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TERMS OF
SERVICES

Effective Date: 25 May 2025

1. Introduction

Welcome to Ilhami Advisory Services Sdn Bhd (“we,” “us,” “our”). These Terms of Services (“Terms”) govern your use of our virtual Chief Financial Officer (CFO) services (“Services”) provided through our website (www.ilhami.my) or any other platform.

By engaging our Services, you (“Client,” “you,” “your”) agree to comply with these Terms. If you do not agree, please refrain from using our Services.

2. Scope of Services

Ilhami provides virtual CFO services, including but not limited to:

  • Financial strategy & planning
  • Cash flow management
  • Budgeting & forecasting
  • Financial reporting & analysis
  • Business advisory
  • Compliance & regulatory support
  • Fundraising and Valuation
  • Corporate and M&A advisory
  • Other related financial consulting services

 

The exact scope of work will be outlined in a separate Service Agreement or Statement of Work (SOW).

3. Client Responsibilities

To ensure effective service delivery, you agree to:

  • Provide accurate, complete, and timely financial information.
  • Grant necessary access to financial systems (e.g., accounting software, bank statements).
  • Respond promptly to queries and requests for information.
  • Ensure compliance with Malaysian tax (LHDN) and financial regulations.

4. Fees & Payment Terms

  • Fees will be as per the agreed Service Agreement (monthly retainer or project-based).
  • Invoices are payable within 14 days of issuance unless otherwise stated.
  • All fees are in MYR (Malaysian Ringgit) and exclude applicable taxes (e.g., SST).

5. Confidentiality & Data Protection

  • We adhere to strict confidentiality regarding your financial and business information.
  • Data will be processed in accordance with Malaysia’s Personal Data Protection Act (PDPA) 2010.
  • We implement reasonable security measures but cannot guarantee absolute security in digital transmissions.

6. Limitation of Liability

  • Our Services are advisory in nature. We do not provide audit, legal, or guaranteed financial outcomes.
  • Ilhami shall not be liable for any indirect, consequential, or punitive damages arising from the use of our Services.
  • You remain responsible for final financial decisions and compliance with laws.

7. Termination

  • Either party may terminate the engagement with 30 days’ written notice.
  • Upon termination, all unpaid fees become due immediately.
  • Confidentiality obligations survive termination.

8. Intellectual Property

  • Reports, templates, and materials provided remain our intellectual property unless otherwise agreed.
  • You may use deliverables solely for internal business purposes.

9. Governing Law & Dispute Resolution

  • These Terms are governed by Malaysian law.
  • Any disputes shall first be resolved amicably; unresolved disputes shall be settled in the courts of Malaysia.

10. Amendments

We may update these Terms periodically. Continued use of our Services constitutes acceptance of the revised Terms.

11. Contact Us

For questions regarding these Terms, please contact us by emailing to info@ilhami.my

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