Is a professional accountant necessary for businesses?
It is highly encouraged for every business to have a professional accountant to comply with the annual compliance and avoid penalties.
It is highly encouraged for every business to have a professional accountant to comply with the annual compliance and avoid penalties.
It is important to know if they are chartered or certified. Hiring and engaging an accounting firm that has relevant experience in your field will definitely be a plus. You should also [...]
Sales and Service Tax (SST) compromises of two taxes – sales tax and service tax. The sales tax is imposed by a registered seller on all goods unless exempted by the Minister [...]
Capital gains are not taxed in Malaysia, other than gains which will be taxed under the real property gains tax.
The Malaysian tax year is the calendar year – 1 January to 31 December.
Most countries have a higher corporate tax rate than that of Malaysia. For example, in China, India, and Pakistan, the corporate tax rate is at 25%, 34.61%, and 31% respectively, as compared [...]
Tax administration in Malaysia is based on the concepts of paying, self-assessing, and filing. Monthly salary deductions are made for individuals with an employment income; they may also be made through installments for [...]
The Malaysia Employment (EP) is a type of work permit that is valid for up to 5 years, depending on the contract and the salary.
The Malaysia Employment Pass (EP) can only be applied by the hiring company and cannot be applied directly by the applicant.
Yes, you can apply for the Malaysia work visas while residing overseas. However, it is recommended that you have a local representative in Malaysia to liaise and talk to governmental officers if [...]