-
Q: Do employees of our company need to pay personal income tax if they receive cash prizes and in-kind prizes at the company's annual meeting? A: The cash prizes and in-kind prize...
-
Q: What are the statutory contributions and deductions for Employees in Malaysia? A: Employees Provident Fund (EPF); Social Security Organisation (SOCSO); Employee Insurance Sys...
-
Q: What is Expatriate Services Division (“ESD”)? A: ESD is a division under the Immigration Department of Malaysia. It is responsible for managing the employment and immigration...
-
Q: What is Business Premises License (BPL)? A: A BPL is a legal permit issued by the local municipal council (e.g., City Hall, District Office) that authorises a business to opera...
-
Q: What is DE Rantau Nomad Pass? A: The DE Rantau Nomad Pass is a Professional Visit Pass that enables eligible foreign digital nomads to live and work in Malaysia. Q: What is th...
-
Q: What is a share certificate under the Companies Act 2016? A: A share certificate is a formal document issued by a company to its shareholders to prove ownership of shares in th...
-
Q: What are the shareholders’ rights under the Companies Act 2016? A: Shareholders of Malaysia companies have several key rights under the Companies Act 2016. These include the r...
-
Q: What are the basic requirements to open a company bank account in Malaysia? A: To prove the need for opening such an account, the company must demonstrate their intent to trans...
-
Q: Can the monthly premium for national pension insurance be voluntarily increased? A: The purpose of the national pension insurance is to provide basic economic security for the ...
-
Q: What are the types of business licenses in Malaysia? A: Generally, business licenses in Malaysia are categories into 3 distinct types, namely general licenses, sector-specific ...