Why Choose Malaysia VS Thailand Business Environment in Thailand Thailand is the second largest economy in Southeast Asia, after Indonesia. However, it is only ranked fourth in the region, after Singapore, Brunei and Malaysia. How with Malaysia VS Thailand, the country enjoys a gross domestic rate (GDP) growth of about 4 – 5 per…
Financing Options for Business Start-ups in Malaysia Entrepreneurs looking to start their first business venture in Malaysia will be pleased to know that there are several financing schemes available. The schemes listed below are supplied by several different agencies, and entrepreneurs will need to conduct their own research into sourcing which option would be best…
How to 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…
Company Registration in Malaysia – For Foreigner It is a known fact that Malaysia welcomes foreign investments. The strategic location, robust investment climate as well as the low operating costs is among the reasons that attract foreign investors. In Malaysia, a foreigner can setup a corporation with 100% foreign ownership. The Company Registration Process…
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…
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…
No More RM 50 Minimum Voluntarily Contribution Amount for EPF Savings While Malaysians start to realize the importance of retirement planning and the benefits of early retirement savings, the Employees Provident Fund (EPF) has come up with good news by scrapping the minimum RM 50 contribution amount for voluntary contribution. A Closer Look at…
What You Need to Know About Registering a Sdn Bhd Company in Malaysia Planning to start your very own business in Malaysia? Then this how to register a Sdn Bhd company in Malaysia guide is exactly what you are going to need as you get started on incorporating your very first company in Malaysia. …
Malaysia’s GST vs SST – Knowing the Difference The Sales Tax in Malaysia was a federal consumption tax that was introduced and implemented on a wide variety of goods and governed by the Sales Tax Act 1972. The Service Tax was governed by the Service Tax Act 1975, and this was also a federal consumption…