Starting from the 2025 assessment year, a 2% tax will apply to annual dividend income exceeding RM100,000.
The Malaysian government has introduced the Income Tax (Issuance of Electronic Invoice) Rules 2024, published on 30 September 2024, and effective from 1 October 2024.
In a major boost to Malaysia's financial landscape, the Forest City Special Financial Zone (FCSFZ) has officially been introduced, offering an exciting array of incentives for businesses and individuals.
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he government is preparing to reintroduce GST (Goods and Services Tax) in the 2025 Budget, with the mechanism and exemption list already finalized, ready for announcement.
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We’ll break down two major tax incentives offered by the Malaysian Investment Development Authority (MIDA): the Pioneer Status (PS) and the Investment Tax Allowance (ITA).
Effective October 1, 2024, the Social Security Organisation (Socso) in Malaysia will increase the insured salary ceiling from RM5,000 to RM6,000.
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The e-PCB Plus System simplifies processes and enhances the user experience by integrating multiple systems into one.
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Here are the key steps to apply for Pioneer Status (PS) and Investment Tax Allowance (ITA) tax incentives in Malaysia
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THE Inland Revenue Board (IRB) has openly come out that its main areas of focus in carrying out its enforcement activities will cover domestic transfer pricing, offshore accounts, high net worth individuals, digital economy, shadow economy, tax incentives and organisations
Are you a business owner in Malaysia wondering if you're eligible for the new reinvestment incentives under the New Industrial Master Plan 2030 (NIMP 2030)?
The e-PCB Plus System simplifies processes and enhances the user experience by integrating multiple systems into one.
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MIDA has issued the Guideline and Procedures for the application of incentive for reinvestment under the New Industrial Master Plan dated 30 July 2024
The Inland Revenue Board of Malaysia (IRBM) clarified in a letter dated 12 August 2024 that taxpayers must issue consolidated self-billed e-invoices for imports of goods or services by specific deadlines during the interim relaxation period
Manufacturing license is a legal premise for a company to conduct manufacturing activities in Malaysia under the provision of the Industrial Coordination Act (ICA) 1975.
MIDA has issued the Guideline and Procedures for the application of incentive for reinvestment under the New Industrial Master Plan dated 30 July 2024