What You Need to Consider Before Joining an Accelerator Programme

A new path in your life begins when you launch your first business. When things don’t appear to be heading your way, it’s only reasonable to feel concerned because there’s such a big learning curve to get over and so much is on the line. Your concern might then lead you to seeking support from… Continue reading What You Need to Consider Before Joining an Accelerator Programme

Which Business Model and Company Entity Suits You Best?

It has been nearly two years ever since the pandemic brought a significant change to how our world works. Despite the drastic economic impacts that the pandemic has brought, it has created different business opportunities for the fellow entrepreneurs out there. To implement your business ideas while generating income will be one of the great… Continue reading Which Business Model and Company Entity Suits You Best?

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Different ways to get Funding, and their Pros & Cons

It might cost hundreds of ringgits to millions of ringgits to launch a business. What if you require money to support bigger company endeavours or get through challenging times during regular operations? You might need to consider the cost of marketing, hiring staff, purchasing equipment, or registering your business.  The best part is that you… Continue reading Different ways to get Funding, and their Pros & Cons

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Proven Business Models That Ensure Success

Maxis Business Spark series, Let’s Talk invites business owners from various industries to share, discuss and debate business strategies. Episode 4 of this series is called “Spark Let’s Talk: The Right Fit In The New Normal”, it brings two business owners with distinctly different business strategies together to uncover unique insights, perspectives as well as… Continue reading Proven Business Models That Ensure Success

Differences between Grant and Loan

Partner has made a fraud in the contract of sale and being handed a cash and pen to the businessman signing the contract corruption bribery concept.

The government can finance your ideas and initiatives through grants in order to deliver public services and boost the economy. Moreover, you will require capital to build your business in order to maximize efficiency and profitability, which is why people seek business loans. Grant and loan offers are great ways to build momentum, advance projects,… Continue reading Differences between Grant and Loan

FAQ for Employment (Amendment of First Schedule) Order 2022

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1st September 2022, all employees will be protected by the Employment Act 1955.  In view of the above update, we have gathered some FAQs about the topic and listed them down as follows:  All employees covered by the EA  Question: What is the impact of the EA being applicable to all employees?  Answer: It means that ALL… Continue reading FAQ for Employment (Amendment of First Schedule) Order 2022

The Pros and Cons of Running a Family Owned-Business

Spark Let’s Talk by Maxis Business is a talk show that welcomes prominent Malaysian entrepreneurs to discuss opportunities and problems faced by SMEs in Malaysia, particularly as they adjust to the new normal. For startup entrepreneurs or those looking forward to learn something, this is a show for you. Today we will be looking at… Continue reading The Pros and Cons of Running a Family Owned-Business

Who is Not Eligible to Become a Director of Sdn. Bhd.

Click here to read the Chinese version 点击此处阅读华语版本 Before opening a company, it is necessary to know and understand the qualifications and disqualifications of company directors. Other than that, it is important that directors of Malaysian companies act according to the responsibilities of their duties in order to avoid breaching the company law and committing… Continue reading Who is Not Eligible to Become a Director of Sdn. Bhd.

Taxpayer Responsibilities (for Companies in Malaysia)

Are you aware of the taxpayer responsibilities by a company in Malaysia? Below here we have compiled all the information about taxpayer responsibilities according to LHDN. Read further to find out more:  Categories Description Leave Passage  Leave passage within Malaysia not exceeding three times in a year and one leave passage outside Malaysia not exceeding… Continue reading Taxpayer Responsibilities (for Companies in Malaysia)

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Secretary Fee & Tax Agent Fee

Tax Deduction for Secretarial and Tax Filing Fee Pursuant to the Income Tax (Deduction For Expenses in Relation to Secretarial Fee and Tax Filing Fee) Rules 2020 [P.U.(A) 162/2020] published by the Federal Government on 19 May 2020, the following expenses incurred shall be allowed for tax deduction with effect from year of assessment 2020: Before YA… Continue reading Secretary Fee & Tax Agent Fee

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