by Donovan & Ho | Dec 7, 2016 | Corporate
DBKL’s recent announcement that at least 50% equity of all businesses in Kuala Lumpur must be owned by Malaysians starting 1 January 2017 may come as a shock to some. It has also been reported that DBKL will make it compulsory that at least 50% of the workers...
by Donovan & Ho | Oct 23, 2016 | Corporate, Real Estate, Tax
Reading through the full 55 pages of the Budget 2017 speech over my Sunday morning coffee, I’ve decided to narrow down this blog post and pick out some key highlights which are of my personal / professional interest – ie, Startups, Property, Company tax...
by Donovan & Ho | Mar 31, 2016 | Corporate, Employment Law, Tax
In Part 1, we explored some FAQs about the basic mechanics and workings of an Employee Stock Option Scheme (“ESOS”). In Part 2, we address the basic tax implications on both the company and employee of an ESOS. As attractive and effective using ESOS may be,...
by Donovan & Ho | Mar 2, 2016 | Corporate, Employment Law
Note: This article was published on 2-Mar-2016. Subsequent to the publication of the article, the new Companies Act 2016 came into force on 31-Jan-2017. Section 129 of the Companies Act 2016 provides for similar obligations for the company to maintain a register of...
by Donovan & Ho | Feb 2, 2016 | Corporate, Tax
In considering which business vehicle to use in Malaysia, the feature of a limited liability in a private limited company (Sendirian Berhad or ‘Sdn. Bhd.’) appeals to many. It allows the founder/shareholder to sleep better at night knowing that his personal wealth is...
