Dato’ Looi and Dawei’s Business Dispute: Why Every Business Needs a Shareholders’ Agreement The recent public business dispute involving Dato’ Looi and Dawei has attracted widespread attention across Malaysia and Singapore. While the full facts remain subject to the parties’…
Intangible Assets: Why They Are Becoming More Valuable Than Physical Assets The global economy is changing rapidly. In the past, businesses created value mainly through tangible assets such as land, buildings, machinery, vehicles, and inventory. Today, however, many successful companies…
Worried About Tax Evasion? Here’s How We Can Help Your Business Stay Compliant Tax compliance has become increasingly important for businesses in Singapore. Recent enforcement actions by the Inland Revenue Authority of Singapore (IRAS) demonstrate that tax authorities are actively…
Importance of WIP Accounting for Construction Companies in Singapore Construction projects often span across multiple accounting periods. Therefore, construction companies cannot simply record all income and expenses only when a project is completed. Instead, proper Work-in-Progress (WIP) accounting is necessary…
Construction Work-in-Progress (WIP) Accounting for Construction Companies in Singapore The construction industry operates differently from many other businesses. Since projects often span across months or even years, construction companies must carefully monitor project costs, progress billings, revenue recognition, and profitability…
Malaysia Economy Outlook 2026: Growth, Opportunities, and Challenges Ahead The Malaysia Economy Outlook 2026 remains broadly positive as the country continues to demonstrate resilience amid global economic uncertainties. Supported by strong domestic demand, stable inflation, recovering investments, and resilient exports,…
The Importance of Accountants in Choosing the Right Auditors for a Company Choosing the right auditor for a company is an important decision that can affect compliance, financial credibility, and business growth. While many businesses view audits as merely a…
Change of Auditor in Malaysia: Key Requirements and Procedures (2026 Guide) Changing an auditor in Malaysia is a regulated process governed by the Companies Commission of Malaysia (SSM) under the Companies Act 2016. Whether due to cost, service quality, or…
When Malaysian businesses make certain payments to non-resident individuals or companies, they may be required to deduct withholding tax (WHT) before making the payment. In other words, the payer must withhold a portion of the payment and remit it directly…
Corporate income tax is one of the primary taxes imposed on companies operating in Malaysia. Under the Income Tax Act 1967, companies are required to report their taxable income and pay tax on profits derived from their business activities. As…
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