Frequently Asked Questions (FAQ) on The Companies Act 2016
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ANNOUNCEMENT ON THE ENFORCEMENT DATE OF COMPANIES ACT 2016
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8 THOUGHTS ON “COMPANIES ACT 2016: EFFECTIVE 31 JANUARY 2017”
- Introduction of single member/director company
- Change of “certificate of registration” to “notice of registration”
- Abolition of the authorized capital concept
- Abolition of concept of shares with nominal value
- Companies are no longer required to have constitution or memorandum & articles of association
- Companies are not required to have a common seal
- Abolition of the requirement for annual general meeting for private companies
- Decoupling of lodgement of Annual Return and Financial Statements
Update of outlet / branch address through Tax Payer Access Point (TAP)
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Please be informed that all taxpayers who have any outlet or branch are required to update their outlet / branch address through TAP (Tax Payer Access Point) IMMEDIATELY.
Click HERE for more information.
Source: RMCD
The 2017 Budget Speech & Touchpoints
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The 2017 Budget Speech was delivered by YAB Dato' Sri Mohd Najib Bin Tun Haji Abdul Razak, Prime Minister and Minister of Finance, at 4pm on 21 October 2016 Friday in the Dewan Rakyat.
"Ensuring Unity and Economic Growth, Inclusive Prudent Spending, Wellbeing of the Rakyat"
Please click HERE to download TouchPoints 2017 Budget or click HERE to download full Budget 2017 Speech Text.
Source: IRBM
Inland Revenue Board of Malaysia (IRBM) Advisory on Scam & Fraudulent Activities
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BEWARE OF SCAM E-MAIL REGARDING TAX REFUND!
Inland Revenue Board of Malaysia (IRBM) would like to remind members of the public on the scam e-mailing regarding tax refunds. IRBM DID NOT SEND any of e-mail to its taxpayers. Members of the public are reminded to ignore any of such e-mail and to refrain from giving personal information to anyone under any circumstances.
Click HERE to see a sample of scam e-mail. For more infomation, please visit www.hasil.gov.my or call 1800-88-5436. Alternatively, taxpayers may visit any of IRBMs branch.
Source: IRBM
