MIDA’s Launched I-Services Portal The Malaysian Investment Development Authority (MIDA) recently launched their i-Services Portal, connecting local service provides with potential clients both locally and abroad. MIDA’s new i-Services portal, accessible MIDA’s website, acts as a business platform link with three primary objectives: To help facilitate the linkage programmes run by MIDA and other agencies.…
Public Holidays in Sabah for 2019 Dates of the Sabah Public Holiday 2019 In 2019, there will be 23 public holiday dates and 53 weeks in 2019 to take note: Note: Any holidays that fall on a Sunday will be replaced the following Monday. Click here for more information from sabah.gov.my original release…
Public Holidays in Sarawak for 2019 Dates of the Sarawak Public Holiday 2019 In 2019, there will be 23 public holiday dates and 53 weeks in 2019 to take note: Note: Any holidays that fall on a Sunday will be replaced the following Monday. Click here for more information from sarawak.gov.my original release…
Public Holidays in Terengganu for 2019 Dates of the Terengganu Public Holiday 2019 In 2019, there will be 20 public holiday dates and 53 weeks in 2019 to take note: Note: Any holidays that fall on a Sunday will be replaced the following Monday. Click here for more information from terengganu.gov.my original release…
Public Holidays in Selangor for 2019 Dates of the Selangor Public Holiday 2019 In 2019, there will be 22 public holiday dates and 53 weeks in 2019 to take note: Note: Any holidays that fall on a Sunday will be replaced the following Monday. Click here for more information from selangor.gov.my original release…
Singapore Income Will Not Be Taxed – The Statement of Inland Revenue Board of Malaysia The Inland Revenue Board of Malaysia (Lembaga Hasil Dalam Negeri Malaysia or LHDN) released a statement addressing the confusion over the revenue received from Singapore and the basis of determining resident status for purposes of imposition income tax. Generally taxable…
Know All Public Holidays in Malaysia 2019 for Managing Staffing and Business Do you run a business in Malaysia? If you’re an employer, then keeping tabs on the upcoming public holidays in Malaysia is essential to managing staffing and business expectations. Knowing the upcoming public holidays in Malaysia will give you a heads up so…
Improved Exports Helps Malaysia’s Economy Gather Momentum in Q4 Malaysia’s economy grew at a much faster rate during the final quarter of last year. Its resilient exports were largely responsible for helping to promote growth despite the global slowdown from the US-China trade war. The country’s central bank – Bank Negara Malaysia- is expecting the…
The Procedure for the Filing of Income Tax Return Forms Based on Unaudited Accounts As of 4 August 2017, Malaysia’s SSM (Suruhanjaya Syarikat Malaysia) has issued Practice Directive No. 3/2017. This directive was named Qualifying Criteria for Audit Exemption for Certain Categories of Private Companies. Under this directive, dormant companies, threshold-qualified companies and zero-revenue companies…
MACC Launches Guidelines on Adequate Procedures The new Guidelines on Adequate Procedures will take effect from 1 June 2020, and is expected to prepare commercial organisations for the future. The guidelines were issued pursuant to subsection (5) of Section 17A of the Malaysian Anti-Corruption Commission Act 2009 (Act 694) (MACC Act 2009). This was stated…