E-Invoice Implementation and Exemption

The Government of Malaysia implement e-Invoice in stages in an effort to enhance the efficiency of Malaysia’s tax administration management. The e-Invoice will enable near real-time validation and storage of transactions, catering to Business-to-Business (B2B),...

New Audit Exemption Criteria For Private Companies

The Companies Commission of Malaysia (“CCM/SSM”) has introduced new audit exemption criteria for private companies. On 16 December 2024, the CCM/SSM issued a new Practice Directive No. 10/2024 “Qualifying Criteria For Audit Exemption For Certain Private...