Profile

IOI Boulevard, B-3A-15, Jalan Kenari 4, Bandar Puchong Jaya 47100 Puchong, Selangor Darul Ehsan
Tel : 603- 80766871, 603-80791871
Fax :603-80801218
Email : ccw@cwchai.com.my

In CWC Consulting group, you will find that our proficiency and commitment towards service is without compromise in professional ethics and integrity. - be it identifying issues and challenges or giving advice to maximise your business opportunities with minimal risks.

CWC Consulting group is a professionally managed consulting firm with a team of experience and dynamic personnel to assists its clients to meet their financial and business goals.

Mr Patrick Chai is the Founder of CWC Consulting Group in year 2006. He is a Chartered Accountants of the Malaysian Institute of Accountants [CA (M)], a Fellow member of the Association of Chartered Certified Accountants (FCCA) and an Associate member of The Chartered Tax Institute of Malaysia (ACTIM) . He has completed his Advance Diploma in Computer Studies with NCC. With 18 years of experience in the auditing, financial accounting and taxation industry, he is currently a licensed auditors and tax agent holding a position of Managing Partner in C.W.Chai & Partners.

CWC Consulting group was formed on March 2006. We have a team of dynamic professionals whom are experts in their respective fields and will be able to assist and advise you on matters pertaining to:-

•  Audit and assurance
•  Corporate and individual Tax compliance services
•  Corporate and individual Tax planning
•  Due diligent works with agreed upon procedures
•  Outsourcing of accounting function
•  Corporate law compliance and advisory
•  GST advisory, training and implementation
•  Business proposal and market development analysis
•  Corporate financing and loans restructuring
•  Accounting software consultant

Mr Patrick Chai has gained his professional experience ranges from auditing of client in various industries such as servicing, trading, manufacturing, constructions, non-profit organizations, restaurants, money lending service, pawn broking shop, hotel industries, property developers and etc. He also involve in advising tax implication of cross border transactions, tax audits and investigation, tax incentives applications, tax due diligence reviews as well as tax compliance matters. He has successfully resolve few shareholders disputes through mediation and negotiations for value of disputes ranging from hundreds of thousands to five millions Ringgit Malaysia,

In year 2014, Mr Patrick Chai has completed the GST training and examination conducted by The Royal Custom of Malaysia and he is a Licensed GST Tax agent. Immediately, he and his team has assisted his clients to complete the conversion of their existing system to be a GST compliance and readiness system using Simple –Step by Step approach.

He also act as software consultant to his client to assess the GST module functions and readiness of the client’s system, subsequently propose area that need manual monitoring or enhancement, He also provided public training and inhouse training on GST implementation, hands on on GST accounting using GST compliance software to various industries.

Our client base comprises of international companies, local companies, privately-owned businesses, entrepreneurs, family businesses, trusts, partnerships and personal individuals.

We customise our audit approach to suit the size and nature of our clients’ businesses, organisation and internal controls. Our knowledge and understanding of companies’ legislations and regulations, approved auditing and accounting standards has enabled us to assist our clients with complex reporting issues.

• Statutory audit – audit of financial statements for statutory filing and report to corporate head office for group consolidation purpose.
• Due diligence reporting – Assist clients in making an informed decision based on identified risks and criteria and agreed upon procedures, such as business valuation etc.
• Internal audit – Review of internal controls system and evaluate systems and internal control procedures as well as highlight potential risk and improvement areas to the management.
• Other audit – Audit of non-profit organization such as clubs and association, management corporation ( JMB or MC of Condominium or office buildings).

Under the Self Assessment System [“SAS”], the tax authorities are enhancing and encouraging voluntary compliance with the tax laws and regulations. Tax audit is a norm strategy used by the authority to ensure that a higher tax compliance rate is achieved under the SAS. We believe a proper tax planning can mitigate potential tax risks and avoid unnecessary tax penalty , hence we do provide a wide range of taxation services to suit the current tax systems.

• Tax compliance works for corporate and individuals – Preparation of tax returns and computations for onwards submission to the tax authorities and liaise with the tax authorities in connection with any tax refund, appeals and enquiries.
• Corporate and individual tax planning – To provide tax planning strategies to maximize the Company’s tax saving with a minimum tax risks exposure.
• Tax audit and investigation – Liaise with the tax authorities for all the documents and computations required by the authorities, review and make alternative proposal to the authorities pertaining to their findings to resolve all disputed issues.
• Pre-Tax audit review – Undertaking substantive review of the financial statements and its supporting documents to ensure proper tax treatments were adopted for the Company’s transactions. We will recommend corrective steps for errors identified during the review.