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…
Why start your business in Singapore? Many foreign investors including Malaysian investors see Singapore as the Launchpad to enter the ASEAN markets as well as to expand their business. Other than its fast-growing economy, Singapore has held on to its long-standing reputation to rank well in the region for the ease of doing business. Singapore’s…
Some Words You Can’t Use in Your New Company Name Unless Approved by Minister When considering your new company name, please be aware that there are some words that you can’t use in your new company name, unless with the approval from the Minister of Domestic Trade and Consumer Affairs or from the relevant government…
When Using SSM Online System, You Should Know These! The SSM is also known as The Companies Commission of Malaysia (SSM). It is a statutory body formed as a result of a merger between the Registrar of Companies (ROC) and the Registrar of Businesses (ROB) in Malaysia which regulates companies and businesses. Serving as an…