Author: Boss Boleh

🛡️New Policy on Releasing Statutory Documents to Auditors

Protecting Your Company’s Confidential Data At Boss Boleh, we are committed to protecting our clients’ information while supporting their compliance needs. In light of recent fraud attempts involving individuals impersonating auditors to obtain sensitive documents, we have introduced a new policy to strengthen the way we release statutory documents to auditors. 🔐  What’s New? Effective… Continue reading 🛡️New Policy on Releasing Statutory Documents to Auditors

Do you still need a Constitution if you have a Shareholders ‘Agreement?

Key Differences & Why You Might Still Need a Constitution Aspect Shareholders’ Agreement Constitution Legal Binding Only between shareholders who signed Legally binds company, directors, and all shareholders Public vs. Private Private, not required to be lodged with SSM Public, accessible under SSM Flexibility Can be changed by agreement of signing parties Requires special resolution… Continue reading Do you still need a Constitution if you have a Shareholders ‘Agreement?

Malaysia Sick & Medical Leave

Medical Leave vs Sick Leave: What’s the Difference? While often used interchangeably, sick leave typically refers to time off due to minor illnesses, while medical leave can include more serious health issues requiring extended recovery or hospitalisation.

In Malaysia, the Employment Act combines both under paid sick leave provisions, with additional entitlement for hospitalisation leave up to 60 days a year, including the ordinary sick leave allocation. A valid medical certificate is required for both.

Annual Leave in Malaysia: 8 Days or 14 Days? Know Your Rights

Confused about how many days of annual leave you’re entitled to in Malaysia? Whether you’re a new hire or a seasoned employee, this guide breaks down the legal minimum, how leave is calculated, and what many companies are actually offering today (hint: it’s more than 8 days 👀).
We also cover prorated leave, carry-forward rules, and what’s changed under the latest amendments to the Employment Act.

Ready to find out where you stand?
Read the full article and make sure you’re getting what you deserve.

Angie Ng Pey Hiong, Founder of Boss Boleh Sdn Bhd, Malaysia, was honored with the “Founder of the Year Award” at the ASEAN Startup Awards!

Ng Pey Hiong, Founder of Boss Boleh Sdn Bhd, Malaysia, was honored with the “Founder of the Year Award” at the ASEAN Startup Awards! The recently announced ASEAN Startup Awards recognizes the most impactful and innovative businesses in the 10 ASEAN countries. Boss Boleh Founder Honored with “Founder of the Year” Award A number of… Continue reading Angie Ng Pey Hiong, Founder of Boss Boleh Sdn Bhd, Malaysia, was honored with the “Founder of the Year Award” at the ASEAN Startup Awards!

Malaysia Ups Minimum Wage to RM1,700!

The Minimum Wage Order 2024 was gazetted on 4 December 2024 and will be enforced in two stages. Starting 1 February 2025, a minimum monthly wage of RM1,700 will apply to employers with five or more employees and those categorized as MASCO Employers. By 1 August 2025, the same wage standard will extend to all employers in Malaysia, ensuring fair pay for workers across the nation. Employers are urged to review and adjust salaries accordingly to comply with the new wage regulations.

🚨 Sdn Bhd Companies No Longer Need Auditors? 🚨

Yes, that’s correct—but only if your company meets the new audit exemption thresholds introduced by SSM! Download the SSM guide HERE This game-changing policy could save thousands on audit fees for eligible SMEs. However, companies still need to: 1️⃣ Submit Unaudited Financial Statements (UAFS) to SSM annually (MBRS submission fee, estimated cost: RM 1,000) 2️⃣ Tax filing : submit Form C to LHDN using… Continue reading 🚨 Sdn Bhd Companies No Longer Need Auditors? 🚨

Malaysia Public Holiday and School Holiday Dates Every Business Owner Needs to Know!

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!

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?