By AZIZAM AZIZAN NAVIGATING THE PROCESS OF CHANGING COMPANY SECRETARY The Board of Directors has the authority to remove a Company Secretary from his or her position. The board of directors has the ability to appoint a company secretary, it also has the jurisdiction to remove the secretary. This can be accomplished through either a […]

By MALAYA CORPORATE THE POSITIVE SIDE OF GAINING KNOWLEDGE ABOUT TAX In the Companies Act 2016, the guidelines for distributing dividends can be found in section 131. This section is based on two fundamental principles: 1. Dividends must be paid using the company’s profits. 2. Dividends should not be paid if their payment would render […]

By AZIZAM AZIZAN UNLOCKING VALUE: NAVIGATING THE DECLAIRATION OF DIVIDEND IN CORPORATE PRACTICE In the Companies Act 2016, the guidelines for distributing dividends can be found in section 131. This section is based on two fundamental principles: 1. Dividends must be paid using the company’s profits. 2. Dividends should not be paid if their payment […]

By MALAYA CORPORATE THE IMPORTANT PROVISIONS OF INCOME TAX-RELATED ACTS RELATED TO PENALTIES The Malaysian revenue authorities have set clear objectives to uphold the country’s taxation policies and address common errors, such as late submission of tax returns. To tackle these issues, the government has enacted specific laws and penalties to discourage non-compliance. According to […]

THE MAIN ECONOMIC FACTORS THAT AFFECT THE BEHAVIOUR OF TAX COMPLIANCE The tax compliance behaviour of individual players is influenced by various factors. Economic factors become the most important segment that majorly influenced developing countries. The government of Malaysia want to maintain proper taxation policies to maintain their expenditures. According to Sritharan & Salawati, (2019), […]

By MALAYA CORPORATE THE IMPACT OF THE TAX PENALTY IN MALAYSIA Providing proper taxes to the government becomes the most important responsibility of individuals towards the government. The companies of Malaysia maintain professional accounting services to avoid tax-related penalties. Individuals can face various legal issues to miss the deadlines for tax payments. According to Tan […]

By MOHD AMIRUL RADZUAN TYPES OF TAXATION AND THEIR ASSOCIATED COSTS Theory of Taxation Taxation means the taxing authority or government imposes a tax on its business entities and citizens. Taxation applies to all levels from income tax to goods and services.  The taxation theory is defined as the relative differences in return rates before […]

EXEMPT PRIVATE COMPANY By AZIZAM AZIZAN The Basics of Private Exempt Companies In the realm of business and commerce, the concept of an Exempt Private Company (EPC) stands as a unique and strategic structure that extends distinct advantages to certain enterprises. Rooted in company law, the notion of an EPC revolves around a set of […]

REMOVAL OF DIRECTOR By AZIZAM AZIZAN A Pathway for Director Removal The Companies Act 2016 of Malaysia introduces provisions that govern the removal of directors from both private and public companies. This legal framework, encompassed in Section 206 of the Act, empowers companies to remove directors before the expiration of their term, presenting an avenue […]

Malaysia Digital Economy Corporation (MDEC) is launching a new program for digital professionals all over the world to stay in Malaysia and work remotely under De Rantau program. This program will allow foreigners in I.T field to apply for a long term stay Visa called Professional Visit Pass (Pas Lawatan Ikhtisas PLIK). This will allow […]