Malaysia
MBRS Compulsory Enforcement: A Guide to Corporate Reporting Transformation
The Malaysian Business Reporting System (MBRS) has evolved into a key element of the country’s corporate governance landscape. Designed to ensure transparent, standardized, and accurate financial reporting, MBRS has transitioned
The Expansion of the Progressive Wage Model (PWM) in Malaysia
The Progressive Wage Model (PWM) is a transformative approach to wage structure in Malaysia, designed to reduce income inequality and improve the socio-economic conditions of low-wage workers. By linking wage
Automatic Compound Reduction by SSM (Commission of Malaysia)
The Companies Commission of Malaysia (SSM) has introduced a strategic initiative to simplify business compliance under the Companies Act 1965 and the Companies Act 2016. This initiative, known as the
Malaysia Business Tax Submission Deadlines
Navigating the tax landscape in Malaysia can be daunting for business owners. Understanding the tax submission deadlines is essential to ensure compliance and avoid unnecessary penalties. In Malaysia, businesses are
New Qualifying Criteria for Audit Exemption in Malaysia
Starting from January 1, 2025, Malaysia has introduced new qualifying criteria for audit exemption aimed at providing financial relief to micro and small businesses. The government’s objective is to reduce
Op Dagang 2025: A Strategic Initiative for Enhancing Tax Compliance and Business Growth in Malaysia
In recent years, businesses in Malaysia have witnessed increased emphasis on adhering to tax regulations, with a particular focus on improving tax compliance. One of the most significant initiatives to
5 Common Tax Offences Businesses Should Avoid in Malaysia
In Malaysia, adherence to tax laws is not merely a legal obligation but a critical element for maintaining business integrity and long-term sustainability. The Inland Revenue Board of Malaysia (IRBM),
Malaysia MPERS vs. MFRS: A Comprehensive Comparison and Industry-Specific Suitability
The rapid pace of digital transformation in Malaysia has led to the introduction of several initiatives aimed at modernizing the business landscape and enhancing overall economic efficiency. One of the
Malaysia E-Invoicing for SMEs: Why the Malaysian Government’s Delay Is a Blessing in Disguise
The rapid pace of digital transformation in Malaysia has led to the introduction of several initiatives aimed at modernizing the business landscape and enhancing overall economic efficiency. One of the
Financial Support for Malaysian Families: Exploring the 2025 Tax Relief Amendments in Malaysia
The 2025 national budget introduces a host of tax relief updates aimed at easing the financial burdens of individuals and families across Malaysia. The updates span a variety of categories
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