Singapore is often cited as the leading example of countries that continues to reduce corporate income tax rates and introduce various tax incentives to attract and keep global investments. With effect from Year of Assessment 2010, a company is taxed at a flat rate of 17% on its chargeable income regardless of whether it is ...

All companies in China are required to carry out annual compliance procedures as mandated by various governmental departments. It is crucial to be aware of the relevant deadlines as failure to carry out these procedures on time may result in extra expenses, penalties, or even revocation of business licenses. While tedious, this process is a ...

An audit report is a written opinion of an auditor regarding an entity's financial statements. The report is written in a standard format, as mandated by Malaysia Audit Act 1957.  When a Company preparing financial statements for completion, they often must contain an auditor's report from an external accountant or auditor. This document evaluates the ...

Income tax in Malaysia is imposed on income accruing in or derived from Malaysia except for income of a resident company carrying on a business of air/sea transport, banking and insurance, which is assessable on a world income scope. Who is taxable? All persons staying in Malaysia for more than 182 days are considered as ...

China taxation is a financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state such that failure to pay, or evasion of or resistance to collection, is punishable by law. Taxes are also imposed by many administrative divisions.  Taxes consist of ...

Malaysia Outsourcing Accounting Services, Tannet group offer clients a full range of book keeping and accounting services in Malaysia to a wide range of clients operating across a broad spectrum of commercial, industrial, professional and non-profit sectors. Advantages of Outsource Malaysia Accounting 1) It will strengthen your competitive advantage. 2) Our customized service will help ...

Accounting Services for China Companies means the follow-up accounting processes going in after a company is registered. As a global service provider, Tannet provide global clients with financial accounting management and consulting services. We can also help enterprises with tax regulation, legally tax avoidance, strategic management of financial and taxation rationalization and legalization.   The ...

Payroll is the sum of all financial records of salaries for an employee, wages, bonuses and deductions. In accounting, payroll refers to the amount paid to employees for services they provided during a certain period of time. Businesses may decide to outsource their payroll functions to third party for better management. Advantages of Outsourcing : ...

Malaysia Tax Filing Services is a service to process of preparing tax returns, often income tax returns, often for a company other than a person. Tax preparation may be done by the taxpayer with the help of a licensed professional such as licensed authorized company, certified public accountant or enrolled agent. Below refers to some ...

Malaysia SOCSO (Social Security Organization), also known as PERKESO (Pertubuhan Keselamatan Sosial), was established in 1971 under the Ministry of Human Resources (formerly known as Ministry of Labour) to provide social security protections to all employees/workers in Malaysia. PERKESO is an organization to provide insurance coverage against job-related injuries and disabilities, workplace accidents, occupational diseases ...