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,...
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...
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...
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...
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...
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...
Recently, Malaysian government has introduced a wide range of tax measures. The information regarding such measures was released on October 29, 2021. Being part of a new budget,...
The Finance Bill 2021 contains a wide range of tax-related measures. These measures were also announced in the budget. Released on 9 November 2021, the finance bill 2021...
The expense incurred by an employer for the COVID-19 detection test for employees in 2021 is considered tax-deductible by the Malaysian Government.The Income Tax Rules 2021 [P.U.(A) 404/2021]...
The economic downturn has badly affected the SMEs and the major cause is the Covid-19 outbreak. In continuation with the Malaysian Government’s drive to minimize the financial burden...
