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Q: What kind of interest requires a director to disclose? A: The Companies Act 2016 requires a director to disclose their interest in a contract or transaction with another compan...
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Q: Can a company provide loan to its directors? A: Typically, a company is not allowed to lend money to a director of the company or any related company. Additionally, the company...
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Q: How does a company hire an accounting firm for auditing? A: The appointment or dismissal of the accounting firm that undertakes the audit business of the company shall be decid...
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Q: What is indemnity for company officers in Malaysia? A: The term “indemnity” refers to security or protection from financial liability. It typically takes the form of a contra...
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Q: Under what circumstances does the company need to withdraw the statutory provident fund? A: When the company distributes the after-tax profits of the current year, it shall wit...
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Q: What is the duration for PVIP visa? A: The visa term for PVIP is 20 years, with an option to renew every 20 years. Q: Who can apply for PVIP? A: PVIP applicants can be of any...
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Q: What does the company need to do after it makes a separation resolution? A: The company shall notify creditors within 10 days from the date of making the separation resolution,...
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Q: What are the contents of other income referred to in the Enterprise Income Tax law? A: Article 22 of the Implementation Regulations of the Enterprise Income Tax law of the Peop...
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Q: What is capital reduction? A: Capital reduction is a process of capital repayment to the shareholders by decreasing its share capital through share cancellation. Q: Why would ...
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Q: Under what circumstances does a company merger not require a shareholders' decision? A: When a company merges with a company in which more than 90% of its shares are held, the ...