42 Questions Answered
Frequently Asked Questions
Everything you need to know about OCTIS, human-verified AI accounting for Malaysian SMEs: accounting and bookkeeping, audit, tax, company secretary and compliance.
1What is OCTIS?
OCTIS is human-verified AI accounting for Malaysian SMEs. We do your accounting and bookkeeping, audit and tax: AI prepares the work, and licensed accountants, auditors and tax agents check it. Company incorporation, a licensed company secretary, compliance, e-invoicing, payroll and legal services are available on the same account, so you deal with one team instead of a dozen separate providers.
2How does OCTIS use AI, and who checks the work?
AI prepares the repetitive work: data entry, document preparation, deadline reminders and routine filings. Licensed accountants, auditors, tax agents and company secretaries then review it and sign it off, so the judgement calls are made by qualified people. You deal with one team and one login, and your data flows between accounting and bookkeeping, tax and compliance without being entered twice.
3Is OCTIS just for company registration?
No. Most of OCTIS is what happens after registration: doing your accounting and bookkeeping, filing your taxes, arranging your audit, keeping you compliant, sending invoices and paying your team. Registering a new company is one service among others, and you can bring an already-registered company onto OCTIS without incorporating again.
4Who is OCTIS for?
OCTIS is built for Malaysian SMEs and founders, from an owner-run business that wants its accounting and bookkeeping, audit and tax done properly, to a growing team that also needs its company secretary and operations in one place. It suits owners who would rather not juggle multiple vendors, spreadsheets and deadlines.
5How can OCTIS cost less than hiring everything separately?
AI and automation handle the repetitive work — paperwork, SSM and statutory filings, deadline reminders, data entry and document prep — so OCTIS runs lean and passes the savings on: lower price, same outcomes. Licensed humans (company secretaries, tax agents and auditors) still do the judgement work; the AI backs them, it doesn't replace them. That lower cost-to-serve is why one OCTIS plan typically costs less than the separate providers it replaces.
6What are the AI Co-Founder and CompanyDNA™?
The AI Co-Founder is your 24/7 AI business advisor inside OCTIS — it answers questions, surfaces deadlines and helps you act across every module. CompanyDNA™ is a live, always-up-to-date model of your business (your structure, compliance status, finances and readiness) that the AI and your licensed team use to give advice that actually fits your company. Together they turn a pile of admin into clear, guided next steps.
7How much does OCTIS cost?
OCTIS prices from what you would pay anyone else. Send us your current bill, or a written quote from another provider such as 3E Accounting, Sleek, Osome or your accountant, on WhatsApp and we price the same work 10–30% below it, in a promotion that runs until 31 Dec 2026. This applies to company secretary (including transferring your Sdn Bhd's secretary), accounting and bookkeeping, audit and tax in Malaysia and Hong Kong.
8What plans does OCTIS offer?
OCTIS does not publish plans or a price list for company secretary (including transferring your Sdn Bhd's secretary), accounting and bookkeeping, audit and tax. Send us your current bill on WhatsApp and we price based on it, 10–30% less, in a promotion that runs until 31 Dec 2026 (see the pricing page). Incorporating a new Sdn Bhd is RM0 in OCTIS fees when OCTIS is your company secretary: you pay only SSM's RM1,010 government fee.
9What's included with the OCTIS company-secretary service?
Your licensed named company secretary, registered office address, statutory records, compliance reminders and the OCTIS dashboard. The price is set from your current bill: send it to us on WhatsApp and we quote you 10–30% less, until 31 Dec 2026 (see the pricing page).
10Who is the cheapest company registration in Malaysia?
OCTIS — and it is guaranteed. OCTIS charges RM0 to incorporate a Sdn Bhd: the only cost is SSM's own RM1,010 government fee, which is the same whichever provider files your company. The RM0 fee comes with any OCTIS company-secretary plan — every Sdn Bhd must appoint a licensed company secretary anyway — which OCTIS prices from your current bill (10–30% less, until 31 Dec 2026). If you find the same licensed incorporation or company-secretary service in Malaysia for less, our Lowest Price Guarantee matches the price, and a 30-day money-back guarantee applies. When comparing, check whether a quoted price includes the RM1,010 SSM fee and the company secretary: a headline price that leaves them out is not the total. Included at no separate charge: customer records and pipeline, team chat, WhatsApp AI, invoicing, bookings, digital name card, task management, forms, e-signature and business email.
11How much does it cost to register a Sdn Bhd in Malaysia?
