KUALA LUMPUR, 6 June 2025 – The Inland Revenue Board (LHDN) has issued an important update concerning stamp duty requirements for employment contracts, providing much-needed clarity for employers nationwide. Summary of Stamp Duty Requirements for Employment Contracts To ease compliance and reduce the burden on employers, LHDN has introduced a phased approach for enforcing stamp duty on employment contracts: Contract […]
Based on: LHDNM’s Requirements on Stamping of Employment Contracts, presented by MEF Adviser Datuk Hj Shamsuddin Bardan Starting January 2025, Malaysia’s Inland Revenue Board (LHDNM) has begun actively enforcing the Stamp Act 1949 in relation to employment contracts. MEF Adviser Datuk Hj Shamsuddin Bardan recently provided an in-depth briefing on this development to over 2,400 HR professionals, clarifying the requirements, […]
Introduction Employment contracts are a key document that sets out the terms of engagement between employer and employee. While many companies prepare and sign these contracts diligently, one question frequently arises: Do employment contracts need to be stamped in Malaysia? This article provides a practical guide for HR managers and employers on stamping employment contracts, including recent updates from the […]
Employment contracts are vital documents that establish the terms and conditions of the working relationship between employers and employees. In Malaysia, these contracts are governed by the Employment Act 1955 and other relevant labor laws. This article provides a detailed overview of employment contracts in Malaysia, highlighting essential elements for both parties to ensure a clear, fair, and legally compliant […]
Malaysia is a growing hub for international businesses, attracting foreign talent to its dynamic workforce. One of the most crucial requirements for foreign workers seeking to work in Malaysia is the Employment Pass (EP). This official work visa allows expatriates to work legally in the country for a specified period. Whether you’re an employer or a foreign professional looking to […]
In managing employee relationships, two essential documents often come into play: the Employee Handbook and the Employment Contract. While both are integral to workplace management, they serve different purposes. Understanding the differences between these two documents can help clarify both employer and employee rights and obligations in Malaysia. 1. Purpose 2. Legal Enforceability 3. Scope 4. Modifiability 5. Content 6. […]