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The Ministry of Finance (MOF) just upda…

Before we wrap up the year, let’s make sure we are compliant with the tax law in the country 🇲🇾 As a refresher, the Inland Revenue Board [IRB] or also know as LHDN, requires individuals earning a minimum of RM34,000…

This may come as a surprise to some, but company secretaries actually do more than just filing paperworks, answering office phones and scheduling appointments. In fact, a company secretary plays an integral role in a company and should meet the…

Malaysia is one of the countries who implements territorial tax system – basically any income accrued in or derived within Malaysia is liable to tax. Here’s an overview of the type of tax liable by companies registered in Malaysia. Types…

A statutory declaration is like the magic piece of paper (a written oath) which is useful for company registration, as proof of debt and to confirm facts before the authorities. In fact, it’s actually a very common practice among the…

Are you a shareholder of a company? If yes, make sure to attend the annual general meeting (AGM) and extraordinary general meeting (EGM). These meetings provide links of communication between shareholders and management and enables members to exercise their votes.…

As an employer in Malaysia, there are a couple of employer tax obligations that you have to comply with. Here’s a comprehensive list to help you before any officers from the Inland Revenue Board make that unexpected appearance at your…

It is important to know that not all expenses in your accounting books can be allowed for tax deductions. Allowable expenses are costs that are essential to running your business but does not include money used to pay for personal…

✨💞 Good news for all expecting and soon-to-be mothers! Under the new Malaysian 2020 Budget, private sector employees will be eligible to 90 days of paid maternity leave (an increase from the current 60 days) – starting 1st January 2021.…

Themed “A Prosperous Malaysian Family”, the country’s Budget 2020 will focus on people still adversely impacted by the Covid-19 pandemic. What are the key changes that will impact you and me? Check out the highlights below. If you have any…