May 18, 2025
Malaysia’s Personal Data Protection (Amendment) Act 2024 will come into effect on 1 June 2025, introducing new obligations for businesses operating in Malaysia. Non-compliance may result in fines up to RM1 million or imprisonment for up to three years. Key...
Apr 30, 2025
Environmental, Social, and Governance (ESG) factors are no longer optional — they are becoming a core part of how companies in Malaysia are assessed, regulated, and valued. With increasing investor scrutiny and regulatory mandates, ESG and sustainability reporting are...
Apr 27, 2025
The Act does not use the word “Service Charge” directly, but refers to “maintenance charges” (same meaning as service charge in practice). Interpretation under the Act: “sinking fund account”means an account required to be opened...
Apr 27, 2025
Outsourced accounting is a powerful tool for business growth, whether you are just starting out or already well-established. More businesses today are turning to outsourced accounting as an affordable and innovative solution to streamline their operations. However,...
Apr 20, 2025
Malaysia is one of Southeast Asia’s most business-friendly countries, offering a strategic location, skilled workforce, and cost-effective infrastructure. For foreigners looking to expand into or set up a company in Malaysia, understanding the legal, tax, and...
Apr 20, 2025
In Malaysia, employment agreements are generally required to be stamped under the Stamp Act 1949. Specifically, Item 22(1) of the First Schedule of the Act applies to service agreements, including employment contracts, that are for a definite period or for life or an...
