The Minister of Human Resources has appointed 1 September 2022 as the date on which the Employment (Amendment) Act 2022. The Employment (Amendment of First Schedule) gazetted on 15 August 2022 will also come into operation on the same day.…
Malaysia is one of the fastest and easiest places to incorporate a company in Asia, especially for foreign individuals or companies. It has the most cost-effective operations and has multilingual talented human resources. All company incorporation in Malaysia is under…
The new minimum wage of RM1,500 a month effective from 1st May 2022 was officially gazetted on 27th April 2022. The Minimum Wages Order 2022 issued can be downloaded from the official Ministry of Human Resources’ Minimum Wages Portal website.…
Before the Companies Act 2016 updates, you will be required to provide some statutory documents of your company for processing, regardless of whether you are opening a business bank account or applying for a grant Those required documents are usually…
A trademark is a form of intellectual property that identifies the source of a good or service. It helps customers and potential customers to readily identify the source of a product or service, and to avoid being swindled. In other…
The Ringgit is slipping further and further against mainstream currencies, and according to reliable sources, companies are known to spend approximately RM3,500 just on secretarial services every year. With such a huge sum spent annually and loads of hidden fee…
Nowadays, we often hear people talking about “cloud technology”. In this era, cloud technology has redefined the way we store and share information. It has opened up a whole new dimension to the Internet. Today, the cloud has become a…
Budget 2022 is more sensational than the iconic hand-shaking deal between the left and right-wing parties of the country. Announced on 29 October 2021 by Minister of Finance Tengku Zafrul Aziz, this most generous money allocation plan of the decade…
“Merely 4.7% of Malaysian businesses managed to survive for more than six months.” – Effects of Covid-19 on Companies and Business Firms’ survey conducted by the Department of Statistics in 2020 This alarming figure is a reminder to fellow…
If you own a business in Malaysia, you are required to comply with the Companies Act 2016 and other legislations. This propels the importance of company secretaries; they ascertain that your company fulfills the compliances; they are your go-to person…
In November 2020, the Companies Commission of Malaysia (SSM) BizTrust introduced SSM BizTrust to all online business entities for free. As the pandemic still feeds on the global economy, SSM BizTrust free registration was extended until 31st December 2021, aiming…
Getting a company name is like naming your first child. It has to be unique. It has to be easy to remember. Most importantly, choosing a suitable name paves the way to a smoother company incorporation process. Tips for…