How to start a Halal-Certified Business in Malaysia

Although there are many other ethnicities and religions in Malaysia, the Muslim community makes up the majority of the country’s population. To reach the large worldwide Halal market, it is essential to get into the community of Halal seekers. You might need to have your restaurant in Malaysia authorized as Halal to engage the locals.… Continue reading How to start a Halal-Certified Business in Malaysia

Industry Guide on How to Set Up a Private Transportation Services Business in Malaysia

Transportation is one of the inevitable aspects in the daily lives of people living in Malaysia. Thus, there is a high demand for transportation from Malaysians to facilitate their daily activities. The emergence of e-commerce has contributed to the revolution of the private transportation industry, as we can witness the success of companies such as… Continue reading Industry Guide on How to Set Up a Private Transportation Services Business in Malaysia

How to start a Home-based Business in Malaysia 

The economic climate is not what it was prior to the epidemic. Business owners need to always be prepared to adjust to changing circumstances if they want to survive in this tough market. They must be prepared to use local resources to their advantage, and a potential option is now available: home-based businesses. The internet… Continue reading How to start a Home-based Business in Malaysia 

Industry Guide on How To Set Up a Yacht Charter Business in Malaysia

Malaysia, a yachting paradise surrounded by extraordinary natural beauty, extensive coastline and beautiful islands, has a well-deserved honour amongst sailing enthusiasts. As such, the Malaysian government has fully supported the Shipping Master Plan for the period of 2017 – 2022, which is targeted to improve the maritime industry. Thanks to this opportunity, setting up a… Continue reading Industry Guide on How To Set Up a Yacht Charter Business in Malaysia

Things To Know About Personal Tax Clearance for Employers when Employees Leave The Company

Being an employer is never easy when you have to deal with different issues of your business.  But did you know? When employees are no longer working for the company, this responsibility also falls on the shoulder of employers according to the Malaysian Income Tax Act 1967. Employers have the obligation to inform the Malaysian… Continue reading Things To Know About Personal Tax Clearance for Employers when Employees Leave The Company

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Categorized as Taxation

Resignation & Removal of Director

A director is a person who serves on the board of directors of a corporation. The procedure for resignation of director and removal of Director by the Board or Shareholders differs. The outgoing Director can resign by submitting a resignation letter, however the removal of the Director would require a ordinary resolution. We will take… Continue reading Resignation & Removal of Director

DBKL shuts down 597 business premises run by foreigners

Kuala Lumpur City Hall (DBKL) has ordered the closure of 597 foreign-owned businesses under Section 101 (1) (v) of the Local Government Act 1976. The order, which took effect on July 20, 2020, forbids foreign nationals from seeking licenses for up to twenty different types of businesses. Hypermarket, supermarket, mini mart, sundry shop, 24-hour convenience… Continue reading DBKL shuts down 597 business premises run by foreigners

Closing of Business for Sole-Proprietor and Partnership

In the year 2022, the pandemic has been ongoing for nearly three years now. Not only has it reshaped various sectors across the globe, it also continues to profoundly disrupt various aspects of our lives. Regardless, life goes on. In Malaysia, the economy started to recover in the fourth quarter of 2021. While some businesses… Continue reading Closing of Business for Sole-Proprietor and Partnership