Service Sector Remain 6% from GST into SST in Malaysia However, room tariffs may not increase after the new policy is deployed from September 1, 2018. As far as the service sector is concerned, the deployment of SST (Sales and Services Tax) starting from September 1, 2018, may not result in much of a price…
SST Malaysia to Impose 5-10% Tax on Goods and 6% on Services Saturday, September 1 will be a landmark day for Malaysia as a new tax policy comes into effect. Under the latest tax policy SST Malaysia, a tax will be imposed on the range of 5-10 percent on the sale of goods. Plus, a…
Start a Small Business in Malaysia As a Foreigner A vibrant and bustling commercial hub in the heart of Asia, foreigners will find starting a small business in Malaysia an irresistible allure because of the vast potential that the country holds. A robust and bustling commercial environment, Malaysia has established itself as a centre of…
Company Registration in Malaysia – For Foreigner It is a known fact that Malaysia welcomes foreign investments. This is why the process of company registration in Malaysia for foreigner citizens has been made easier. The strategic location, robust investment climate as well as the low operating costs are also among the reasons that attract foreign…
15 Items Exempted from Sales and Services Tax (SST) With the upcoming Sales and Services Tax (SST) fast approaching, the question on everyone’s mind is going to be which items are going to be SST exempted items? Are some of your regular favorites or necessities going to be affected by this upcoming change? Let’s find…
Malaysia SST Custom Beginning from 1 September 2018, the Sales and Service Tax Malaysia, also known as SST Malaysia administered by the Royal Malaysian Customs Department (RMCD) will come into effect. The SST system is replacing the previous Goods and Services Tax (GST) which was implemented at a 6% rate in Malaysia. The SST system…
Dear Valued Clients, Welcome to our E-Newsletter August 2018 Hope this email finds you well! What does 2018 mean to Malaysia? While many people may suggest a lot of things that happened (and is happening) in Malaysia, the political shift stands out as one of the remarkable events in 2018. The shocking verdict of election…
With the Sales Tax Looming, Is Malaysia’s Budget Goals Still Possible? It Is, But Experts Warn That There Will Still Be Challenges What is the future looking like for Malaysia with the Sales and Services Tax (SST) on the horizon? While the government may be unlikely to miss its targeted deficit cuts, removing the…
Alibaba’s Investments in Malaysia Continues The political power shift in the country did not spell an end to Alibaba’s investment in Malaysia. Despite the review of Malaysia-China mega projects, Alibaba’s founder Jack Ma has recently confirmed that Alibaba will continue its investments in Malaysia without disruptions. In 2017, Alibaba has inked a memorandum of understanding…
Transitioning from GST to SST in Malaysia Tax Changes are Coming to Malaysia There’s going to be a change of tax in Malaysia come 1 st September 2018. The new tax which is going to be introduced is known as the Sales and Services Tax (SST), and the SST is set to replace the…