Malaysia’s Budget 2024: Impact for Business
Malaysia’s government tabled its 2024 budget in mid-October in what was slated as the largest in the nation’s history.
Malaysia’s New Transfer Pricing & APA Rules
Malaysia has announced two new rules governing transfer pricing norms in the country. Multinational entities should take note.
Laos Enhancing Cross Border Railway Connectivity with Malaysia, China
Malaysia and Laos aim to enhance cross-railway cooperation to improve trade through a Memorandum of Collaboration.
Boosting Share Market Liquidity: Decreased Stamp Duty on Bursa Malaysia Trades
Malaysia has reduced the stamp duty rate for shares traded on Bursa Malaysia from 0.15 percent to 0.1 percent.
Minimum Wage for Micro Enterprises in Malaysia Comes into Force
Since July 1, 2023, the minimum wage for micro-enterprises in Malaysia has come into force having been previously deferred since 2022.
Audit and Compliance in Malaysia: A Guide for Foreign Investors
All companies incorporated in Malaysia must have their accounts audited by a Ministry of Finance approved auditor as mandated by the Companies Act of 2016.
Malaysia’s Premium Visa Program Aimed at Attracting Wealthy Investors
Malaysia’s Premium Visa Program offers up to 20 years of residence and investment opportunities, including being able to buy real estate.
New Requirements for Hiring a Foreign Employee in Malaysia
Employers must now seek prior approval from the country’s Director General of Labor.
UK Joins the CPTPP: Opportunities for British Investors in Malaysia
The UK joining the CPTPP trade bloc presents opportunities for British companies to invest in Malaysia.
Employment Permits in Malaysia
Malaysia provides several types of employment permits for foreign workers. We discuss these options in this article.