STR 2025 Application Closing Soon
【STR Application Deadline Countdown】Miss it and you’ll have to wait for the next round! LHDN Latest Notice Friends who have not yet applied for or [...]
Claiming Tax Deductions on Goods Imported from China
Many business owners in Malaysia import goods from China but are unsure whether these expenses can be tax deductible. The good news is — with [...]
Implementation of Flexible Work Arrangements Key Highlights At a Glance
Malaysia has officially implemented the Flexible Work Arrangement (AKF).Both public servants and private sector employees can now adopt flexible hours, locations, and work-from-home options. Want [...]
List of Tax-Exempt Income in Malaysia
According to the latest guidelines by the Inland Revenue Board of Malaysia (LHDN), certain categories of income are granted tax exemption. Below is a summary [...]
Reminder: LLPs Must Submit Beneficial Ownership (BO) Declarations by 31 October 2025
The Companies Commission of Malaysia (SSM) has officially enforced the requirement for all Limited Liability Partnerships (LLPs/PLTs) to identify and declare their Beneficial Owners (BOs) [...]
Belanjawan 2026 | Tax Policy Highlights
Budget 2026 | Tax Policy Highlights Good news from this year’s Budget: No new taxes introduced! However, the government has rolled out various tax reliefs, [...]
Comprehensive Guide for Chinese Citizens on Visa-Free Entry to Malaysia
How Long Can Chinese Citizens Stay in Malaysia? Here’s the Latest Official Guide! Starting July 17, 2025, China and Malaysia have officially launched a mutual [...]
Main Types of Taxes in Malaysia
Malaysia’s tax system is divided into two main categories: -Direct Taxes (administered by LHDN) -Indirect Taxes (administered by RMCD) Direct Taxes Direct taxes are imposed [...]
2026 Belanjawan Key Highlights
The 2026 Malaysian Budget has been officially unveiled. Despite global economic uncertainty and geopolitical tensions, the government continues to adhere to the “Prosperous Economy” framework, [...]
Attention CP500 Taxpayers: Instalment Amount Can Be Revised by 31 October
Important Reminder for Malaysian Taxpayers: Taxpayers who have received a CP500 Notice — take note! If your estimated income has changed, you may submit the [...]
Shares Allocation & Shareholder Agreement
When incorporating a company in Malaysia, one of the most important questions entrepreneurs face is: how should shares be allocated. A well-planned equity structure not [...]
Even in Loss, Your Business May Still Be Taxable In The Following Situation!
Company Losses ≠ Tax Exemption! Even when a business is operating at a loss, the following situations may still be taxable 1. Bad Debt Written [...]
Types of Income and Expenses Exempted from e-Invoice in Malaysia
As Malaysia transitions towards nationwide e-Invoice implementation in 2024/25, the Inland Revenue Board of Malaysia (IRBM) has outlined specific categories of income and expenses that [...]
New U.S Tariff Policy Takes Effect
To boost the domestic industry, the United States has announced new tariff hikes on various imported goods: Branded or patented pharmaceuticals: 100% tariff, with exemptions [...]
Tax Treatment of Entertainment Expenses
According to Income Tax Act 1967, Section 39(1)(l) and LHDN Public Ruling No. 3/2008 & 4/2015: Not all entertainment expenses are deductible. -In general, entertainment [...]
Hiring certain employees qualifies for a Double Deduction
In Malaysia, hiring certain employees qualifies for a Double Deduction: -Senior employees: aged 60+, full-time, monthly salary ≤ RM4,000 -Interns: TalentCorp MySIP certified, allowance ≥ [...]
【Beware of AI Ghost Call Scams ! 】
Scammers are now spoofing phone numbers and staying silent when you answer. The moment you speak, AI needs only 5 seconds of your voice to [...]
Essential Documents for Importing Goods into Malaysia
When importing goods into Malaysia, having the required documents prepared is the key to smooth customs clearance. Depending on the type of goods, different certificates [...]
RON95 Subsidy FAQ
With the implementation of the new BUDI95 policy, the government is providing targeted subsidies for RON95 petrol, allowing eligible citizens to purchase it at RM1.99 [...]
Eligibility Check for RM1.99 RON95 Fuel Price Now Open
Starting today, members of the public can check online to see if they qualify for the RM1.99 RON95 petrol subsidy. 👉 Check here: https://www.budi95.gov.my/ We [...]