What Do You Need to Know About Malaysia's Tax Laws?

Описание: Discover the essentials of Malaysian tax laws for expatriates and hiring managers in our latest guide. Malaysia, one of Asia’s largest business hubs, boasts the third-largest economy in Southeast Asia, making it a prime destination for expanding businesses. However, understanding the country’s tax regulations is crucial for mobilizing staff effectively.

In this video, we delve into:

Malaysia's territorial taxation principle and its implications
Exceptions to the territorial tax system, including Double Taxation Agreements
Criteria for determining tax residency status
Monthly Tax Deduction (PCB) requirements
Filing tax returns and the importance of timely submissions
Obtaining a tax file number and the process for tax clearance

00:00 Introduction
00:34 Malaysia's Taxation Principle
00:55 Double Taxation Agreements
01:11 Worldwide Basis for Taxation
01:23 Tax Regime Exemption
01:37 Determining Tax Residency Status
02:09 Monthly Tax Reduction
02:25 Tax Returns in Malaysia
03:10 Tax File Number
03:26 Tax Clearance
03:40 To find more information

Thinking of moving to Malaysia? Learn about Malaysian Employment Passes here:    • What is an Employment Pass and How Can Exp...  

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