Private Limited Company – What You Need To Know What Makes a Company “Private” and “Limited”? A private limited company (PLC) is a business entity that is, as the name implies, privately held. Private limited companies usually consist of small and medium businesses. The owner of such an entity would limit his or her…
Trademark Regulations in Malaysia Trademarks in Malaysia are regulated by the Trade Marks Act 1976 and the Trade Marks Regulations 1997. Under this regulation, a person, whether an individual, corporation or a business, who has declared themselves as a proprietor may apply for the registration of a trademark. Why Register for Trademark in Malaysia?…
Things You Need to Know About Registering Company in Malaysia What does it take for an investor to register a company in Malaysia? Whether you’re a foreign investor or a local investor, registering a company in Malaysia would have requirements that need to be met and documents that need to be submitted before you can…
Understanding the Role of a Company Secretary in the Business Environment A company secretary is not a necessity for a private limited company, although there are some companies that choose to appoint a company secretary to assist the company director in some of the business responsibilities that need to be carried out. Before forming a…
Company Names and How to Use Them So, you’ve thought about starting a new business and you would like to get your company registered. The first thing you would need to do is to familiarise yourself with company names and select one of your own. Company names are not merely as easy as picking a…
How Does Monthly Tax Deduction (MTD/PCB) Work In Malaysia? Monthly Tax Deduction (MTD or PCB, Potongan Cukai Bulanan) was introduced in January 1995, is a system of tax recovery where employers make deductions from their employees’ remuneration every month in accordance with the PCB deduction schedule. This is mandatory, in that neither the employer nor…
Malaysia – a leading investment hub in Asia KUALA LUMPUR: Last year alone, Malaysia signed a total 14 agreements with China totalling close to RM144 billion ranging from property development, steel manufacturing and technology. According to Malaysian Prime Minister, Datuk Seri Najib Abdul Razak, the economic trade between the two nations had grown tremendously and…
Unfair Dismissal of Employee or Termination of Employment in Malaysia The concept of “unfair dismissal” or “unlawful termination” is not new in Malaysia. Over the years, there has been a heightened awareness about employee rights in Malaysia. Nevertheless, there are many misconceptions that have not been corrected. Here are a few things about unfair dismissal…