SSM Registered Business Entities to Have New Format for Registration Numbers

SSM Registered Business Entities to Have New Format for Registration Numbers

SSM Registered Business Entities to Have New Format for Registration Numbers Business entities registered in Malaysia will now have a new registration number format when they register with the Companies Commission of Malaysia (SSM). Beginning January 2019, these new registration numbers for business will contain 12 digit characters which are designed to help facilitate data…

E-Newsletter December 2018

Dear Valued Clients, Welcome to our E-Newsletter December 2018 We hope this email finds you well! Last October, the World Bank chief economist for the East Asia and Pacific region Sudhir Shetty has commented that Malaysian economy will see a slower growth in the next three years due to the easing of exports and public…

IRBM Launches Special Program for Voluntary Disclosure

IRBM Launches Special Program for Voluntary Disclosure

Malaysia’s Inland Revenue Board Launches Special Program for Voluntary Disclosure On 3 November 2018, the Inland Revenue Board of Malaysia (IRBM) issued its Operational Guidelines No. 1/2018. This guideline outlines the implementation procedures of the Special Program for Voluntary Disclosure (Special Program), which is eligible for taxpayers. Malaysia’s Tax Reform Committee is part of the…

E-Newsletter November 2018

Dear Valued Clients, Welcome to our E-Newsletter November 2018 We hope October is treating you well! From the recently announced smoking ban, heated digital tax debate to the anxiety over Budget 2019, Malaysians are greeted with a slew of uncertainties and challenges. Now, let us look at what is on the tap of Malaysia’s economy.…

Smoking Ban to Be Imposed at All Malaysian

Smoking Ban to Be Imposed at All Malaysian

Smoking Ban to Be Imposed at All Malaysian Eateries From 1 Jan 2019 Starting from 1 January next year, a smoking ban will be enforced at all Malaysian restaurants nationwide. This includes hawker stalls and coffee shops, covering air-conditioned and non-air-conditioned eateries, street stalls and open-air hawker centers. Malaysia’s Deputy Health Minister stated during a…