-
Q: Which taxpayers are eligible to apply for the reduction or exemption of the "six taxes and two fees"? A: Value-added tax small-scale taxpayers, small and low-profit enterprises...
-
Q: What is Economic Substance Requirements (ESR)? A: A labuan company must show economic substance by employing a certain number of staff in labuan and meeting the minimum annual ...
-
Q: If I meet the eligibility requirements for two or more types of National Pension benefits at the same time, can I claim all of them? A: No, you cannot. Regardless of whether yo...
-
Q: What are the key annual filings of a company? A: Malaysian companies are required to submit their annual return and financial statements to the Companies Commission of Malaysia...
-
Q: When will the new Value-Added Tax law come into effect? Q: The Value-Added Tax law of the People's Republic of China was adopted on December 25, 2024 and will come into effect ...
-
Q: What is striking off a company? A: Striking off a company refers to the legal process of removing a company from the official register of companies, effectively dissolving it. ...
-
Q: What is a Foreign Company in Malaysia? A: Section 2 of the Companies Act 2016 defines a foreign company as any entity, including a company, corporation, society, or association...
-
Q: What does output tax amount refer to? A: It refers to the value-added tax amount calculated by a taxpayer for taxable transactions, which is calculated by multiplying the sales...
-
Q: Is value-added tax an extra-price tax? A: Value-added tax (VAT) is an extra-price tax. The sales number of taxable transactions does not include the VAT amount. The VAT amount ...
-
Q: When will the Tariff law of the People's Republic of China be implemented? A: The Tariff law of the People's Republic of China shall come into effect as of December 1, 2024. Th...