can be a challenging task. Among the many responsibilities is...

May 29 · 5 min read

Change in Financial Reporting Period for Strata Property Malaysia: Pros and Cons

In Malaysia, strata properties are governed by the Strata Management Act 2013 (Act 757), which includes specific guidelines on financial reporting. An...

We have more than 20+ years practical experience.

The merger was necessary so as to enhance the efficiency, effectiveness and quality of our services rendered to our clients. In addition, we are able to pull together a wider scope of experience and resources to better serve our clients. Partners and staff are able to draw upon a pool of resources and expertise to meet our clients' needs in the complex and demanding business environment.

Celebrating the firm’s 20th year of operation, the Firm is now having 6 offices operating in Subang Jaya, Ipoh, Tawau, Iskandar Puteri, Johor Bahru. The Firm is managed by 4 Partners and supported by more than 100 professional staffs. All Partners are Chartered Accountants. We have affiliated offices throughout Malaysia.

Presently, the Firm has more than 3,000 corporate clients from various industries and more than 1,500 personal clients.

ABOUT US

To be a Leading Financial Services Provider in this Region.
• Enhance our Clients' business operations.
• Develop and Train our people to deliver excellent professional services.
• Contribute to the development of our Nation.
• Professional support to our clients.
• Professionalism, Competency and Commitment.
• Well trained Human Resources.
• Provide value for money services.

We take pride in being the recognised platinum approved employer of:

ACCA APPROVED EMPLOYER LOGO

See Our Awesome Funfacts

We will be the leading financial service provider in this region.

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Happy clients

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Years of Experience

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Partners

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Staffs

Meet Our Team

Our team is being lead by 4 experienced audit partner.

LIM CHEE HOONG
CA(M), CPA(M), ATII, CFP
Chartered Accountant & Certified Public Accountant

Mr Lim started his career with Deloitte KassimChan and Coopers & Lybrand for more than 10 years and manages a portfolio of clients which are involved in financial institutions, stock broking, manufacturing, trading, property development and constructions.

Then, he joined commercial company as Group Company Secretary and Group Financial Controller for more than 7 years which are involved in manufacturing, property development and constructions and hospitality corporations.
He is also an Independent Non-Executive Director for 2 companies listed in Bursa Malaysia.

He started up the firm as Lim Chee Hoong & Co on 1997.

Professional affiliations/Education

Member of Malaysian Institute of Certified Public Accountants (MICPA)

Member of Malaysian Institute of Accountants (MIA)

Member of Chartered Tax Institute of Malaysia (CTIM)






LAM FOONG KEI
(FRANKIE)
CA(M), ATII, CPA(Aust), B.Comm (Acc)
Chartered Accountant & Certified Public Accountant (Australia)

Mr Lam started his career in Deloitte KassimChan. Before he joined the partnership, he has 9 years experience in managing a portfolio of listed and non-listed clients which are involved in manufacturing, retails, services, construction, property development, investment holdings, tourism, transportation.

He also involved in corporate listing exercises in preparation of Accountant Report for listing purposes as well as diligent audit assignments, profit forecast and preparation of grants and incentives applications.

He is also a tutor in university involving subjects in taxation, financial accounting, auditing and regulatory framework.

He joined the Firm as partner in 2008.

Professional affiliations/Education

Member of Malaysian Institute of Accountants (MIA)

Member of Chartered Tax Institute of Malaysia (CTIM)

Member of Australian Institute of Certified Public Accountants

Bachelor Degree in Commerce and Accounting


ONG SHEIK YOONG
MIA, ACCA, ASEAN CPA, B.COMM (ACC)
Chartered Accountant

Mr Ong was an Audit Manager in a mid-tier firm and has more than 16 years of experience in Audit and Assurance. He is experienced in Statutory and Special Audit across a broad spectrum of industries such as Telecommunication, Retail, Manufacturing, Malaysian Closed-end Fund, Services, Trading, Construction and etc. He also successfully assisted Companies to list on the Bursa Malaysia Securities Berhad acting as the Reporting Accountants in Initial Public Offer (IPO) engagements and in charge of Financial Due Diligence exercise on acquisition of targeted companies.

He joined the Firm as Head of Audit in 2018. Professional affiliations/Education

Member of Malaysian Institute of Accountants (MIA)

Member of Association of Chartered Certified Accountants (ACCA)

Member of ASEAN Chartered Professional Accountant (ASEAN CPA)

Bachelor of Commerce (Hons) Accounting

WU THIEN LOONG
CA(M), FCCA
CHARTERED ACCOUNTANT

Mr. Wu started his audit career in a sole proprietor setup and faithfully stayed for over 16 years with the last 12 years as an audit manager after being admitted to the Malaysian Institute of Accountants. He later moved on to a medium sized audit firm and steadfastly served for another 9 years.
His forte is in statutory audit of small and medium sized entities covering a wide range of industries from trading, services, construction to manufacturing companies. He has exposure dealing with different cultures of clients coming from lands like USA, UK, Australia, Europe and South East Asia.
He joined the firm during April 2017 and was admitted as a partner during May 2018.
Professional affiliations/Education

Member of Malaysian Institute of Accountants (MIA)

Fellow Member of Association of Certified Chartered Accountants (ACCA)