Malaysia’s corporate tax rate of 24% applies to all businesses which are operating in the country. The tax rate makes no differentiations between business owners. Therefore, locally-owned and foreign-owned businesses in Malaysia are not taxed differently.
In most of the countries of the world, the corporate tax rates are higher than those of Malaysia. For example, in China, India, and Pakistan, the corporate tax rate stands at 25%, [...]
Compliance officers are defined as people who are tasked with ensuring the legal and regulatory compliance of an LLP. In Malaysia, LLPs are not required to appoint compliance officers; however, such a [...]
Malaysian company laws state that an LLP must have at least two owners. However, there is no mention made about the maximum number of owners which an LLP may have. This [...]
Ever since its introduction, there have not been any mentions of any possible amendments to the Limited Liability Partnership Act 2012. There have also not been any mentions of the possibility that [...]
The members who made the decision to call of the EGM, as well as the directors of the company, are at liberty to select those who are to be present at the [...]
The cancellation of an EGM can sometimes be difficult; however, it is not impossible by any means. A resolution passed at a meeting of the company’s board of directors which states that [...]
In Malaysia, there is no statutory requirement for any company to hold any extraordinary general meetings (EGMs). Only annual general meetings (AGMs) are legally required to be held according to the latest [...]
There are certain laws which govern company names in Malaysia. In some instances, the change of a company’s names may lead to one of these laws to become violated. Therefore, in [...]
In Malaysia, the primary languages spoken are Malay and English. However, this does not mean that all company names in Malaysia must either be in Malay or English. Companies in Malaysia may [...]
