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Legal and Tax Updates

Malaysia Tax Alert: Proposed Amendments to the Income Tax Act 1967 and…

On 26 March 2024, the Income Tax (Amendment) Bill 2024 and Labuan Business Activity Tax (Amendment) Bill 2024 (collectively, “Bills”) …
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Legal and Tax Updates

Malaysia: Updates to the Beneficial Ownership Reporting Framework

*Our previous article on the updates introduced by the Companies (Amendment) Act 2024 is accessible here. As of 1 April …
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Legal and Tax Updates

Malaysia: Keeping up with Growing Cyber Threats and Intrusions – Malaysia’s Cyber…

On 27 March 2024, the Cyber Security Bill 2024 (“Bill”) was passed by the Dewan Rakyat. Malaysia does not currently …
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Legal and Tax Updates

Malaysia: Companies (Amendment) Act 2024

The Companies (Amendment) Act 2024 (“CA 2024”) has been gazetted on 2 February 2024 after receiving royal assent but is …
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Legal and Tax Updates

Malaysia: Relaxation of Regulatory and Operational Requirements for Labuan International Commodity Trading…

The Labuan Financial Services Authority (“LFSA”) issued a circular on 22 November 2022, announcing an extension of regulatory reliefs for …
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Legal and Tax Updates

Malaysia Launches National Energy Transition Roadmap Phase 1 to Facilitate Green Economy…

On 27 July 2023, Part 1 of the National Energy Transition Roadmap (“NETR”) was released by the Ministry of Economy of Malaysia,…
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