Green Investment Tax Allowance (GITA) For Own Comsumption

Companies undertake in green technology project for own consumption may enjoy up to 100% Green Investment Tax Allowance (“GITA”) to be offset against 70% of statutory income. Promoted activities such as green building, renewable energy system, energy efficiency, battery energy storage system, electric vehicles etc.

KNOW MORE

Malaysia Cold Chain Facilities

Investment in cold chain facilities or providing services for perishable agricultural produce such as fruits, vegetables, flowers, ferns, meat and aquatic products eligible for tax exemption up to 70% of statutory income or Investment Tax Allowance of 60% up to 5 years.

KNOW MORE

Malaysia Global Services Hub Tax Incentive

With Global Services Hub tax incentive, the companies will benefit from corporate income tax rates of 5% or 10% based on outcome for a period of up to ten (10) years. This incentive aims to establish Malaysia as a competitive hub in the global service sector in the region.

KNOW MORE

Why Dubai

The UAE's 0% corporate tax policy transcends numbers; it's an invitation to transform your business aspirations into reality. With a robust infrastructure, a strategic location, and a welcoming environment, the UAE beckons entrepreneurs and visionaries to harness its potential.

KNOW MORE

people from different countries having meeting discussion

Improving Transfer Pricing Compliance

The Transfer Pricing Rules 2023 supersedes the rules that were released in 2012. Significant changes were made with the intention to boost compliance and provide taxpayers with more clarity with regards to Transfer Pricing compliance.

KNOW MORE

Malaysia Digital Tax Incentive

MSC Malaysia Status Service Incentive is now rebranded to Malaysia Digital (“MD”). Companies awarded with MD status shall be entitled to a set of incentives, rights and privileges from the Government of Malaysia. MD status companies have flexibility to choose benefits (either with or without tax incentives).

KNOW MORE

Why Listing on 1Exchange (1X)?

1X’s strategic shareholder is SGX. 1X is widely regarded as 3rd Board and 1st MAS-regulated and cost-effective Private Securities Exchange in Singapore to design for private companies to enable them to trade on private share and provide ESOS and liquidity for their investors and employees, respectively.

KNOW MORE

Why Singapore?

Singapore is a strategic base to implement your growth strategies and to manage and integrate your operations for the region and beyond. Being one of the lowest income tax rate countries, Singapore has further announced a full and partial tax exemption for the newly incorporated company for the first 3 years consecutively.

KNOW MORE

Mandatory Sustainability Reporting

Stakeholders, including investors, regulators, customers, etc., are increasing focus on sustainability performance. How organizations translates their sustainability practices into positive social and environmental impacts. Stakeholders eye for improved operating efficiency, natural resource stewardship, community relations and more.

KNOW MORE

Japan Desk ジャパンデスク

当事務所のジャパンデスクは、長年マレーシアに在住し、日マ双方のビジネス環境、文化、習慣を熟知したディレクターが担当しています。包括的な業界知識と、クライアントサービス経験を活かし、ローカルのプロフェッショナルチームと連携し、日系企業の皆様にきめ細かなサービスをご提供しています。そして法令順守、業務課題の解決、ビジネス機会の抽出と最大化、効率の向上、その成果としての事業目標の達成に貢献いたします。

KNOW MORE

US Desk

Thinking of going listed aboard on US Stock Exchange for either a better valuation and liquidity or gateway to international market to leverage global growth?

KNOW MORE

Why Considering Outsourcing as You Have Bigger Fish to Fry

You might have more important business strategies to execute - "bigger fish", by outsourcing business processes, it can help to redeploy your valuable resources towards "bigger fish" to achieve your strategic goals and objectives.

KNOW MORE

Why Labuan?

If your business model may optimise use of offshore structure, so why might an onshore investment if it carries lesser advantages as compared to offshore investment? The Labuan company is only taxed at 3% on its audited profit.

