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We see many new businesses starting and thriving in Malaysia. With that fact in mind, the country attempts to become a high-income nation. Thus, the government supports and encourages new entrepreneurs and innovation in this nation. The country invites foreign investors, there for, understanding Sdn Bhd is necessary. Foreigners can register business only under Sdn […]

What it needs to be a successful entrepreneur in Malaysia? Is it a good idea to begin with small and medium sized enterprises or (SMEs) in Malaysia? Whether entrepreneurship or SMEs corp. Malaysia, emerging entrepreneurs often come up with many of such business queries. Nevertheless, it often gets complicated for newcomers when starting business in […]

Singapore has a successful trademark. The Singaporean market economy is one of the most open economy in the world. The total trade of the country amounts to S$982 billion. The total imports of the country are around S$464 billion and total exports of the country are around S$519 billion. Singapore exports especially in electronics, chemicals, […]

Republic of Singapore issues Singapore passport for the citizens of Singapore. Singapore is one of the nations with the most powerful passports in the world along with Japan, South Korea, Germany, UK and USA. This passport allows Singaporeans to travel freely to other countries with visa requirements. The Immigration and Checkpoint Authority (ICA) of Singapore […]

Why does a country need to impose a tax system? What are the benefits and who enjoys them? A country is able to raise revenue by taxes. It is called “fiscal capacity”. The revenue collected in taxes is used to build and improve infrastructure, state formation & provide good public goods and services. Therefore, it […]

The Singapore visa fee for both tourist and business visa in the country are quite similar. Business visa in Singapore is one of the strictest processes where the requirement expected from a candidate is inspected carefully where each requirement should be satisfied by the Singapore officers. Singapore is a recommended place to have the best […]

Sri Lanka is known for a lot of things and one of them is because of its Tea production. Sri Lanka has one of the largest Tea production industries of the tea world. The country did and does face time to time fluctuations some of the reasons due to these changes are a reduction of […]

A Company Limited by Guarantee is a public company which is formed to benefit the community. Such companies can be used to promote areas of, commerce, art, science, religion, charity, sport or anything useful. Non-profit organizations opt to form Limited by guarantee companies. Main characteristic of this type of company is not having a share […]

Sri Lanka, a country situated south of India also known as the pearl of the Indian ocean is a developing country. The country is the second wealthiest country in the southeast Asian region only seconded by Malaysia and is as an upper middle-class nation. The main source of foreign exchange the country receives is from […]

Different types of taxpayers have in Sri Lanka, and their taxpaying rate is different. In this article, we are trying to discuss about the corporate tax rate in Sri Lanka and the Individual tax rate in Sri Lanka. (CIT) corporate income tax rate in Sri Lanka: In Sri Lanka the normal tax rate is 28%. […]