Solvency Confirmation Letter for Malaysia

Solvency Confirmation Letter Template for Malaysia

A Solvency Confirmation Letter under Malaysian law is a formal document issued by a company's directors or authorized representatives that confirms the company's ability to meet its financial obligations as they become due. This document, governed by the Malaysian Companies Act 2016 and related financial regulations, provides explicit declarations about the company's financial stability, current asset position, and ability to pay debts. It typically includes specific financial metrics, director certifications, and may be accompanied by supporting financial documentation. The letter serves as a crucial tool for maintaining business relationships, securing financing, or meeting regulatory requirements within the Malaysian business environment.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Solvency Confirmation Letter

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Solvency Confirmation Letter?

A Solvency Confirmation Letter is commonly required in various business scenarios within the Malaysian corporate landscape, particularly when a company needs to demonstrate its financial stability to stakeholders. This document becomes necessary during loan applications, major business transactions, tender submissions, or when required by regulatory authorities. The letter must comply with Malaysian Companies Act 2016 requirements and typically includes specific declarations about the company's ability to pay debts, current financial position, and future financial outlook. It serves as a formal attestation of the company's financial health, supported by relevant financial data and director certifications. The document is particularly crucial in Malaysia's business environment, where financial transparency and corporate governance are heavily emphasized in business transactions.

What sections should be included in a Solvency Confirmation Letter?

1. Letterhead and Date: Company letterhead with full registered address and current date

2. Recipient Details: Full name and address of the recipient (usually a bank, creditor, or business partner)

3. Subject Line: Clear indication that this is a Solvency Confirmation Letter

4. Opening Statement: Introduction identifying the company and the purpose of the letter

5. Solvency Declaration: Explicit confirmation that the company is solvent, including specific statements about ability to pay debts as they become due

6. Financial Position Statement: Brief overview of current financial position and key financial metrics

7. Director's Certification: Formal certification by director(s) confirming the accuracy of the statements

8. Closing and Signatures: Formal closing, signatures of authorized signatories with names and positions

What sections are optional to include in a Solvency Confirmation Letter?

1. Recent Material Changes: Statement about any recent material changes in financial position (include if there have been significant recent financial events)

2. Future Projections: Statement about expected future financial position (include if specifically requested by recipient)

3. Third-Party Confirmation: Additional confirmation from auditors or accountants (include if required by recipient)

4. Specific Compliance Statements: Statements confirming compliance with specific financial covenants (include if related to loan agreements)

What schedules should be included in a Solvency Confirmation Letter?

1. Financial Statements: Recent balance sheet and profit/loss statements

2. Asset Schedule: Detailed list of company assets and their current values

3. Liability Schedule: Comprehensive list of current liabilities and payment schedules

4. Auditor's Report: Recent auditor's report confirming financial position (if available)

5. Bank Statements: Recent bank statements showing current cash position

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Malaysia

Publisher

Genie AI

Document Type

Confirmation Letter

Sector

Sales

Cost

Free to use
Relevant Industries

Banking and Financial Services

Corporate Services

Manufacturing

Real Estate

Construction

Retail

Technology

Healthcare

Energy

Transportation and Logistics

Professional Services

Telecommunications

Relevant Teams

Finance

Legal

Compliance

Corporate Secretariat

Treasury

Risk Management

Internal Audit

Corporate Governance

Executive Management

Board of Directors

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Finance Director

Company Director

Company Secretary

Financial Controller

Treasury Manager

Compliance Officer

Corporate Governance Officer

Risk Management Officer

Audit Director

Legal Counsel

Managing Director

Board Chairman

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Employment Verification Letter For Bank Account

A Malaysian-compliant formal letter confirming employment status and income details for banking purposes.

find out more

Termination Confirmation Letter

A formal letter confirming employment termination in Malaysia, compliant with local employment laws and specifying termination terms and conditions.

find out more

Petty Cash Confirmation Letter For Audit

A formal Malaysian business document confirming petty cash fund details and balances to external auditors, in compliance with local audit requirements.

find out more

Employment Confirmation Letter For Immigration

A formal Malaysian employment confirmation letter meeting immigration requirements for foreign workers, including verified employment details and terms.

find out more

Verification Letter For Tenant

A formal Malaysian legal document that verifies a tenant's occupancy status, lease terms, and rental compliance for official purposes.

find out more

Marriage Confirmation Letter

An official document issued under Malaysian law verifying the existence and validity of a registered marriage, suitable for various legal and administrative purposes.

find out more

Payment Confirmation Letter To Supplier

A formal Malaysian business document confirming payment details to a supplier, serving as official payment transaction record under Malaysian law.

find out more

Marriage Confirmation Letter For Immigration

An official Malaysian document confirming marriage status for immigration purposes, compliant with Malaysian marriage and immigration laws.

