Malaysia e-Invoice Update: Exemption Threshold Increased to RM3 Million

The Inland Revenue Board of Malaysia (IRBM/LHDN) has introduced an important update to Malaysia’s e-Invoice implementation framework. Following the increase of the e-Invoice exemption threshold from RM1 million to RM3 million, taxpayers with annual turnover or revenue...

Personal Data Protection (Amendment) Act 2024

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...

SSM Introduces Four Initiatives To Strengthen Business Ecosystem

The Companies Commission of Malaysia (SSM) has unveiled new initiatives aimed at strengthening the nation’s business ecosystem and enhancing corporate compliance standards. 1. Launch of SSM’s e-advertisement service under Section 76A of the Limited Liability...