Companies must add new SST tax codes, update invoice templates, test billing workflows, and ensure transactions are properly categorized as taxable or non-taxable. System readiness is essential because SST obligations begin immediately [...]
If your services fall under the expanded SST scope and you fail to charge SST, the Royal Malaysian Customs Department may backdate the tax, require you to absorb the unpaid SST, and [...]
Most businesses will need to review and update contracts, especially if they include fixed pricing or were drafted without a tax clause. Without updated terms, companies may need to absorb the SST [...]
Yes. The 2025 expansion specifically covers more IT, software, cloud hosting, digital consultancy, support, and maintenance services, meaning many tech companies that never dealt with SST will now be required to charge [...]
Only businesses that provide newly taxable services and meet the SST threshold must register. However, many companies that were previously exempt—especially in logistics, IT, leasing, and professional services—will now fall under SST [...]
You should begin ESD registration immediately after incorporating your Sdn Bhd, especially if you plan to hire foreign specialists or relocate directors. Early activation prevents delays later on when Employment Pass applications [...]
Corporate bank accounts usually take 1–4 weeks to open depending on the bank and how complete your documents are. During growth periods, banks can have stricter KYC checks, so preparing your business [...]
You typically need a passport copy, proof of residential address, proposed business activities, and details of directors and shareholders. Additional documentation may be required if your business falls under a regulated sector [...]
Yes, Malaysia allows 100% foreign ownership for most industries, with only a few sectors requiring equity conditions or special licenses. This makes Malaysia one of the more accessible incorporation destinations in the [...]
Yes — Malaysia’s 5.2% GDP growth and RM285.2 billion in approved investments indicate strong economic momentum and expanding opportunities across key sectors. Incorporating during a growth cycle allows new companies to secure [...]