Registering a Sdn Bhd with OCTIS is RM0 in OCTIS fees when you take any OCTIS plan — you pay only SSM's government fee of RM1,010. Without a plan, OCTIS charges a one-time RM200 on top of that same government fee. It covers the SSM name search, Sdn Bhd registration and incorporation documents, fully digital. There are no padded mark-ups or hidden commissions.
12Do you have a lowest price guarantee?
Yes. New company incorporation and every OCTIS plan are covered by our Lowest Price Guarantee — if you find the same licensed service in Malaysia for less, we'll match it. We benchmarked licensed providers across the market so you never overpay.
13Is there a money-back guarantee?
You get a 30-day money-back guarantee. See the full terms on our Money-Back Guarantee page.
14What payment methods does OCTIS accept?
OCTIS accepts Malaysian online banking via FPX and major credit/debit cards (Visa, Mastercard). Payments are processed securely through a regulated payment gateway, and you receive an invoice for every charge. Plans are billed annually with transparent, flat MYR pricing — no hidden fees.
15Can I add services later?
Yes. Start with one service, such as your company secretary, and add accounting and bookkeeping, audit or tax when you need them. Everything lives in one system, so a new service builds on the data you already have; there is nothing to migrate. Each is quoted from your current bill, 10–30% less, until 31 Dec 2026.
16What is a Sdn Bhd in Malaysia?
Sdn Bhd (Sendirian Berhad) is a private limited company — the most common business structure for Malaysian SMEs. It needs a minimum of one director, one shareholder and one licensed company secretary. Shareholders' liability is limited to their share capital, which protects personal assets. OCTIS sets up your Sdn Bhd and then runs its secretary, compliance and operations for you.
17How long does it take to register a company?
A new Sdn Bhd is typically registered within a few business days once your name is approved and documents are submitted. OCTIS keeps it moving with instant AI document checks and a licensed secretary handling the SSM filing, and you track every stage live from your dashboard.
18What do I need to register a company?
You'll need: IC or passport copies of the directors and shareholders, a proposed company name (a few options help), a short description of your business activity, the share structure, and a registered office address (OCTIS can provide one). Foreign directors provide a passport copy and proof of residential address. OCTIS prompts you for exactly what's required and validates each document as you upload it.
19Can foreigners own 100% of a Malaysian company?
Yes — for most business activities foreigners can own 100% of a Sdn Bhd with no local partner required. Some regulated sectors carry licensing conditions or ownership limits. OCTIS flags any sector-specific requirements during setup so you start on the right footing.
20What is the minimum paid-up capital for a Sdn Bhd?
There is no statutory minimum — a Sdn Bhd can be incorporated with as little as RM1 of paid-up capital. Many founders choose a higher figure for credibility or because a bank requires it for account opening. OCTIS can advise on a sensible amount for your situation and assists with bank account opening.
21Can I move my existing company or sole proprietorship to OCTIS?
Yes. If you already have a Sdn Bhd, you can transfer it to OCTIS — we handle the company-secretary handover digitally, with no need to re-incorporate. If you run a sole proprietorship, OCTIS can incorporate a Sdn Bhd and move your business across onto the same plan. Pick the path that matches you on the pricing page.
22What is a company secretary and do I need one?
A company secretary is a licensed professional that every Malaysian company must appoint within 30 days of incorporation (Companies Act 2016). They keep you compliant with SSM — maintaining statutory records, filing annual returns, organising AGMs and advising on corporate governance. Operating without one exposes the company and its directors to penalties. Every OCTIS plan includes a licensed named company secretary.
23Is the company secretary a real licensed person or just software?
A real, licensed Malaysian company secretary is named to your company and responsible for your statutory work — OCTIS is not "a bot instead of a person". What the software does is remove the manual grind: reminders, document prep, filing and record-keeping are automated so your secretary (and tax agents and auditors) can focus on the judgement work. AI backs the licensed team; it doesn't replace them.
24What are the annual return and AGM deadlines?
An annual return must be lodged with SSM each year (within 30 days of the company's incorporation anniversary), and companies that require an AGM must hold it and circulate financial statements within the statutory window. OCTIS tracks every deadline on your compliance calendar, prepares the filings and reminds you well ahead of time so nothing lapses.
25Does my company need an audit?
Many small private companies qualify for audit exemption under SSM's criteria (based on revenue, total assets and number of employees); others must have their accounts audited each year. OCTIS can advise on whether your company qualifies for exemption. Note: OCTIS does not perform or replace the statutory audit itself.
26Can I switch my company secretary to OCTIS?
