introduction-of-goods-and-services-tax-gst-in-malaysia

Introduction of Goods and Services Tax (GST) in Malaysia

In line with the announcement made by the Malaysian Government, Goods and Services Tax (GST) has been implemented with effect from 01 April 2015. The current rate imposed on all consumption of taxable goods and services is 6%. The previous service tax is no longer applicable to tax invoices issued on and after 01 April 2015. For more information, please visit http://gst.customs.gov.my/en/Pages/default.aspx

We wish to inform that Henry Goh & Co. Sdn Bhd is registered (GST No. 000076152832) with the Royal Malaysian Customs and is required by law to charge and collect GST for remittance to the Customs. All tax invoices issued by us for services rendered will be imposed with GST, where applicable. If you require clarification, please do not hesitate to contact our Accounts Department at accounts@henrygoh.com

Thank you for your attention.

Trademarks Act 2019

Dear Valued Clients & Associates

We are pleased to announce that the long-awaited overhaul of trademark laws in Malaysia is finally coming to fruition. The all-new Trademarks Bill 2019 was tabled in the Malaysian Parliament on 11 April 2019 and was approved, with some amendments, by the Lower House (Dewan Rakyat) on 02 July 2019 and the Upper House (Dewan Negara) on 23 July. Pending royal assent, it is now most certain that the new Act will come into effect by the last quarter of this year.

We will keep you apprised when the Trademarks Act 2019 becomes enforceable and the accompanying Trademark Regulations are issued.

In the meantime, please click here for some key takeaways from the new statute.