What Business Licenses Do Education Centres in Malaysia Need?
📚 Do you know that some of the tuition centres in Malaysia are actually illegal? One of the main reason is the institution is NOT accredited and licensed. Malaysia law actually requires all private education institute to be registered with the Education Ministry of Malaysia (MOE). As you can imagine, similar to other application processes […]
Starting a Franchise Business in Malaysia
You will come to realise that there are actually A LOT of franchise businesses in Malaysia – from fast food chains, petrol stations, convenience stores, pet stores, beauty parlours and so on. Why? Because starting a franchise is a convenient alternative to starting a business from scratch. There is less risk as the business owner […]
Budget 2022 Highlights About Personal Taxes
All eyes on Budget 2022! 💰 With the country moving into post-pandemic economic recovery mode, the RM332.1 billion unveiled last Friday is the nation’s largest budget. But what does it mean for the people? How will we be affected or benefit from it? 🤔 Well, Budget 2022 seems to show the government’s commitment to adopt […]
How to Apply for An ICT License in Malaysia
Are you thinking about setting up a company in the ICT industry in Malaysia? Well, have you heard of MSC Malaysia? 📡 It’s Malaysia’s national ICT initiative designed to attract world-class technology companies while grooming the local ICT industry. 🧑🏻💻 You can get a head start in the digital industry by applying for an ICT […]
Can a Dependant Pass Holder Start a Business in Malaysia?
Did you know that foreigners who are in Malaysia for employment or studies are allowed to bring their family members with along via the Malaysian Dependent Pass. Not just that, the Malaysian Immigration Department allows spouses on a Dependent Pass to get a job locally after obtaining an endorsement in their passport 📝 But what […]
5 steps to Start an Online Business in Malaysia
💻 The future of commerce is here and it’s definitely here to stay. If you are thinking about starting an online business, go for it but make sure to take note of the 5 simple steps which we have highlighted below 📝 If you have any questions or need professional assistance, feel free to reach […]
Company Resolutions in Malaysia│Why Is It Important
While the Board of Directors make important business decisions and approve actions for the company, it’s important to take note of everything and have a written document or statement – which is what we refer to as resolutions 📝 Company resolutions are not just for recording purposes during a board meeting, but it will help […]
Core Duties of a Company Secretary in Malaysia
Most of our clients agree that a company secretary is arguably the backbone of the company – responsible for all administrative tasks as well as statutory and regulatory compliance-related matters 📑 If you still have any doubt on the importance of appointing a company secretary, know this – in Malaysia, it’s actually a legal requirement […]
The Advantages & Disadvantages of a Partnership
What’s the most common and simplest business entity in Malaysia? Partnership! You can easily go into business with another person without the perceived formality of a limited company 👍🏻 Not just that, a partnership is also great for financing, expertise, and shared responsibility 👎🏻 BUT, don’t forget about the disadvantages like partner liability and conflicts […]
Changing the Name of a Malaysian Company
What happens when your company name is no longer suitable for your latest venture or new target audience? 🤔 You can actually CHANGE IT! Check out the pros and cons, procedure and some important tips to get you started. Why Should a Company Change Its Name? A change of management and shareholders The Company product […]