Yes, and it's straightforward. OCTIS manages the full handover from your current secretary digitally — the resignation and new appointment, the SSM filing and the transfer of your statutory records — so there's no gap in compliance. Once you're on, your records and deadlines are all in one dashboard.
27Does OCTIS handle accounting and bookkeeping?
Yes. Accounting and bookkeeping is one of OCTIS's services: AI prepares the work and licensed accountants check it. We do not publish a price. Send us your current bill on WhatsApp and we quote you 10–30% less, until 31 Dec 2026. See the solutions page.
28Does OCTIS file my company tax with LHDN?
Yes. OCTIS prepares your company tax return (Form C) and files it with LHDN through licensed tax agents. We do not publish a price. Send us your current bill on WhatsApp and we quote you 10–30% less, until 31 Dec 2026. See the solutions page.
29Does OCTIS support LHDN e-Invoice (MyInvois)?
Yes. OCTIS supports Malaysia's LHDN e-Invoice requirements and connects to MyInvois, so your invoices are issued and validated in the correct format as the mandate rolls out across business sizes. It's part of the same invoicing and accounting flow, so you stay compliant without extra tools.
30Can OCTIS handle SST (Sales & Service Tax)?
Yes — OCTIS provides SST services including registration, periodic submissions and de-registration, handled by specialists and tied into your accounting. If you're unsure whether you need to register, OCTIS can advise based on your turnover and activity.
31Do I still need a separate accountant or tax agent?
Not necessarily. OCTIS offers company secretary, accounting and bookkeeping, audit and tax, plus SST, on one account, so you can often drop the separate providers. Each is quoted from your current bill, 10–30% less, until 31 Dec 2026. Browse the solutions page.
32Does OCTIS include a CRM for managing customers?
Yes. A built-in CRM is part of your OCTIS account: track leads, customers, deals and conversations, including WhatsApp and team chat, all alongside your invoicing and contracts. Because customers, invoices and documents share one system, you see the whole relationship in one place.
33Can OCTIS run HR and payroll?
Yes — OCTIS covers HR and payroll, including employee records and monthly payroll runs, connected to the rest of your operations so paying your team stays in sync with your books.
34Does OCTIS cover legal, contracts and e-signature?
Yes. OCTIS provides legal services for SMEs — contracts and agreements, business licences and on-call legal support — with built-in e-signature and a secure document vault so everything is drafted, signed and stored in one place. Explore the full range on our legal solutions page.
35Does OCTIS help with business banking and payments?
Yes. OCTIS assists with opening a business bank account and connects banking and payments into your accounting and invoicing, so money in and money out reconcile against your books. International banking support is available for companies operating across borders.
36What business services does OCTIS actually cover?
OCTIS spans the whole back office across connected pillars: compliance & company secretary, legal, accounting/tax/banking & finance, HR & payroll, IT & digital, and sales & marketing — plus strategy and capital/financing support. Browse every service on the solutions page; you switch on what you need, when you need it.
37Can OCTIS connect to other tools and AI assistants?
Yes. Beyond its own connected modules, OCTIS exposes a Model Context Protocol (MCP) server, so AI platforms and assistants can securely connect to and act on your OCTIS data with your permission. That means OCTIS can plug into the wider tools you already use rather than being a walled garden.
38How do I get started and how does the platform work?
You create an account, tell OCTIS a little about your company, and pick a plan — incorporate a new Sdn Bhd or bring an existing business across. From there everything runs from one dashboard: tasks, deadlines, documents, finances and your AI Co-Founder, with your licensed team handling the regulated work behind the scenes. Start from the pricing page.
39What languages does OCTIS support?
OCTIS is available in six languages — English, Bahasa Melayu, Simplified Chinese (简体中文), Traditional Chinese (繁體中文), Japanese (日本語) and Korean (한국어) — so founders and teams can work in the language they're most comfortable with.
40Is my company data secure?
Yes. OCTIS encrypts your data in transit and at rest, restricts access to authorised personnel, and is operated in line with Malaysia's Personal Data Protection Act (PDPA). Your documents and records stay in your secure dashboard, and we don't share your data with third parties without your consent.
41Can I access and export my documents anytime?
Yes — you have ongoing access to your company documents, statutory records, filings, invoices and correspondence from the dashboard, and you can download or export them whenever you need. Everything is stored securely in one place, so you're never locked out of your own records.
42What support is available if I need help?
Help is available through in-platform messaging, email (cs@octis.one) and WhatsApp, alongside your AI Co-Founder for instant answers any time. For anything regulated, your named licensed secretary and the relevant specialists are there to take it from you. You can also talk to our team directly.

