Amendments to the Companies Act 2016 have introduced stricter requirements for maintaining beneficial ownership information. All companies must now identify, record, and update their beneficial owners to promote transparency and prevent misuse of corporate structures. Learn what these changes mean and how to ensure your company stays compliant with the new law.
Category: Planning
Rental Income and Tax Deductible Expenses Every Landlord Should Know
If you earn income from renting out property, the income is taxable under Malaysian law. However, you can reduce your tax by claiming legitimate expenses. Learn which costs are deductible, which are not, and how to keep proper records to ensure your rental income is reported accurately and fairly.
Hidden Tax Traps That Keep You Paying More Than You Should
Many business owners unknowingly fall into common tax traps that lead to paying more than they should. From overlooking deductible expenses to misunderstanding personal versus business spending, these small mistakes can cost big. Learn how to avoid them and take control of your tax efficiency before it’s too late!
Why Intellectual Property (IP) Matters for Your Business
Protecting your intellectual property (IP) is essential for every business in Malaysia. IP registration helps you secure your brand identity with trademarks, safeguard innovations through patents and protect creative works with copyrights. By registering your IP, you prevent misuse, strengthen your competitive edge, and build long-term trust with customers. Whether you’re a startup or an established company, understanding IP protection in Malaysia ensures your business ideas, products, and creations are legally secured and ready to grow.
📃 Should I Hold 51% or 75% Shares in My Company?
(Malaysia Sdn Bhd Guide for New Business Owners) Starting or restructuring your Sdn Bhd in Malaysia? You’ve probably asked: Is 51% shareholding enough to control the company —— or do I need 75%? The answer depends on what kind of decisions you want to make in the company. Here’s a simple breakdown to help you… Continue reading 📃 Should I Hold 51% or 75% Shares in My Company?
Malaysia Public Holiday and School Holiday Dates Every Business Owner Needs to Know!
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!
Sole Proprietorship VS Private Limited Company (SDN BHD)
In Malaysia, there are several types of business entities, each with their own attributes that serve different business needs and offer different benefits. Therefore, it is important to understand the differences in order to choose the best-fitted business entity to start a business. The following is the difference between a sole proprietorship and a private… Continue reading Sole Proprietorship VS Private Limited Company (SDN BHD)