Azmi & Associates offer a pool of regional expertise in the areas of legislative advisory and drafting which includes providing advice on administrative, constitutional and public law.
From our past experience, we have been engaged in providing our services to clients in both the public and private sectors on a wide range of matters under the administrative, constitutional and public law in Malaysia, covering both social and political aspects of the law. Some of our key engagements include the reviewing and amending of Malaysian Aviation laws, the National Land Code, Strata Titles Act 1985, Sustainable Energy Development Authority Malaysia’s Feed-In Approval & Feed-In Tariff Rules as well as drafting a new legislation for a public company to regulate best practice urban development in Malaysia.
Our range of services:
• Drafting new laws and amendments to existing laws;
• Analysis on gaps in existing laws and indentification of challenges in implementing legislative reforms;
• Benchmarking exercise against similar laws implemented in other countries;
• Stakeholder Consultation;
• Judicial review;
• Statutory appeals;
• Advice on application of laws and regulations; and
• Interpretation of the constitution.
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Dear Valued Clients,
Following the national fiscal (Budget 2024) announcement, the proposed Service Tax (ST) rate will be increased from the current rate of 6% to 8% with effect from 1 March 2024, on selected taxable services including the legal services sector.
At this point, Azmi & Associates (“the Firm”) has outlined a tentative approach to the proposed increase in ST, pending further clarifications and implementation guidelines from the relevant Ministry and the Royal Malaysian Customs Department.
During this period, the Firm reserves the right to update or modify the information as deemed necessary.
1. Effective Date
The anticipated effective date for the implementation of the new tax rate (8%) is set for 1 March 2024.
2. Transitional rules for the proposed increase in Service Tax rate
a. Service Tax at 6% is applicable on taxable services provided before 1 March 2024; Service Tax at 8% is applicable on taxable services provided post 1 March 2024.
b. Taxable services spanning 1 March 2024:
• Service Tax at 6% for the portion of taxable services provided before 1 March 2024
• Service Tax at 8% for the portion of taxable services provided post 1 March 2024
Should you have any queries or require further clarification on this matter, please feel free to reach out to us. We highly value our client relationships and are dedicated to ensuring a seamless transition through these changes.
Corporate Communications, Azmi & Associates – 16 February 2024
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