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Welcome To Our Latest Newsletter
Dear Valued Clients,
Welcome to our E-Newsletter December 2016
Merry Christmas and Happy Holiday!
We are glad to present you our newsletter for December. What’s new and exciting this month?
Ready to Support
In this issue of newsletter, we are glad to share with you that we are now one step further into our expansion quest by welcoming our new network member firm, Link-Pro CPA Limited who will represents us in the Hong Kong market.
Lawrence Chai, Partner of 3E Accounting, Invited Speaker for 15th Annual Malaysian Tax Conference
It was indeed a great honor for Lawrence to be invited as one the speakers for the 15th Annual Malaysian Tax Conference on the 7 th to 9 th November at Cititel Mid Valley. Not to mention, 3E Accounting was honored to become the exhibiting partner of the 15th Annual Malaysian Tax Conference and we are happy to be able to support the conference.
Office Closure on 26 December 2016 to 27 December 2016
We would like to inform that our office will be closed on 26 December 2016 (Monday) to 27 December 2016 (Tuesday) for a holiday replacement of Christmas. Please be informed that our partner, directors and staff will have no access to the emails on the said dates and all emails will be attended once we resume operations on the next working day.
Remember to call us if you require any assistance.
Otherwise, stay tune for any new update and interesting news from us.
Thank you.
Stephanie Chua
Managing Partner
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MIDA Strengthens Cooperation with Jetro
MIDA Strengthens Cooperation with Jetro 16 November 2016, Tokyo – The Malaysian Investment Development Authority (MIDA) and Japan External Trade Organisation (JETRO) signed a memorandum of cooperation (MoC) in the presence of both the Prime Minister of Malaysia, Dato’ Sri Najib Razak and the Prime Minister of Japan, His Excellency Shinzo Abe. The two leaders… Read More |
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Pay Your Tax on Time and Accurately
Pay Your Tax on Time and Accurately What will happen if our tax payment is not on time, inaccurate or maybe we did not pay the tax? Will it affect our daily life routine? As all of us noticed, without the aid of technology, the result of IRB tracking for those who didn’t pay their…
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Highlights of Malaysia Budget 2017 in Malaysia
On 21 October 2016, YAB Dato’ Sri Mohd Najib Bin Tun Haji Abdul Razak, Malaysia Prime Minister has tabled Budget 2017 themed “Ensuring Unity and Economic Growth, Inclusive Prudent Spending, Wellbeing of the Rakyat”. The following is the summary of Highlights of Malaysia Budget 2017 which were announced in Parliament.
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IRBM Public Ruling No. 7/2016
IRBM Public Ruling No. 7/2016 We are hereby informed that the Inland Revenue Board of Malaysia (IRBM) has, on 7 October 2016, issued Public Ruling (PR) No. 7/2016: Basis Period for Companies Under Liquidation. The objective of this PR is to explain the determination of the basis period for companies under liquidation.
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Application of Import Duty Exemption on Machinery & Equipment and Raw Materials & Components
Implementation of Online Submission for The Application of Import Duty Exemption on Machinery & Equipment and Raw Materials & Components All applications for import duty exemption which involve PC1, PC Services, PC2, PC2A, PC2-1, SPM1 and SPM2 need to be submitted online with effect from 1 November 2016. With effect from 1 November 2016, all…
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Registrants who fail to make GST payments within a prescribed period
Imposition of Compound on Registrants who fail to make GST payments within a prescribed period Registrants who still have outstanding tax in the year of 2015 will be given until 31 October 2016 to pay the outstanding amount. Failure to do so will be imposed a compound to the maximum amount of RM 20,000. Registrants… Read More |
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Goods and Services Tax (GST) Audit Framework
GOODS AND SERVICES TAX (GST) AUDIT FRAMEWORK The Royal Malaysian Customs Department (RMCD) has recently issued the GST Audit Framework which can be downloaded from its website at here. Need more insight information? Feel free to contact 3E Accounting for us to assist in getting yourself prepared and ready for the GST audit. Prevention is…
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RM88.4 Billion Worth of Investments Approved In 1H2016
RM88.4 Billion Worth of Investments Approved In 1H2016 The approved direct investments in the services, manufacturing and primary sectors in the first half of 2016 (1H2016), totalled RM88.4 billion compared with RM125.9 billion in the same period last year. The investments approved in 1H2016 were in 2,499 projects, and are expected to generate more than… Read More |
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Hire illegals and we will freeze assets, warns Immigration
Hire illegals and we will freeze assets, warns Immigration On 13 September 2016, DG says Immigration Dept will start using full provision of law to punish employers who flout law by hiring and protecting illegal foreign workers. Pointing to a provision under Section 56(1) of the Immigration Act, the department’s director-general Mustafar Ali said the… Read More |
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3E Accounting is a leading international accounting firm that provides truly one-stop solutions for businesses, committed in helping businesses in the areas of Company incorporation, nominee director, LLP setup, immigration, work pass application, stamp seal maker, accounting, tax, GST, secretarial, human resource, cloud based accounting software support, business advisory, and virtual office services.
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Currently, our network group has presence in 27 countries globally, with a total combined staff strength of more than 600 staffs and 38 offices across Asia, North and South America, Africa, Oceania and Europe. We are not just to support you locally in Singapore, but to support you for your business expansion in overseas as well when you are ready.
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