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Distributing dividends is a key way for a company to reward its shareholders for their investment and confidence. However, this process comes with an important administrative responsibility: the issuance of a Dividend Voucher. This document is more than just a simple receipt; it is a crucial piece of official documentation for both the company and […]
In a major step to strengthen corporate integrity in Malaysia, the Malaysian Anti-Corruption Commission (MACC) has begun to actively enforce Section 17A of the MACC Act 2009. This provision on Corporate Liability places a significant new responsibility on the shoulders of company directors and senior management. Under this law, a commercial organisation can be prosecuted […]
With the nationwide implementation of e-invoicing, many individuals and businesses are asking how this new system affects donations and contributions to charities and other organisations. Do you need an e-invoice for a donation? Is the charity required to issue one? The answer, according to the latest LHDN guidelines, is: it depends entirely on whether the […]
In a major move to enhance corporate transparency and align with global anti-money laundering standards, the Companies Commission of Malaysia (SSM) has announced the upcoming launch of a mandatory digital Beneficial Ownership (BO) reporting system. The new electronic platform, expected to be rolled out in phases starting Q4 2025, will require all registered companies to […]