How  To  Launch  ICO  (Initial  Coin  Offerings)  in  Malaysia  Legally?
201808.06
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How To Launch ICO (Initial Coin Offerings) in Malaysia Legally?

in Blog

As Bank Negara Malaysian (BNM) and Securities Commission Malaysia (SC) have issued a cease-and-desist letter to CopyCashCoin  in its attempt to launch an ICO (Initial Coin Offerings) in Malaysia in January 2018, the question remaining is whether it’s possible to launch ICO (Initial Coin Offerings) in Malaysia legally? ICOs are all the rage the world…

Right to Vote in Malaysia: Can My Employer Refuse to Approve My Leave?
201804.10
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Right to Vote in Malaysia: Can My Employer Refuse to Approve My Leave?

in Blog

The 14th General Election (“GE14”) is before us. However, the Election Commission has fixed the polling to be held on 9th May 2018, a Wednesday. At the time of writing, there is no indication from the caretaker Federal Government on whether 9th May 2018 will be designated as a public holiday. Leaving aside the question…

Key Changes About The New Companies Act In Malaysia
201709.15
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Key Changes About The New Companies Act In Malaysia

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Q:  What are the key highlights of the changes for the newly implemented Companies Act 2016 compared to the old Act? Under the Companies Act 1965 (“Old Act”), a memorandum and articles of association (“M&A”) is required for a company to be incorporated. Under the Companies Act 2016 (“New Act”), the M&A is replaced by…

Shareholders Agreement
201709.15
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Shareholders Agreement

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Q:  What are the differences between shareholders and directors? A shareholder or member owns a company by holding its shares. A director manages the company. A director does not have to be a shareholder and a shareholder has no right to be a director. Q:  What is paid-up capital? Paid-up capital is the amount of…

Important notes you should know about companies in Malaysia
201709.15
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Important notes you should know about companies in Malaysia

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Q:  I would like to issue shares to other potential investors to invest in my company, how could I do it?  Private companies In general, for allotment of new shares of a private company to new identified investors to increase its issued and paid-up capital, the prior approval of majority of existing shareholders by way…

Tenancy Agreement in Malaysia
201709.14
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Tenancy Agreement in Malaysia

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Q:  How do I calculate the legal fee for tenancy agreement? The standard legal fees chargeable for tenancy agreement are as follows:- First RM 10,000 rental – 25% of the monthly rent Next RM 90000 rental– 20% of the monthly rent More than RM 100,000 – negotiable Legal Fee for Tenancy Agreement period of above…

Will in Malaysia
201709.14
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Will in Malaysia

Q:  What is a will? A will is a legal document which a person, namely the testator, indicates his arrangement regarding to distribution of his property upon death and the care of any minor children. Q:  What are the advantages of making a will? Having a will in place has the following benefits:- Avoid potential…

Divorce Proceedings in Malaysia
201709.14
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Divorce Proceedings in Malaysia

How do I get a divorce? If both parties agree to the divorce and terms, they may get a lawyer to file a Joint Petition. The Joint petition must state: Details of marriage and children, if any; Previous court cases relating to the marriage; Agreed terms on maintenance, custody and division of assets. If one…

Business Type in Malaysia
201709.06
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Business Type in Malaysia

Q: What are the main vehicles used in Malaysia to establish a business? There are 3 types of business entities one can choose from to start up a business in Malaysia, namely: Sole proprietorship Partnership Companies – Under the Companies Act 2016, a company can be incorporated as: a company limited by shares – the…