KWSP & Perkeso Employer Account Application Service
KWSP (Employees Provident Fund) and Perkeso (Social Security Organization) are vital employer accounts in Malaysia. KWSP supports retirement savings through contributions from both employers and employees. Perkeso provides mandatory social insurance covering accidents, illnesses, and injuries, with contributions by employers ensuring medical and welfare benefits for employees.
Quick Overview of
KWSP, SOCSO, and EIS Knowledge
Welcome to watch our video,whether you're an employer or an employee, understanding the relevant knowledge of KWSP, SOCSO, and EIS is crucial.
Employers: Learn key compliance points to take care of employee welfare.
Employees: Understand your rights to ensure access to essential benefits
Whether you are an employer or an employee, there is something of value for everyone.
Why Employer need to apply KWSP & Perkeso Employer Account?
1. Employees' Provident Fund (KWSP):
The Employees' Provident Fund (KWSP) is a retirement savings and social security scheme in Malaysia. Employers are required to open and maintain an Employer's EPF Account for the following reasons:
- Retirement Savings: The EPF is a mandatory savings scheme that helps Malaysian employees save for their retirement. Employers deduct a portion of their employees' monthly salaries and contribute an equal amount to the employees' EPF accounts. These funds are set aside to provide financial security in retirement.
- Savings for Other Purposes: Beyond retirement, EPF savings can be used for various purposes, including housing, education, medical expenses, and more. Employers' contributions help their employees build a financial safety net for these needs.
- Legal Requirement: Employers are legally obligated to contribute to their employees' EPF accounts under the Employees' Provident Fund Act 1991. Failure to do so can result in penalties and legal consequences.
- Employee Benefits: Employees benefit from the EPF by receiving both their own contributions and those made by their employers, which significantly boosts their retirement savings and financial security.
2.
Social Security Organization (SOCSO - PERKESO):
The Social Security Organization (SOCSO or PERKESO) is a government agency responsible for providing social security protection to employees and their dependents. Employers need to register and maintain an Employer's PERKESO account for several reasons:
- Workplace Injury and Disability Coverage: SOCSO provides coverage for employees who suffer workplace injuries, disabilities, or occupational diseases. Employers' contributions help fund this coverage, ensuring that employees receive compensation and medical benefits when needed.
- Medical Benefits: SOCSO also provides medical benefits to employees who require medical treatment due to work-related injuries and illnesses. Employers' contributions assist in funding these benefits.
- Death Benefits: In the unfortunate event of an employee's death due to work-related causes, SOCSO provides death benefits to the employee's dependents. Employers' contributions contribute to these benefits.
- Legal Requirement: Employers are legally required to register with SOCSO and make regular contributions on behalf of their employees under the Employees' Social Security Act 1969. Non-compliance can result in penalties and legal repercussions.
- Employee Welfare: Registering with SOCSO and making contributions is a way for employers to demonstrate their commitment to the welfare and well-being of their employees. It ensures that employees have access to support and benefits in case of work-related injuries or illnesses.
Our Conzlab representative will consult and understand your business's category and type of license that your business needs. Then we will send you a quotation based on the license that your business requires. After receiving the quotation and confirming your order with us, we will proceed with the application process.
Step 1 : Free Consultation through Online. [ Phone call / Online meeting ]
Step 2 : Solution & Quotation will be given.
Step 3 : Deposit and Start Processing.
Step 4 : Result Reporting and Deliver the License to Outlet.
* Deposit will be returned if Conzlab can't proceed with your application *
Conzlab are providing such business support like:
1. Licensing Support
- Application Assistance:
Conzlab often involves helping individuals or businesses complete and submit the necessary paperwork and applications to obtain the required business licenses and permits. - Compliance Guidance:
Businesses need to adhere to specific regulations and requirements associated with their industry and location. Conzlab can provide guidance on how to maintain compliance with these regulations to avoid fines or penalties. - Renewal Services:
Many business licenses and permits need to be renewed periodically. Conzlab can assist in tracking renewal deadlines, ensuring all necessary documentation is submitted on time, and helping with the renewal process. - Regulatory Updates:
Laws and regulations regarding business licenses can change over time. Conzlab's services can keep businesses informed about any changes in licensing requirements that may affect them. - Resolution of Licensing Issues:
If there are any problems or disputes related to business licensing, Conzlab's services may help businesses navigate these issues and work toward a resolution.
