When residing and working in Malaysia, you must have heard of the term Sales and Service Tax (SST) or Goods and Service Tax (GST). These terms are much known in corporate world in this country. So, what is this Sales and Service tax (SST) or Goods and Service tax (GST)? How SST VS GST in… Continue Reading »
Top reasons to make a business investment in Malaysia
As a foreign investor when you are planning to make a business investment in Malaysia, it is obvious that you would look for perfect reasons to confirm your decision. In the present corporate world, investors seem to have a keen interest on Malaysia for starting businesses. There are several reasons why corporate people choose this… Continue Reading »
Benefits of setting up a LLC in Malaysia
Before you get to know the benefits of setting up an LLC in Malaysia, you first need to understand briefly about the Private limited company, how it is registered in Malaysia and finally why you would choose Malaysia for registering your new company. The article here will give you a clear concept about all these… Continue Reading »
Business during COVID-19: Ways of overcoming the crisis
Coronavirus brought out an absolutely unprecedented scenario as far as regular social collaboration, travel, living, politics and world business is considered. The waves of this critical scenario came along with social and medical emergencies. As the days are crippling forward, saving lives of infected ones, preventing community spread outs and halting further outbreaks are turning… Continue Reading »
Easy steps of Sales and Service Tax (SST) registration Malaysia
Sales a service tax or SST in Malaysia took a new leap in the corporate world on 1st September 2018. This tax scheme replaced its predecessor Goods and Services Tax (GST) system which was first introduced back in 2015. Just like GST the SST also settled at 6% rate for all eligible manufacturing and consumer… Continue Reading »
Statutory Declaration in Malaysia – Act 1960/1969
What is the statutory Act in Malaysia? How it is prepared? What is the purpose of making the statutory declarations Act 1960/1969 Malaysia? There remain so many queries and questions revolving around this particular topic. Here in this piece of content, we will try to explain the statutory declarations Act 1960/1969 Malaysia in the simplest… Continue Reading »
Malaysian Corporate Tax System
Corporate activities anywhere in the world demand certain percentage of corporate tax. It is the responsibility of corporate personnel to pay this tax regularly, to keep the business clean from any national debts. Similarly, running a corporation in Malaysia also follows a standard corporate tax system. Each and every eligible business of Malaysia is bound… Continue Reading »
How to be a permanent resident of Malaysia?
Malaysia is a nation in Southeast Asia with a population that barely goes above 31.50 million people. Ratio wise this doesn’t make the country too much densely populated. This made an opportunity for many expatriates to plan their permanent home in Malaysia. To be a permanent resident of Malaysia is therefore very much possible. However,… Continue Reading »
Private limited company in Malaysia – Registering an Sdn Bhd
Malaysia is a prime spot among Southeast Asian nation that promotes fabulous business opportunities for natives as well as international investors. Every year thousands of investors gather in this country to make corporate fortunes. When considering setting up a company, an investor has multiple choices before them. Malaysia allows various company options, but among them… Continue Reading »
Sole Proprietorship Malaysia – Comparing with SDN BHD
When setting up a business, there are several governmental regulations of course. Upon fulfilling those regulation and requirements, one can carry out their business in this nation. One of such regulation you need to come across first is choosing the right company structure in Malaysia. Yes, Malaysia offers various business structures among which you need… Continue Reading »