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!
Category: Information
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?
Are You Sure You’re Issuing e-invoices the Right Way?
Are You Sure You’re Issuing e-invoices the Right Way? Here’s how to get it right with e-invoicing. The digital transformation of invoicing is no longer a future concept. It’s happening now! The Malaysian government has already started implementing e-invoicing in phases, making it mandatory for businesses to transition to digital invoicing. For businesses still relying on traditional… Continue reading Are You Sure You’re Issuing e-invoices the Right Way?
🧳Running a Travel Business? Here’s How to Get Licensed with MOTAC! ✈️
If you’re planning to operate a tour or travel agency in Malaysia, getting licensed by the Ministry of Tourism, Arts and Culture (MOTAC) is essential. Here’s a simplified, step-by-step guide to help you navigate the licensing process—— especially for foreign entrepreneurs or businesses. 📝Step 1: Register Your Company Start by incorporating a Sdn. Bhd. (private… Continue reading 🧳Running a Travel Business? Here’s How to Get Licensed with MOTAC! ✈️
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?
Winning MYHackathon 2020: Boss Boleh aims to improve the efficiency of government services
Businesses flourish with innovative ideas and effective solutions, and they don’t come from a single place. This can be proved through the events that had occurred at MYHackathon 2020, a Pelan Jana Semula Ekonomi Negara (PENJANA) programme hosted by Cradle Fund. It is an initiative aimed to address national difficulties in servicing residents. What happens… Continue reading Winning MYHackathon 2020: Boss Boleh aims to improve the efficiency of government services
Registering Your Sdn. Bhd. at A SSM Counter
What is needed to form a Sdn. Bhd.? For a company to run, the minimum requirement in Malaysia is having at least 1 director and 1 shareholder (same entity eligible) to incorporate the company. Apart from that, a few other criteria are required to be checked off. Only 18 years old and above are eligible … Continue reading Registering Your Sdn. Bhd. at A SSM Counter
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?
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
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