2. Legal support
- Regulatory Compliance:
Conzlab can advise businesses on how to maintain compliance with local, state, and federal regulations related to licensing and permitting. We can provide guidance on ongoing compliance requirements and assist with reporting and documentation. - Dispute Resolution:
If a business faces challenges or disputes related to its licenses or permits, Conzlab can help resolve these issues. This may involve negotiations with regulatory authorities, mediation, or representation in administrative hearings. - Legal Documentation:
Conzlab can draft and review legal documents related to licensing, such as license agreements, contracts, and permits, to ensure they protect the interests of the business and comply with applicable laws. - Legal Advice:
In complex cases or when legal issues arise related to business licenses, businesses may seek legal counsel from attorneys who specialize in licensing and regulatory matters. - License Transfers and Acquisitions:
Conzlab is essential when businesses undergo changes such as mergers, acquisitions, or changes in ownership, which may affect their existing licenses and permits. Attorneys can facilitate the transfer or modification of licenses as necessary.
3. Business tech support:
- Vendor Management:
Interacting with technology vendors and service providers on behalf of the business, including negotiating contracts, managing service-level agreements, and resolving vendor-related issues. - Network Support:
Assistance in managing and maintaining the organization's network infrastructure, including routers, switches, firewalls, and wireless access points. - Data Backup and Recovery:
Setting up and monitoring data backup solutions to ensure data is regularly and securely backed up. In case of data loss or disasters, tech support helps with data recovery efforts to minimize downtime. - Email and Communication Support
Management of email systems, VoIP phone systems, and other communication tools. This includes configuring email accounts, resolving email issues, and ensuring reliable communication within the organization. - IT Strategy and Planning:
Collaborating with business leadership to develop IT strategies, budgets, and roadmaps that align with the organization's goals and growth plans.
Conzlab can help in several ways when you are facing problems related to license fines and penalties of your business:
1. Assessment of the Situation:
Understand the specific issue you're facing and Conzlab will review your business licenses, permits, and any associated fines or penalties. Then Conzlab will assess whether there are any compliance issues and the reasons for it.
2. Compliance Evaluation:
Conzlab will evaluate your current license status and determine whether your business meets all the necessary legal requirements. We will identify any gaps in compliance and provide guidance on how to rectify them.
3. Fine and Penalty Negotiation:
If your business is already facing fines or penalties, Conzlab can help negotiate with the relevant regulatory authorities to potentially reduce or mitigate the penalties.
4. License Renewal and Application:
Conzlab will assist you in renewing existing licenses and permits on time to avoid future fines. We also help you apply for new licenses or permits if your business operations change or expand.
5. Appeals and Dispute Resolution:
If you believe that a fine or penalty has been unjustly imposed, Conzlab can assist in preparing and presenting your case during appeals or dispute resolution processes.
6. Strategic Planning:
Conzlab will help you develop a strategic plan for maintaining ongoing compliance with licensing requirements, reducing the risk of future fines and penalties.
Overall, Conzlab will be a valuable resource for businesses facing license fines and penalties. We can help you navigate complex regulatory issues, minimize financial losses, and ensure that your business remains in good standing with the relevant authorities.
Conzlab's service costing got few type based on your requirement:
Monthly subscription service charge (Business support service).
A monthly subscription service charge is a convenient and flexible way for customers to access and enjoy a particular service or product. Instead of making a one-time payment, customers choose to pay a fixed amount every month. In return, they receive uninterrupted access to the service throughout the month.
Task based (Quotation before task).
A task-based service charge is a fee that is assessed or billed based on the specific tasks(one time service)or services performed, rather than being a flat or recurring monthly charge. It is a payment structure where customers are billed for the individual services or tasks that are completed on their behalf.
Free private WhatsApp group consult.
Conzlab are providing a free private whatsapp group with our consult team. This group is specifically designed for consultation purposes. Client can join the group to ask questions, seek advice, or share their expertise on a particular subject matter. The group's focus can vary widely, depending on its purpose or the interests of its clients.