Income Tax (Exemption) (No. 5) 2016 (Amendment) Order 2023
The purpose of the Income Tax (Exemption) (No. 5) 2016 (Amendment) Order 2023 [P.U. (A) 345, gazetted on 09/11/2023], is to extend the expiration date of a particular provision within the original order [Income Tax (Exemption) (No. 5) Order 2016 [P.U. (A) 158/2016]]. Specifically, the amendment changes the expiry date in subparagraph 6(4) from “31 […]
Income Tax (Exemption) (No. 4) 2016 (Amendment) Order 2023
The purpose of the Income Tax (Exemption) (No. 4) 2016 (Amendment) Order 2023 [P.U. (A) 344, gazetted on 09/11/2023], is to extend the expiration date of a particular provision within the original order. Specifically, the amendment changes the expiry date from “31 December 2022” to “31 December 2024” in subparagraph 6(4) of the Income Tax […]
Petroleum (Income Tax) (Exemption) Order 2023
Petroleum (Income Tax) (Exemption) Order 2023 [P.U. (A) 337, gazetted on 07/11/2023] grants tax exemptions to PC JDA Limited, Hess Oil Company of Thailand (JDA) Limited, Hess Oil Company of Thailand Limited Company, and PTTEP International Limited for income derived from the Malaysia-Thailand Joint Development Area. The exemption is effective from the year 2024 and […]
Customs Duties (Exemption)(Amendment) (No. 4) Order 2023
Federal Government Gazette published the Customs Duties (Exemption) (Amendment) Order 2023 [P.U. (A) 333] on 02/11/2023. This Order comes into operation on 1 December 2023. The order includes changes to the list of goods and individuals exempted from customs duties, such as aerospace maintenance, repair, and overhaul companies, as well as federal or state officials […]
Excise Duties (Exemption) (Amendment) Order 2023
The government gazette announces an amendment to the Excise Duties (Exemption) Order 2017, which grants exemptions to federal or state officials who have completed official service abroad or in Labuan or Langkawi. These exemptions allow them to import motor vehicles or motorcycles under specific conditions. The amendment will be effective from 1 December 2023. The […]
Sales Tax (Persons Exempted from Payment of Tax) (Amendment) (No. 2) 2023
The Sales Tax (Persons Exempted from Payment of Tax) (Amendment) (No. 2) Order 2023 [P.U. (A) 332, gazetted on 02/11/2023] introduced the following changes: These changes reflect the government’s adjustments to the exemptions from sales tax under the Sales Tax Act 2018. 1
Income Tax (Determination of Knowledge Worker and Qualifying Activity in the East Coast Economic Region) Rules 2023
The Income Tax (Determination of Knowledge Worker and Qualifying Activity in the East Coast Economic Region) Rules 2023 [P.U. (A) 330, gazetted on 01/11/2023], establish the qualifications and conditions for individuals to be considered qualifying persons for tax purposes in the East Coast Economic Region. It covers criteria for knowledge workers, designated companies, and the […]
Franchise (Forms and Fees) Regulations 1999
Franchise (Forms and Fees) Regulations 1999 [P.U. (A) 422/1999] provides information on franchise business regulations in Malaysia, including registration forms, procedures, fees, and reporting requirements. It also includes details on franchise outlets, employees, contracts, and annual sales. Additionally, it outlines the registration process for franchise brokers. In Malaysia, the reporting requirements for annual franchise business […]
Customs (Amendment) (No. 3) Regulations 2023
Customs (Amendment) (No. 3) Regulations 2023 [P.U. (A) 323, gazetted on 25/10/2023], pertain to amendments made to the Second Schedule of the Customs Regulations 2019, specifically concerning the customs port for Johor. The effective date for these regulations is 1 November 2023. The specific changes made to the Second Schedule of the Customs Regulations 2019 […]
Customs (Amendment) (No. 2) Regulations 2023
The Customs (Amendment) (No. 2) Regulations 2023 [P.U. (A) 305， gazetted on 10/10/2023], amendments to the existing Customs Regulations 2019 are introduced. These amendments primarily involve modifications to Pulau Pinang’s customs ports and alterations to the description of goods and legal landing places. The effective date for these regulations is 11 October 2023. The specific […]
