by KS Lee | Jun 21, 2016 | Updates
Please be informed that effective 1 Jun, 2016, The Employees’ Social Security Act, 1969 has been amended as below:- The ceiling of wage for contribution payment has been raised from RM3,000.00 per month to RM4,000.00 per month; (Kindly refer the new contribution table...
by KS Lee | Jun 21, 2016 | Updates
EXTRACT OF SSM NOTICE FOR COMPANY ANNUAL GENERAL MEETING In accordance to the requirement under section 143(1) Companies Act 1965, Sir/Madam has to hold your company Annual General Meeting (AGM) before the due date (kindly refer to our annual reminder letter)....
by KS Lee | Feb 17, 2016 | Updates
In the presentation of the revision of Budget 2016, Prime Minister had announced a reduction of employees’ monthly statutory contribution rate for Employees Provident Fund (EPF) “from 11% to 8% for members below age 60” and “from 5.5% to 4% for those age...
by KS Lee | Feb 17, 2016 | Updates
We refer to the above and wish to inform that pursuant to subsection 83 (1), Income Tax Act, 1967, every employer is responsible to complete and file Form E to Lembaga Hasil Dalam Negeri Malaysia (LHDNM) not later than 31st March 2016. Penalties ranging from RM200 to...
by KS Lee | Nov 27, 2015 | Updates
NOTICE FROM SSM – SSM WILL QUERY AND REFUSE TO REGISTER ALL THE SUBMISSION OF STATUTORY DOCUMENTS FROM BLACKLISTED INDIVIDUALS WHO FAIL TO SETTLE SSM COMPOUNDS. Referring to SSM notice that we received on 19th November 2015, please find below the translation in...
by KS Lee | Oct 5, 2015 | Updates
GST is implemented in Malaysia since 1st April 2015. There are Hidden Champions which do not require to be registered for GST because their “Taxable Turnover” (for definition: please refer to page 6 in this PDF) are lower than the “prescribed threshold of...