Tax Advisory In Malaysia

Client Background Information Manufactures curtains for sale to B2B and B2C in Singapore Labour cost is getting increasingly high and hard to hire the right people for the job Demand exceeds the supply, thus customers are rejected and results in a lose of sales in turn affecting revenue Plan Moving Ahead Client is looking at the feasibility of directly manufacturing the curtains in Malaysia, which is more cost effective On top of producing in Malaysia, they would like to supply in SG and MY as well (Market Expansion) Requirements i need for this project Market research to be done (See if there is a demand for curtains to be sold in Malaysia either to B2B or B2C) Advanced research (Analyze the feasability to of setting up a sales office in MY to cater to the customers there and also plans to setup a manufacturing plant) Advisory services (see below) Company’s legal obligations, procedures and regulations to operate within Malaysia practices and methods to comply with legal regulations in Malaysia Advise on company’s best practices and methods to comply with legal regulations in Malaysia Advisory and consultation on the labour policies and regulations within Malaysia comprising of key pointers such as: o Manpower laws o Industry HR guidelines o Hiring and dismissal process Industry tax advisory containing key pointers such as: o Corporate tax regulations (Office and Factory) o Import and export product tax o Tax arising from sales within Malaysia o Possible tax exemptions/reliefs applicable for foreign companies in Malaysia