Many tend to confuse those ‘e-wallet’ operators in the market require ‘e-wallet’ license. That’s not quite true, in fact an incorrect terminology. There is no ‘e-wallet license’ per se. Those ‘e-wallet’ brands that we have heard, or even using, such as Touch and Go, GrabPay or MPay, are more accurately known as issuer of e-money…
A report issued by the Global Financial Integrity (GFI) in January 2019 shows that Malaysia is among the countries with greatest outflow of illicit money in the world, among others, where there was an outflow of $33.7 million from Malaysia and transferred out of the jurisdiction. As corporate is a legal entity that could be…
If you and your partners are thinking to start a new business together but have no idea of which type of business entity to be formed, you may then consider to form a Limited Liability Partnership (“LLP”) for your new business. LLP is a new form of business vehicle which is governed by the Limited…