<strong>Sales & Service Tax (SST)</strong>
What is sales tax? Service tax are charged by registered manufacturers of taxable goods and on the importation of taxable goods into Malaysia. What is service tax? The rate for service tax is 6% for all taxable services. Services that are imported or exported are exempted from service tax. Which businesses must apply for sales […]
WHAT IS COMPANY REGISTRATION NUMBER?
WHAT IS COMPANY REGISTRATION NUMBER? Company Registration is a set of unique number that acts as an identification for a company. Company registration number is provided by the Company Commission of Malaysia widely known as Suruhanjaya Syarikat Malaysia (SSM) upon a successful incorporation of a company. FORMAT OF NEW COMPANY’S REGISTRATION NUMBER In October 2019, […]
<strong><u>WHAT IS DEPRECIATION?</u></strong>
The definition of an Accumulated Depreciation is the total depreciation for a fixed asset that has been charged to expense since that asset was acquired and made available for use. The intent behind doing so is to approximately match the revenue or other benefits generated by the asset to its cost over its useful life. […]