Description
- The KWSP Employer Account Application Service assists employers in registering their businesses with the Employees Provident Fund (KWSP) to fulfill their obligation to contribute towards employees' retirement savings. This service ensures that employers comply with Malaysian labor laws and provides employees with access to secure retirement benefits.
GOV Department
- Kumpulan Wang Simpanan Pekerja (KWSP) / Employees Provident Fund
License Type
- Permohonan Akaun Majikan KWSP
Details
- Employers are required to register with KWSP within 7 days of hiring the first employee.
- The account enables employers to contribute monthly to employees’ EPF savings as mandated by law.
- Registration requires documents such as business registration certificates (SSM), company details, and employee information.
- Employers must deduct and remit the correct amount of contributions each month for both employer and employee portions.
Important Rules
- All employers in Malaysia must register with KWSP if they hire employees.
- Monthly contributions must be submitted by the 15th of the following month to avoid penalties.
- Employers must maintain accurate records of employee contributions and salary details.
- Any changes in business details or employee status must be updated with KWSP.
- Employers must comply with the EPF Act 1991 and KWSP contribution schedules
Compound & Punishment
- Failure to register an employer account or contribute as required may result in:
- Fines up to RM10,000 or imprisonment under the EPF Act 1991.
- Interest charges or late payment penalties on overdue contributions.
- Misrepresentation or falsification of records can lead to legal action and revocation of business licenses.
Advisor
Licensing Advisor Ms Mira
Ms. Mira, your dedicated licensing advisor, offers expert guidance on business licenses, permits, and regulatory compliance. Simplify your licensing process today!
Commonly Asked Questions
Any employer in Malaysia who hires at least one employee—whether full-time, part-time, or contract—is required to register with KWSP under the EPF Act 1991.
Employers must register within 7 days from the date the first employee is hired.
Common required documents include:
- SSM Business Registration Certificate
- Company profile and ownership details
- Employee information
- Authorized signatory details
Employers must deduct and submit mandatory EPF contributions monthly, maintain accurate employee records, and update KWSP with any changes in employee status or business details.
Contributions must be paid on or before the 15th of the following month to avoid penalties or interest charges.
The contribution rate depends on the employee’s wages and category and includes both employer and employee portions, based on the KWSP contribution schedule.
Failure to register or make contributions is an offence and may result in:
- Fines up to RM10,000
- Interest charges on unpaid contributions
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Legal action, including imprisonment under the EPF Act 1991
Yes—foreign-owned companies operating in Malaysia and eligible foreign employees may register, subject to KWSP rules and employment category.
Yes, KWSP allows online submission and employer registration through the KWSP portal. However, supporting documents must be accurate to avoid delays or rejection.
Yes. We offer end-to-end support, including document preparation, application submission, compliance guidance, and post-approval contribution setup to ensure smooth registration and legal compliance.