Bookkeeping for sole proprietors

Bookkeeping for sole proprietors in Malaysia: monthly fees

Updated 4 November 2026

Monthly bookkeeping for a sole proprietor in Malaysia usually costs about RM 150 to RM 500 a month, depending on how many transactions and bank statement pages you have. A simple business with few documents sits at the bottom of that range, and a busier business can pay RM 500 to RM 1,000. The quickest way to get an exact figure is to describe your business in a request on BlaBlaPrice.

Registration and rules

You can register a sole proprietorship with SSM if you are a Malaysian citizen or permanent resident aged 18 or over. A trade name needs approval from the Registrar of Business, which is listed as RM 30. Each branch adds RM 5 a year. Sole proprietors who trade under their own name pay the smaller fee of RM 30 a year. Ask your bookkeeper which of these fees their monthly price includes.

Timing and the wet season

Malaysia has no winter, so bookkeeping is the same work all year and there is no seasonal rush to avoid. The practical point is to send bank statements every month rather than once a year, because a large pile of pages takes longer to sort and costs more under a per-page fee. November starts the wetter months, which do not change the work, so keep the monthly routine.

How bookkeeping is priced here

Monthly fees depend on transaction volume and the number of bank statement pages, not on the hour. A Sdn Bhd can cost RM 300 to RM 800 a month in one guide, more than a sole proprietor. Prices in Kuala Lumpur, George Town, Johor Bahru, Ipoh and Shah Alam can differ, so say your city and ask whether the monthly fee includes the tax return or only the books.

What to write in your request

Say whether you trade under your own name or a trade name, how many transactions and bank statement pages you have each month, whether you have employees, and what you need: monthly books, invoices or a year-end summary. Add your city and your monthly budget in RM. Clear numbers let sellers quote a fixed monthly fee.

On BlaBlaPrice you write the request in a chat, and bookkeepers registered here reply with their own offer, price and terms. Your contact details stay hidden until you decide to share them. You can also look at accounting services or start from the home page.