Author: Farah Bahudin

Malaysian companies are required to comply with the approved accounting standards, and have true and fair financial statements to represent the financial status of the company.

In Malaysia, every company (Sdn. Bhd.) is required have their accounts audited by an approved company auditors every year regardless of the size of the business, and to submit their audited report to the CMM.

Malaysia has a tax system where residents and non-residents are taxed on their Malaysian source income. Foreign investors in Malaysia are subject to either and/or four major taxes.