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Malaysia’s business-friendly environment attracts entrepreneurs and investors from all around the world. Conducting any type of business in Malaysia requires a registered legal entity. Registration must be completed within 30 days of starting operations, as conducting business without a legal entity is punishable by law. The Companies Commission of Malaysia or the Suruhanjaya Syarikat Malaysia…
Considering the Present and Future of Remote Work in Malaysia The proverbial rat race is no longer a reality of the 21st-century workplace. Pivotal new norms and technology are rewriting how we work. Having the flexibility to tailor a work-life balance is a powerful empowerment tool. This places the spotlight squarely on the future of…
The Fundamentals of Producing a Post-COVID Business Plan in Malaysia Research suggests that as the world moves forward, the commercial arena will be facing changes and challenges. In terms of businesses, those who survive may choose to return to a pre-pandemic way of doing things. Others may embrace the opportunity and employ pivotal strategies that…
An Insight on Prohibited and Restricted Businesses in Malaysia Malaysia is the land of opportunity with a dynamic manufacturing and services sector. The Government is also keen to transform the country into a digital-first economy via the MyDIGITAL initiative. These, and more, make Malaysia highly attractive to both local and foreign investors alike. However, entrepreneurs…
An Entrepreneur’s Checklist on Malaysia Immigration Options Starting a business is challenging, and it can be even more taxing in a new country. Visas and immigration concerns consistently rank high in any non-native entrepreneur’s to-do list. The good news is that most governments streamline the process to attract foreign investment. A great example of this…
All You Need to Know About the Golden Visa in Malaysia Malaysia is an attractive and lucrative trade hub that draws substantial foreign investment. Its ideal location, low cost of living and well-developed infrastructure make it idyllic for businesses and start-ups. Many foreigners call Malaysia home, and an easy way to do so is with…
What is HRDF? The Human Resources Development Fund (HRDF) was established under the legal requirements of the Human Resources Development Act 1992 ( currently known as Pembangunan Sumber Manusia Berhad Act 2001(PSMB)). The PSMB Act, 2001 is to provide for the imposition and collection of a human resources development levy for the purpose of promoting…
Studying the Basics of Income Exempt From Tax in Malaysia In every country, the government and regulators are collecting some form of financial charge called tax from taxpayers, including businesses. Why? Such funds are channelled to government spending and different public expenditures to keep the country running and progressing. However, as a business, you would…