It is not surprising to find out that we might be working in a different country due to various reasons in today’s society. For foreigners who plan to work in Malaysia, the first question that comes to mind might be: “Are there any permits required to apply in order to work legally?”. The answer to… Continue reading Condition to Apply for Employment Pass in Malaysia
Category: Information
The Differences between Franchising & Licensing
Both franchises and licenses are commercial contracts that allow for the sharing of specific brand elements in return for a price. A franchising agreement, on the other hand, covers a company’s whole brand and activities, but a license deal only applies to registered trademarks. Franchises often work best for service-based businesses, while licenses are more… Continue reading The Differences between Franchising & Licensing
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