Malaysia
Employees Navigating the New EPF Contribution Policy for Foreign Workers in Malaysia
On February 2025, Malaysia’s government announced a groundbreaking change in its labor policy that directly impacts foreign workers— a move that is both a step towards social protection and a
Trends in E-commerce in Malaysia
E-commerce has revolutionized the retail landscape globally, and Malaysia is no exception. The shift from traditional brick-and-mortar stores to online platforms has accelerated in recent years, driven by advancements in
Understanding Penalties and Compliance Requirements for Audited Financial Statements in Malaysia
In Malaysia, the landscape of corporate governance underscores the critical importance of audited financial statements. These documents are pivotal for ensuring transparency and accountability within corporations. The Companies Commission of
How to Use e-PCB Plus for Accurate and Timely Tax Deductions in Malaysia
In Malaysia, individuals and businesses are required to comply with the nation’s taxation system, which includes the Potongan Cukai Berjadual (PCB), or the monthly tax deduction system. The Lembaga Hasil
How Malaysia’s Payroll Updates Impact Remote Workers and International Employees
The rapid global expansion of remote work has given rise to numerous complexities, especially when it comes to payroll and compliance. As businesses in Malaysia increasingly employ remote workers from
Comparing MDEC vs. ESD: Malaysia’s Working Visa Options
Malaysia, a burgeoning hub for international talent, offers multiple avenues for foreign professionals to work and reside within its borders. Among these, the Malaysia Digital Economy Corporation (MDEC) and the
The Future of Payroll in Malaysia: Trends to Watch in 2025 and Beyond
Payroll management in Malaysia, as with the rest of the world, is undergoing significant transformation. As businesses adapt to the evolving digital landscape, the future of payroll in the country
Malaysia Budget 2025: A Bold Step Towards Social Inclusion, Fair Wages, and Enhanced Retirement Savings
The Malaysian government’s Budget 2025 is a forward-looking set of initiatives aimed at improving the welfare of the nation’s workers, encouraging social inclusion, and enhancing the financial security of all
Streamlining Payroll Management in Malaysia: A Comprehensive Guide to e-PCB Plus
Managing payroll and tax deductions for employees is one of the most critical administrative tasks for any business. The process requires accuracy, timeliness, and adherence to tax laws to avoid
Diving into Malaysia Data & Compliance Report (DCR) 2024
In an era of heightened regulatory scrutiny, financial and non-financial institutions must navigate complex reporting requirements to remain compliant with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations. A crucial
Everything You Need to Know About the Malaysia Premium Visa Programme (PVIP)
In recent years, Malaysia has introduced the Malaysia Premium Visa Programme (PVIP), an exclusive residency initiative aimed at attracting high-net-worth individuals (HNWIs) and their families to live, invest, and contribute
New Updates on Malaysia MM2H Visa: Understanding the Latest Changes and Implications
The Malaysia My Second Home (MM2H) program has long been a favoured pathway for foreign nationals seeking to reside in Malaysia for extended periods. Originally targeting retirees, the Malaysia MM2H
Non-Deductible Business Expenses: Avoid These 8 Common Tax Mistakes in Malaysia
Navigating tax regulations can be a complex undertaking for businesses in Malaysia. While certain expenses are eligible for tax deductions, others are not, often leading to costly mistakes during tax
Bad Debts and Tax Relief: How to Handle Irrecoverable Debts in Malaysia
Bad debts are a grim reality for businesses operating in Malaysia. They occur when a customer or debtor is unable or unwilling to fulfill their financial obligations, leaving the creditor
Deductible and Non-Deductible Expenses in Malaysia
In Malaysia, the taxation system provides businesses with the opportunity to reduce their chargeable income by deducting specific allowable expenses. These deductions play a critical role in reducing the tax
Understanding the Consolidated E-Invoice System in Malaysia
The shift towards electronic invoicing (e-Invoicing) marks a new era of digital compliance for businesses. It streamlines tax documentation and enhances transparency, benefiting both the supplier and the tax authorities.
A Complete Guide to Self-Billed e-Invoice in Malaysia
The rise of e-Invoicing has revolutionized how businesses process transactions. Traditionally, suppliers issue invoices to acknowledge sales, while buyers use these invoices to record expenses. However, in specific circumstances, buyers
Transfer Pricing in Malaysia
In the world of corporate governance, Beneficial Ownership (BO) reporting plays a crucial role in ensuring transparency and compliance. BO reporting helps identify the true individuals who control or own
An In-Depth Guide for Malaysia Beneficial Ownership Reporting for Companies
In the world of corporate governance, Beneficial Ownership (BO) reporting plays a crucial role in ensuring transparency and compliance. BO reporting helps identify the true individuals who control or own
Malaysia Forest City Special Financial Zone: A Catalyst for Malaysia’s Economic Revolution
We are thrilled to discuss the establishment of the Forest City Special Financial Zone (FCSFZ) in Malaysia. This significant milestone is more than just a new chapter in Malaysia’s financial
Understanding the Importance of Malaysia LHDN E-Invoice
The Malaysian government is progressively integrating e-Invoicing as a pivotal step toward enhancing the country’s digital economy. This transition, set forth in the Twelfth Malaysia Plan, is poised to revolutionize
