Shares Allocation & Shareholder Agreement
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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 [...]
Tag: ImportantNews
Even in Loss, Your Business May Still Be Taxable In The Following Situation!
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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
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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
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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
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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
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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 ! 】
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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
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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
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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
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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 [...]
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