What Are The Roles And Duties Of The Company Secretary In Malaysia?
4 minutesDifferent people play different roles within an organization to ensure the smooth running of the organization’s operations. In this piece, we will consider the roles and duties of a Company Secretary in Malaysia.
How and Why set up holding company in Malaysia
5 minutesIt would be important to understand how to set up a holding company in Malaysia before creating one. What a Malaysian Holding Company Is? A holding company is a specific kind of business entity registered in Malaysia with the primary responsibility of overseeing and managing the assets and investment strategies of another business, known as […]
What Are The Roles And Duties Of Company Directors In Malaysia?
4 minutesRunning a company is no simple work. That’s why the role of a Company Director is crucial to the success of the business’s operations. Asides from controlling the business’s operations, directors are also expected to act according to their responsibilities and expected duties. Failure to do this would result in a breach of company law and be considered a criminal offense. Before assuming their role, every company director would learn about their responsibilities and duties. Directors must know they are separate from those of the company’s owners. This piece will reveal essential information about what it takes to be a company director Malaysia.
Here’s Everything You Need To Know About SOSCO Malaysia Rate
4 minutesMalaysia is undoubtedly one of the best places to live worldwide because of its approach to taking care of citizens. The government of Malaysia has adopted several policies to ensure that everyone is well catered for. One of these popular policies is the Social Security Organization (SOSCO). In Malaysia, every employee is expected to be a part of SOSCO. As a result, employers and employees are expected to have a fair amount of knowledge about this scheme. Are you one of those who want to find out SOSCO Malaysia Rate? You’re at the right place. This piece has essential details on everything you may need to know.
What Is The Malaysian Financial Reporting Standard?
3 minutesFinancial Reporting Standards refer to the regulations guiding the preparation of an organization’s financial statement. If you’re starting a company in a foreign jurisdiction, you must learn about the financial reporting standards in that region. Failure to get familiar with the necessary financial framework could be quite costly. Every business owner has to stay aware of the financial framework in Malaysia. That’s where we come in. This piece will reveal all the essential details about Malaysia Financial Reporting Standards.
Difference between Registered Address and Business Address in Malaysia
4 minutesOne important step to take when opening a company or a business is to have the proper set of addresses. There are different addresses that should be taken into account when registering a company in Malaysia. The type of addresses can include a Business address and Registered address. Although there are many similarities between the two company addresses, there is a difference between Registered Address and Business Address in Malaysia.
How to Get a Work Permit in Malaysia
4 minutesMalaysia has been a top travel destination for tourists and entrepreneurs alike. With its beautiful cities and sceneries such as the Alor star, Kuntan, together with the country’s numerous lush jungles and beaches. Malaysia welcomed more than 4 million visitors in 20221 alone, Malaysia is also one of the most open economies in the world, so it’s not surprising that people relocate there in search of greener pastures; however, to be able to work in Malaysia it is mandatory for you to have a Malaysia Foreign Worker Permit.
Tax Relief system in Malaysia
5 minutesThe tax season is seemingly never far away, causing a few nervous glances with each thought. Anyone who is eligible for taxes in Malaysia is sure to be worried about how much tax they are due for the tax assessment year. Thankfully, with tax relief, you are sure to have less to worry about come tax assessment. To ensure you can better prepare for the coming tax year, we bring you everything you need to know about income tax relief Malaysia.
Audit Fee Guideline In Malaysia
5 minutes Auditing is a key part of running a business in Malaysia and one that every potential business owner should be familiar with. Accounting is crucial in running a company, both for the shareholders and tax authorities. Therefore, the value of a proper audit is invaluable; hence, the need for a capable auditor. You don’t need to be an auditor to know about auditing, especially when you simply want to provide oversight to the Auditor. To that end, let’s take a look at audit fee guideline Malaysia.
How To Register A Sdn Bhd Company In Malaysia
5 minutesMalaysia has always been a favorable business landscape, making it ideal to start a new business. When starting a new business, there is one critical choice to make, which is deciding on whether it will be registered as an sole proprietorship or Sdn Bhd. The most common choice is to start as an sole proprietorship before switching to an Sdn Bhd later on. You can, however, operate as an Sdn Bhd from the start, rather than have to make the switch later on. You will need to know how to register a Sdn Bhd company in Malaysia before you proceed.