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Welcome To Our Latest Newsletter
Dear Valued Clients,
Its another month again and we are eager to update you with the latest developments in our firm. We are glad to present you our newsletter for the month.
August has been another eventful month for us yet again. We are striving steadily forward in our expansion exercise across the globe. Our steadfast hard work has seen healthy yield with the addition of new professional members firms in Sri Lanka, Japan, Bhutan and Brazil. With the addition of these new professional and dynamic members, our group are now capable of supporting 21 countries and providing the required compliance and advisory services to our clients. Any expansion plan outside their motherland by our clients will be met and done in a breeze.
The first step with the correct partner is always the most important criteria when expanding or venturing into a new foreign jurisdiction. Partnering 3E Accounting in your expansion quest will be the best choice for you. We will take care of all your compliance requirement leaving you with with ample resources and energy to concentrate on your business.
We do not stop here. We are still actively seeking and venturing in all new possible way and area in order to bring the best to you. Stay tune with us for more good news to come.
Thank you.
Stephanie Chua
Managing Partner
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Notification on GST 03 Return Amendment
Notification on GST 03 return amendment In accordance with Regulation 69 of the GST Regulation 2014, with effect from 23 August 2016, rules on return amendments are as follows: 1) there is no limit on return amendments until due date of submission of return. 2) amendments are allowed once within 30 days (for monthly taxable… Read More |
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GST changes for Disbursement and Reimbursement
GST changes for Disbursement and Reimbursement The RMCD has issued the amendment to Decision by Director General No. 5/2015 in relation to disbursement and reimbursement. The above-mentioned document can be downloaded from the RMCD’s website here Read More |
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Tax Clearance Letter (SPC) Application for Companies, LLP and Labuan Entities
Tax Clearance Letter (SPC) Application for Companies, LLP and Labuan Entities This guideline specifies the method of Tax Clearance Letter (SPC) application for corporate taxpayers, LLP and Labuan entities (Labuan companies & Labuan LLP). Read More |
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MASB issues amendments to Share-based Payment Standards
MASB issues amendments to Share-based Payment Standards The Malaysian Accounting Standards Board (MASB) has today issued amendments to MFRS 2 Share-based Payment with regards to classification and measurement of share-based payment transactions (the Amendments). The Amendments is word-for-word the Amendments to IFRS 2 issued by the International Accounting Standards Board (IASB). The Amendments… Read More |
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Overview of Malaysia New Companies ACT 2016
Overview of Malaysia New Companies ACT 2016 The new Companies Bill 2015 (“Bill”), which will replace the current Companies Act 1965 (“Act”) as a whole and is expected to be gazzetted tentatively by end of August 2016 and its implementation shall commence as early as January 2017 Read More
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Accounting Software Enhancement Towards GST Compliance
Accounting Software Enhancement Towards GST Compliance (Revised as at 01 August 2016) On 1st August 2016, 3 tax codes (ES-GU, OS-OVN, OSOVT) were removed and one more new tax code (NP) is added, therefore now we have 37 GST tax codes in total. Tax Code: NP – This tax code is applicable for matters to… Read More
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