The minimum salaries in other major global currencies are as follows: EPI – RM10,000 / US$2,397 / €2,170 / JP¥257,430 / CN¥17,062 / £1,942 EPII – RM5,000 / US$1,198 / €1,085 / [...]
Foreigners of all walks of life, qualifications, and trades have plans to enter Malaysia for work purposes. Therefore, these differences necessitate different Employment Pass categories so that the government and employers [...]
The local tax incentives on offer are only available to resident companies. Since foreign companies’ branch offices are defined as non-resident companies, they are not allowed to claim any local tax incentives [...]
A company is defined as a tax resident of Malaysia if the management and control of its corporate affairs take place in Malaysia. If at any time during the year, at least [...]
Ever since the 2018 year of assessment, Malaysian Sdn Bhd companies which have resident status are taxed at 19% if their net profit is below RM500,000 and 24% otherwise. Non-resident Sdn Bhd [...]
The licenses required by any Sdn Bhd company depend on what business activities are conducted by the company in question. Therefore, the number of licenses required will vary from company to company. [...]
At the point of company incorporation in Malaysia, the first company secretary shall be named in the Articles of Association. When this is done, the appointment is effective from the date of [...]
The qualifications for a Malaysia certified company secretary are set out by the Companies Act 2016. Some of these requirements are: Be a member of a professional body or any other body [...]
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 the [...]
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 [...]
