What are the essential things to remember as a taxpayer in Malaysia?
YOUR PERFECT LEGAL COMPANION
What are the essential things to remember as a taxpayer in Malaysia?
What are the options you have if the new property you just bought is full of defects?
A memorandum of understanding is a formal agreement between two or more parties, intending to establish official partnerships. They are not legally binding but they carry a large degree of seriousness and mutual respect between the parties.
WHO IS A GUARANTOR? A guarantor is a person who agrees to repay the borrower’s debt in the event that the borrower default on agreed repayments. WHO CAN BE A GUARANTOR? In order to become a guarantor one must: Be at…
If you are a buying a house for the very first time, well, congratulations! You are about to embark on a very exciting journey. But first, there are a few things that you should consider before proceeding with your purchase:…
Joint Management Body enables Purchasers and Developer to jointly manage the buildings and common properties before the issuance of strata tittles and formation of Management Corporation. It is governed by the Building and Common Property (Maintenance and Management) Act, 2007.…
The following is the basic guideline for fledgling buyers who intend to purchase their very first real property in Malaysia. This guideline applies to those purchasing directly from the developer of the project: Once booking has been made with the…
In Malaysia, there are two ways through which a marriage can be terminated, namely divorce with mutual consent and divorce without mutual consent. To be eligible for a divorce with mutual consent, the parties must be married for a minimum…
Negligence is a careless act or omission which causes another person damage, injury or loss as a result. Whether or not negligence has occurred is a matter of satisfying four questions. Does the person committing the act or omission (ie.…
Surrogacy is a process whereby a woman who is not the mother of the child (known as a surrogate) agrees to carry the child for the child’s parents where it is not medically possible for the actual mother to conceive…
Originally, abortions in Malaysia were governed by sections 312-315 of the Malaysian Penal Code which made abortions totally illegal, and was derived from the Indian Penal Code 1871. Due to its increasing need and pressures from the medical fraternity, an…
In the event an LLP becomes insolvent, a partner’s liability should be limited to the amount of his capital contribution to the LLP subsisting at the time. However, if the partner (or a former partner) in the course of distribution knows…
Whilst LLP is a familiar feature in the UK, it was in December 2003 that SSM issued its initial Consultative Document (CD) proposing the introduction of the LLP as an alternative form of business vehicle for small businesses, start-ups and…
A limited liability partnership can be incorporated in order to run a business that comprises of two or more partners. It is a type of partnership whereby certain or all partners have limited liabilities. It is different from a…
The Malaysian Anti Corruption Commission (MACC) has recently proposed the enforcement of ‘Misconduct for Civil Service Act’ to regulate civil servants, who through their acts or omission have caused substantial financial losses to the government. The MACC has proposed that such…
Organ donation and transplantation involve those who have consented towards donating their organs most commonly for the purposes of saving another’s life through transplantation. The National Health Service (NHS) reports between the 1st of April 2013 and 31st March 2014,…
Many agreements these days are tied up by a series of legal correspondences (instead of a contract). The contents of letters, i.e. stating relevant important terms & conditions intended to be committed by parties and if they are signed by…
In a Malaysian context, few things to note: 1. Those news articles that one reads about equal 50% distribution to the wife spouse in foreign countries, won’t apply in Malaysia. 2. Malaysia family law generally recognises ‘direct’ financial contribution to…
Whenever you signed a tenancy agreement with a landlord, watch out for the some tricky clauses that may appear hidden and they are, 1st, watch out for the word ‘fixed term’ as this could mean that you aren’t able to…
The SRAO makes several important changes to the Solicitors’ Remuneration Order 2005 which establishes the amount of fees to be paid to a lawyer for handling a property transaction.This includes sales and purchase transaction, which is mostly developers transaction and…