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
Author: Boss Boleh
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
Cradle Grant: CIP Spark
CIP SPARK is a grant of up to RM150,000 for a maximum duration of eighteen (18) months, covers the development and pre-commercialization of for technology start-ups. It is a funding in the form of a conditional grant to assist early-stage entrepreneurs to develop and commercialize their product. Upon receiving the fund, the CIP SPARK recipients… Continue reading Cradle Grant: CIP Spark
Accelerate Business Expansion with CVIA and NCIA’s Incentives
Unlock your business’s growth potential in Malaysia’s emerging industrial hub, the Chuping Valley Industrial Area (CVIA).
Situated strategically in the Northern Region and backed by the Northern Corridor Implementation Authority (NCIA), CVIA is your gateway to new markets and extensive growth opportunities.
Explore attractive incentives, including tax breaks, grants, and subsidized land the NCIA offers.
Learn more about how CVIA’s location and supportive infrastructure can catalyze your business expansion. Join the ranks of successful businesses thriving in CVIA.
Your journey towards business growth in the Northern Region begins here.
MIDF Grant: Matching Grant For Bumiputera Aerospace SMEs
Objectives To strengthen the supply chain as well as to develop Bumiputera Aerospace SMEs to drive comprehensive and balanced growth in the Malaysian aerospace industry; To transfer high contract values of work packages and services; and To help Bumiputera Aerospace SMEs grow their businesses, enhance the Malaysian aerospace ecosystem as well as to attract new… Continue reading MIDF Grant: Matching Grant For Bumiputera Aerospace SMEs
MIDF Grant: Aerospace and Electrical & Electronic Investment Fund (AEEIF)
Objectives To spur investment in high technology industries particularly in the Research and Development (R&D) field including Industry 4.0 adaptation in the aerospace and Electrical & Electronic (E&E) industries to achieve the targets set in the 12th Malaysia Plan under the Aerospace Industry Framework and Industry 4WRD initiatives; and To facilitate aerospace and Electrical &… Continue reading MIDF Grant: Aerospace and Electrical & Electronic Investment Fund (AEEIF)