If you’re considering closing your Sdn. Bhd., it’s important to understand the two legal exit options under the Companies Act 2016 — Strike-Off and Voluntary Winding-Up. Here’s a quick comparison table to help you decide: ✅ Quick Comparison Table Item STRIKE-OFF VOLUNTARY WINDING UP Legal Provision s.550 CA 2016 s.439(1)(b) CA 2016 Resolution Needed ✅… Continue reading 🧾Company Closure in Malaysia: Strike-Off vs Voluntary Winding-Up — What’s the Difference?
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Budget 2025: Introduction of 2% Dividend Tax
The introduction of a 2% dividend tax, as announced in the 2025 Budget proposal, breaks the long-standing tradition of dividends being tax-exempt for individual shareholders. Starting from 1 January 2025, individual shareholders with annual dividend income exceeding RM100,000 will be subject to this new tax, catching many off guard. For high-income earners, this not only… Continue reading Budget 2025: Introduction of 2% Dividend Tax