All Malaysian businesses must maintain records according to Malaysian law. According to Section 82 of the Income Tax Act 1967, Malaysian businesses must keep proper records and provide receipts. Maintaining your files properly is essential no matter where you are in your career-whether you are just starting out or have years of experience. Organize and maintain your business accounts with the help of a professional accounting firm.
Every business owner must keep records, which can be challenging at times. Ensure that you keep accurate records of income, expenses, employees, tax documents, and accounts. Track your progress, save time and money, and gain peace of mind.
You will be able to accomplish the following by maintaining these records:
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