find out more

Employee Confirmation Letter For Bank Loan

A Malaysian-compliant formal letter confirming employment details and salary information to support an employee's bank loan application.

find out more

Order Confirmation Letter To Supplier

A legally binding document under Malaysian law that confirms order details and terms between a buyer and supplier.

find out more

Letter Confirming Receipt Of Documents

A formal Malaysian legal document acknowledging receipt of specified documents, serving as official record under Malaysian law.

find out more

Employee Confirmation Letter For Bank Account Opening

A formal Malaysian employer-issued letter confirming employment details for bank account opening purposes, complying with local banking regulations.

find out more

Confirmation Letter To Open Bank Account

A formal letter requesting to open a bank account in Malaysia, containing essential declarations and compliance statements as required by Malaysian banking regulations.

find out more

Holiday Confirmation Letter

A formal Malaysian employment document confirming approved employee leave periods, dates, and related arrangements under Malaysian employment law.

find out more

Confirmation Of Volunteer Service Letter

A formal Malaysian legal document confirming an individual's volunteer service period, responsibilities, and achievements with an organization.

find out more

Sign Confirmation Letter

A formal Malaysian legal document confirming the authenticity of a signature on a specified document, compliant with Malaysian contract law and signature verification requirements.

find out more

Power Of Attorney Confirmation Letter

A formal document under Malaysian law that confirms the validity and current status of a Power of Attorney arrangement for third parties.

find out more

Order Confirmation Letter To Customer

A formal business document used in Malaysia that confirms order details, terms, and conditions between a supplier and customer, complying with Malaysian commercial law requirements.

find out more

Offer Letter And Confirmation Letter

Malaysian-compliant offer letter and confirmation letter package establishing employment terms and confirming permanent employment status.

find out more

Letter Of Enrolment

A Malaysian-compliant formal document confirming student enrollment and academic program acceptance, governed by local education laws.

find out more

Intercompany Balance Confirmation Letter

A Malaysian-law governed letter used to confirm and validate intercompany account balances between related entities within a corporate group structure.

find out more

Driving Licence Confirmation Letter

An official Malaysian document confirming the validity and details of an individual's driving license, issued by the Road Transport Department (JPJ).

find out more

Debtor Confirmation Letter

A Malaysian law-governed document confirming a debtor's acknowledgment of debt and commitment to repayment terms.

find out more

Customer Balance Confirmation Letter

A formal letter used in Malaysian business practice to verify and confirm outstanding customer account balances, essential for audit and reconciliation purposes.

find out more

Confirmation Of Maternity Leave Letter

A formal letter confirming employee maternity leave arrangements under Malaysian law, including leave duration, dates, and benefits.

find out more

Confirmation Of Directorship Letter

A Malaysian legal document confirming director appointment and outlining key terms and responsibilities under Malaysian corporate law.

find out more

Confirmation Letter Acknowledgement

A Malaysian law-governed formal acknowledgment document confirming receipt and understanding of prior communications or agreements.

find out more

Confirmation Of Rent Payment Letter

A Malaysian legal document that formally confirms rent payments made by a tenant to a landlord, serving as official proof of payment under Malaysian law.

find out more

Background Verification Letter

A Malaysian-compliant formal request document for conducting background verification of individuals, adhering to local data protection and privacy laws.

find out more

Audit Balance Confirmation Letter

A standardized letter used in Malaysian audit processes to obtain third-party confirmation of account balances and financial information.

find out more

Tender Confirmation Letter

A formal document under Malaysian law that confirms the acceptance of a tender submission and outlines key terms and conditions of the award.

find out more

Supplier Confirmation Letter

A formal business document under Malaysian law that confirms the key terms and conditions of a supply arrangement between a supplier and customer.

find out more

Solvency Confirmation Letter

A formal declaration under Malaysian law confirming a company's ability to meet its financial obligations and maintain financial stability.

find out more

Salary Received Confirmation Letter

A Malaysian legal document confirming an employee's salary and employment details, commonly used for official verification purposes.

find out more

Rental Income Verification Letter

A Malaysian legal document that formally verifies a property owner's rental income, typically used for financial and tax purposes.

find out more

Redundancy Confirmation Letter

A formal notification document under Malaysian law confirming an employee's redundancy and outlining termination terms and benefits.

find out more

Proof Rental Verification Letter

A formal Malaysian legal document that verifies a tenant's rental arrangement, used for official purposes such as visa applications, loans, or employment verification.

find out more

Pay Verification Letter

A formal Malaysian employer-issued document confirming an employee's employment status and compensation details, compliant with local employment laws.

find out more

Order Acknowledgement Letter

A Malaysian law-governed document confirming receipt and acceptance of a purchase order, outlining key order details and terms.

find out more

Medical Confirmation Letter

A formal medical document issued under Malaysian law that confirms a patient's medical condition, treatment, or health status, authenticated by a registered medical practitioner.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now