Why is a Company Secretary needed?
The law requires that every company (Sdn Bhd or Berhad) MUST appoint at least one Company Secretary. The directors cannot be company secretaries at the same time. A company secretary appointed by [...]
Who qualifies as a Company Secretary?
The Companies Act of Malaysia sets the qualifications for a company secretary as: A member of a professional body or any other body prescribed by the Malaysia Ministry of Trade. Company secretaries [...]
What is the maximum probationary period permitted by law?
The law does not prescribe a maximum probationary period. The probationary period may be extended if the employee does not meet the expected standard of employment. It is recommended that the contract [...]
Are there any restrictions or prohibitions against requiring a medical examination as a condition of employment?
There are no restrictions or prohibitions against requiring a medical examination as a condition of employment. There are also no restrictions on an employer refusing to hire an applicant who refuses to [...]
Are foreign workers taxed in Malaysia?
Depending on the foreign individual residency in Malaysia and their duration of employment, they will be subjected to tax accordingly. A non-resident individual is taxed at a flat rate of 30%, [...]
Are there tax deductions offered?
Malaysia has numerous tax reliefs for companies as well as personal income. These tax relief cover categories such as but not limited to, disabilities, alimony, child care and even for breastfeeding [...]
Do I have to get an income tax number for my employee or can they obtain it themselves?
Companies are to obtain income tax numbers for their foreign workers. However, should they fail to do so, workers may obtain it by themselves from any LHDN office. One may receive [...]
How to obtain my income tax number?
A taxpayer in Malaysia is to obtain an income tax number from the LHDN. The LHDN will then provide the taxpayer with an income tax number so that the taxpayer will [...]
Who can attend EGM?
The members/shareholders of a company can call for an extraordinary general meeting. However, only certain members with a significant stake in the company are allowed to call for an EGM. [...]
What happens when my company secretary resigns and how to remove them?
A company secretary may resign by a notice to the board. The position of the vacant company secretary must not be left unfilled for more than 30 days. Form section 58 – [...]