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Introduction to Withholding Tax 17 Jun 2011 | 12:30 pm

Introduction to Withholding Tax As the name goes, Withholding tax means an amount, representing the tax portion of an income of a non-resident recipient, withheld by the payer in Malaysia, and paid d...

Recommended Audit Fee in Malaysia 8 Jun 2011 | 10:14 pm

Recommended Audit Fee in Malaysia The Malaysian Institute of Accountants (“MIA”), had in 2010, issued a Recommended Practice Guide 7 (Revised) on the charging of audit fees.  This is a replacement to...

Offshore Company – Legal Benefits 6 Jun 2011 | 02:15 am

This article is for general informational purposes only. It must not be used as a consideration for decision making purposes due to specific nature of different businesses. We recommend that you conta...

Offshore Company – Legal Benefits 5 Jun 2011 | 10:15 pm

This article is merely to assist the readers to understand a little bit more about the legal aspects of an offshore company, especially their benefits: Assets protection, Protection from lawsuits, Pri...

Malaysia’s Budget 2011 20 Oct 2010 | 10:56 am

Following KLM’s extremely popular article, Malaysia’s Budget 2010, we’re bringing you new highlights of Malaysia’s 2011 Budget this year. For the year 2011, there are some notable changes that the Ra...

Property Investment via Company Ownership 19 Oct 2010 | 01:55 am

With the recent trend in rising property prices, many people have started investing in properties, mainly residential, for rental and/or capital appreciation. Property investments were previously acce...

Accounting standards for financial instruments 10 Mar 2010 | 06:45 pm

Accounting standards for financial instruments This accounting standard is by far the most contentious, complicated and still in the process of updating and change, among all the other standards. As...

Goods & Services Tax (GST) in Malaysia, 2010 2 Feb 2010 | 04:36 pm

Goods and Services Tax in Malaysia At the end of 2009, Malaysia’s prime minister Datuk Seri Najib Tun Razak announced that a bill on the proposed introduction of Goods and Services Tax (“GST”) will b...

Real Property Gains Tax (RPGT) in Malaysia 4 Dec 2009 | 11:53 pm

Recently, Malaysia’s Budget 2010 has created quite a bit of negative reactions within the public, especially the property people.  What has caused this reaction? Prior to 1 April 2007, Real Property ...

Corporate Governance – Nominating and Remuneration Committee 4 Dec 2009 | 10:27 pm

Corporate Governance – Committees Nominating Committee The nominating committee is responsible to identify, nominate and orientate new directors, both executive and non-executive. The main reason fo...

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