Are you a business owner planning your next move? Whether it’s preparing for a personal getaway, scheduling your operations or launching a seasonal promotion, knowing the exact public and school holiday dates is key to staying ahead. Avoid surprises like peak travel chaos or unexpected downtime by syncing your business plans with the 2024–2025 holiday… Continue reading Malaysia Public Holiday and School Holiday Dates Every Business Owner Needs to Know!
Author: Boss Boleh
Did you know that breaching trust as a director could land you in jail or even face caning?
Recently, I attended a court session where a company director was charged under Section 409 of the Malaysian Penal Code. He faces a minimum of 2 years in jail, mandatory caning, and fines. This is the harsh reality directors face when breaching the immense trust placed in them. So, What Is Section 409? As a… Continue reading Did you know that breaching trust as a director could land you in jail or even face caning?
Are You Sure You’re Issuing e-invoices the Right Way?
Are You Sure You’re Issuing e-invoices the Right Way? Here’s how to get it right with e-invoicing. The digital transformation of invoicing is no longer a future concept. It’s happening now! The Malaysian government has already started implementing e-invoicing in phases, making it mandatory for businesses to transition to digital invoicing. For businesses still relying on traditional… Continue reading Are You Sure You’re Issuing e-invoices the Right Way?
Tax Quick Guide: Forest City Special Financial Zone Tax Incentive
Introduction of Forest City Forest City is an integrated residential development and private town located in Iskandar Puteri, Johor, Malaysia. It is situated in the southwestern part of Johor Bahru District, the second largest district in Malaysia by population. Forest City, with its combination of a duty-free island within a special financial zone, presents a… Continue reading Tax Quick Guide: Forest City Special Financial Zone Tax Incentive
Budget 2025: Introduction of 2% Dividend Tax
The introduction of a 2% dividend tax, as announced in the 2025 Budget proposal, breaks the long-standing tradition of dividends being tax-exempt for individual shareholders. Starting from 1 January 2025, individual shareholders with annual dividend income exceeding RM100,000 will be subject to this new tax, catching many off guard. For high-income earners, this not only… Continue reading Budget 2025: Introduction of 2% Dividend Tax
Running a Travel Business? Here’s How to Get Licensed with MOTAC! ✈️
Starting a travel agency in Malaysia requires proper registration with the Ministry of Tourism, Arts and Culture (MOTAC) to ensure compliance and legality. Follow these essential steps to obtain your travel agency license: Step 1: Register Your Company 💻Begin by registering your company with the Companies Commission of Malaysia (SSM). Your company name should reflect… Continue reading Running a Travel Business? Here’s How to Get Licensed with MOTAC! ✈️
Avoid SSM Fines? Showcase Your Registered Company Name and Number on Your Website
Under Malaysia’s Companies Act 2016, it’s essential for businesses to display their full name and registration number on digital platforms. This practice, crucial for legal compliance, significantly enhances credibility and trust with customers, helping to avoid hefty SSM fines or imprisonment, and fostering better customer engagement and service.
How to Establish and Set Up a Private Dental Clinic in Malaysia
Thinking of starting your own dental clinic in Malaysia? Our guide breaks down the key steps and essential information to help you set up smoothly and compliantly. Dive in to get a clear roadmap for your dental business journey!
Setting Up a New Private Limited Company: What Should You Consider?
Doing business in Malaysia, like in many other countries, can be intricate due to various factors such as regulatory environment, taxation system, etc. It is common for businessmen to set up a Sdn Bhd (private limited company) for running their businesses in Malaysia. However, do you know what you need to consider and carefully look… Continue reading Setting Up a New Private Limited Company: What Should You Consider?
Cradle Grant: CIP Sprint
CIP SPRINT is a grant of up to RM600,000 for a maximum duration of eighteen (18) months, covers the commercialisation of tech and covers SMEs. It is a funding in the form of a conditional grant to assist entrepreneurs to fund their technology based business venture. Upon receiving the fund, the CIP SPRINT recipients are… Continue reading Cradle Grant: CIP Sprint