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Employment FAQs (Amendment of 1st Schedule) Order 2022

The Employment Act of 1955 will cover all employees beginning September 1, 2022.In light of the previous update, we've compiled a list of frequently asked questions concerning the...


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The RM60,000 Tax Break for New Malaysian Businesses

If you intend to establish a new business, please register before the end of the year. New founded companies between July 1, 2022, and December 31, 2022, are...


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Top 10 Accounting Softwares in Malaysia

If you are in search of best accounting softwares, read this blog post that talks about the top 10 accounting softwares in Malaysia. Malaysia is a region of culture...


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Tax Incentives Available to Venture Capital

Venture capital refers to financial capital that individuals offer, companies or Venture Capital Companies (VCCs) to the potentially higher-risk and high-potential Venture Companies (VCs) and start-ups. This capital...


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What are the Major Advantages of Incorporating Private Limited Company (Sdn.Bhd.)?

In this blog post, we will talk about the major advantages of incorporating a Private Limited Company Sdn Bhd.If you have plans to start a business in Malaysia,...


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Winding Up VS Strike Off: Which One is the Best Way to Close down a Company?

There are two common methods for closure of a company. Winding Up vs. Strike Off. Find out the difference between strike off and winding up.Due to the economic...


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How to Reduce Audit Fees?

If you wonder how to reduce audit fees, you have landed on the right page. In this article, we are going to discuss the ways to lower the...


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Malaysia 2022 Witholding Tax on Payments Made

With effect from 1 January 2022, companies are subjected to 2% withholding tax if they make payments to their respective authorized agents, dealers, or distributors (ADDs). These payments...


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Malaysia’s Budget 2022: The Key Tax Changes

The Malaysian parliament has recently passed ‘Finance Bill 2021’. This bill was gazetted as “Finance Act 2021” (Act 833) on Dec. 31, 2021. The Finance Bill 2021 is...


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Employer’s Contributions to EIS, EPF, and SOCSO in Malaysia

In addition to monthly salaries, Malaysian employers are also bound to contribute to the EPF, EIS, and SOCSO accounts of their employees. This contribution is paid into Employee...


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