KNOW MORE

Labuan GIFT Programme for International Commodity Trading

GIFT Programme provides tax rate of 3% on qualifying income to increase its competitiveness as a centre for international trading companies.

KNOW MORE

WHO WE ARE

Founded in 2002, ShineWing TY TEOH is a leading regional accounting and consulting firm, ranked top 15 largest in Malaysia by Malaysia Survey of International Accounting Bulletin, with office presences in Malaysia to provide a diverse spectrum of business solutions and consulting services to public listed companies, Fortune 500 companies and multi-national corporations, representing a cross section of major industries.

ShineWing TY TEOH is Approved and Registered Auditors of (i) Public Company Accounting Oversight Board, USA; (ii) Labuan Financial Services Authority, Malaysia.

ShineWing TY TEOH is an independent member firm of ShineWing International and Praxity.

Play Video about city-nightview

With belt and road initiative in China, ShineWing International (“SWI”) was initiated in Year 2014 and established as a global network of independent accounting and consulting firms in Year 2015. SWI is consistently ranked as Top 20 largest accounting network by the World Survey of International Accounting Bulletin (IAB).

Well-positioned in the Asia-Pacific region, ShineWing plans to take further steps to expand into Europe, North America, Africa, Middle East and Latino America. With the progressive expansion, ShineWing was just selected as the winner for the category “Rising Star Network” for the International Accounting Bulletin (IAB) Awards 2015.

Play Video about Praxity

Praxity is an award-winning alliance of global independent accountancy, tax and business consulting firms, and the world’s largest alliance of independent accounting firms by the World Survey of International Accounting Bulletin. Praxity has 64 participating firms in 103 countries with 630 locations and 42,000 professionals.

Praxity consistently ranked as the Top 10 largest accounting association in the world and the biggest alliance of independent accountancy and consulting firms. A not-for-profit association, Praxity facilitates the sharing of expertise among its participant firms around the world.

[Please don't add any content without client's approval] Accounting and Audit Firm in Malaysia

WHat We Offer

What sets us apart is a deep knowledge of a variety of industrial sectors, and the expertise and ability to develop tailored solutions for our clients operating within these industrial sectors. Find out more about the services we offer.

AUDIT & ASSURANCE

BPO & Business Advisory

China Desk

Digital Advisory

Family Office & Private Client Services

Financial & Transaction Advisory

Japan Desk

Market Entry Advisory

Migration Advisory

Labuan Offshore Advisory

Risk & Governance Advisory

Singapore Desk

Tax Advisory

Transfer Pricing Advisory

US Desk

Valuation Advisory

WHAT’S ON

Phase One Of Movement Control Under National Recovery Plan (NRP) Updates to the Inland Revenue Board’s Announcement (Updated 26 June 2021)

June 26, 2021

Introduction to Withholding Tax and Imported Services Tax – Implications of Digital Services (PART 3)

WHAT’S LATEST NEWS

SW International 2024 Partners Conference in Guangzhou, China

The latest world rankings of international accounting networks published by International Accounting Bulletin (IAB) in March 2020

April 6, 2020

Invitation to judge the Malaysia International Business Awards 2019

BE PART OF OUR TEAMS

We extremely value our staff and believe that they are an essential investment as we believe that people build culture. Be part of us and develop your careers here.

WHO WE ARE

[Please don't add any content without client's approval] Accounting and Audit Firm in Malaysia

WHat We Offer

AUDIT & ASSURANCE

BPO & Business Advisory

China Desk

Digital Advisory

Family Office & Private Client Services

Financial & Transaction Advisory

Japan Desk

Market Entry Advisory

Migration Advisory

Labuan Offshore Advisory

Risk & Governance Advisory

Singapore Desk

Tax Advisory

Transfer Pricing Advisory

US Desk

Valuation Advisory

WHAT’S ON

WHAT’S LATEST NEWS

BE PART OF OUR TEAMS

ENQUIRY US

Have a general enquiry about any of our services?

OUR GLOBAL PRESENCE

1

100+

630+

42000+