SERVICES

Understanding MIDA SPM | Bestar Understanding MIDA SPM Surat Pengesahan MIDA (SPM), or the MIDA Confirmation Letter, is an official document issued by the Malaysian Investment Development Authority. It allows eligible businesses in Malaysia to claim import duty and/or sales tax exemptions from the Royal Malaysian Customs Department on qualifying machinery, equipment, raw materials, components, and spares. Eligible Categories Manufacturers in the Principal Custom Area (PCA): E

Malaysia Security Agency Acquisition Target | Bestar Malaysia Malaysia Security Agency Acquisition Target Gold House M&A is actively seeking to acquire a fully licensed security services provider in Malaysia on behalf of a retained client. This M&A acquisition mandate targets established private security firms with valid regulatory licensing and an active guard workforce. Acquisition Overview & Target Criteria Reference ID: Z62673287 Target Business Type: Licensed security gu

M&A Due Diligence and QofE Services | Bestar M&A Due Diligence and QofE Services Are you paying a fair multiple on actual cash flow, or are you buying inflated accounting paper? In Malaysia’s evolving corporate landscape, cross-border deals, private equity buyouts, and mid-market acquisitions carry significant strategic potential—along with hidden financial and regulatory landmines. Standard financial audits confirm whether books follow MFRS/PERS accounting standards. Financi

Due Diligence Services | Bestar Due Diligence Services Due diligence services in Malaysia evaluate the financial, legal, tax, and operational risks of a business. Major accounting firms, global consultancies, and specialized corporate advisors offer these transaction support services for mergers, acquisitions, and joint ventures. Key Service Types Financial & Tax: Analyze historical earnings, working capital needs, tax compliance, and cash flow stability. Legal & Corporate:

M&A | Bestar M&A The Malaysian Mergers and Acquisitions (M&A) market is active and selective, heavily driven by foreign direct investment (FDI) in data centers, semiconductors, logistics, and agrifood supply chains. Transactions require navigating strict rules under the Capital Markets and Services Act and the Malaysian Code on Take-Overs and Mergers. 📈 Hot Sectors and Market Drivers Data Centers & Tech: High growth in cloud computing, AI infrastructure, and regional digital

Due Diligence | Bestar Due Diligence Conducting due diligence in Malaysia requires verifying corporate records via the Companies Commission of Malaysia (SSM), evaluating financial health through credit bureaus like CTOS, and accounting for local land offices or intellectual property registries (MyIPO). A standard review takes two to four weeks and costs vary based on scope. 🔎 Essential Public Searches & Verification Corporate Profile: Search the SSM database for director nam

BNM Debt Collection Submission Framework | Bestar BNM Debt Collection Submission Framework Executing debt recovery or submitting formal regulatory packages to Bank Negara Malaysia (BNM)—such as for outsourcing debt collection or under the Policy Document on Disposal and Purchase of Impaired Loans/Financing (DPIL) or Fair Treatment of Financial Consumers (FTFC)—requires strict alignment with Malaysian legal and regulatory standards. Below is the foundational framework covering

Consumer Credit Act 2025 Explained | Bestar Consumer Credit Act 2025 Explained The Consumer Credit Act 2025 (CCA), which came into force in Malaysia on March 1, 2026, establishes a comprehensive regulatory framework for the consumer credit industry. It aims to ensure fair, transparent, and responsible lending practices by bringing previously unregulated credit providers—such as Buy Now Pay Later (BNPL) platforms, leasing firms, factoring companies, and debt collection agencie

Malaysia Company Filing Deadlines | Bestar Malaysia Company Filing Deadlines In Malaysia, company filing requirements are primarily governed by the Companies Commission of Malaysia (SSM) and the Inland Revenue Board (LHDN) . Since it is currently April 2026 , here are the deadlines for your 2026 compliance cycle (covering Financial Year Ends in 2025/2026). 1. SSM Filing (Statutory Compliance) SSM deadlines are generally tied to your company’s Anniversary of Incorporation an

Second-hand Dealers License | Bestar Malaysia Second-hand Dealer License Guide This guide covers the Second-hand Dealers Act 1946 and the specific steps required by the Royal Malaysia Police (PDRM). How to Get a Second-hand Dealers License in Malaysia (2026 Guide) Are you looking to start a business trading in used goods, scrap metal, or pre-owned vehicles? In Malaysia, this isn't just a matter of registering a company; you must comply with the Second-hand Dealers Act 1946 (

Malaysia Stamp Duty on Employment Contracts | Bestar Malaysia Stamp Duty on Employment Contracts In 2025, the Inland Revenue Board of Malaysia (LHDN/HASiL) intensified its enforcement of stamp duty requirements for employment contracts under the Stamp Act 1949 . The following is a comprehensive guide based on the HASiL e-Newsletter Edition 3/2025 and official guidelines regarding the RM10 stamp duty for employment contracts. 1. Key Stamping Requirements & Deadlines Under It

Malaysian Aircraft Parts Regulations The Civil Aviation Authority of Malaysia (CAAM) , as the nation's sole civil aviation regulator, sets stringent regulatory requirements for the supply of aircraft spare parts. Compliance is not optional—it is fundamental to ensuring airworthiness and aviation safety within the Malaysian civil aviation sector. For any organization involved in the supply chain—from manufacturers and distributors to maintenance organizations (MROs) and...

Bestar Reply to an EOR Service Inquiry (Malaysia) Bestar Reply to an EOR Service Inquiry (Malaysia) Subject: Proposal for Seamless Employer of Record (EOR) Services in Malaysia - Bestar Dear Client, Thank you for your interest in Bestar's Employer of Record (EOR) services to facilitate your compliant and rapid expansion into Malaysia. We understand the complexities of international hiring and are here to act as your local legal employer, ensuring a smooth and risk-free proces

Essential Guide: How to Get a Pesticide Applicator Licence in Malaysia | Bestar Malaysia Pesticide Applicator Licence Guide Essential Guide: How to Get a Pesticide Applicator Licence in Malaysia The Pesticide Applicator Licence in Malaysia is a mandatory certification for anyone professionally involved in applying, supervising, or handling controlled pesticides. Governed by the Pesticides Act 1974 , this licence ensures public safety, environmental protection, and a standard

Bestar Reply Payroll Services in Malaysia Inquiry Bestar Reply Payroll Services in Malaysia Inquiry Bestar Payroll Services Malaysia: Your Essential Guide to Seamless HR Compliance Outsource your payroll to Bestar Payroll Services Malaysia and achieve 100% compliance with EPF, SOCSO, EIS & PCB. Get accurate, timely, and confidential HR & Payroll solutions for your business. Inquire today ! Bestar Payroll Services Malaysia: Simplify Compliance and Reclaim Your Time Navigating

LMW License | Bestar Duty-Free Manufacturing in Malaysia LMW LMW in Malaysia stands for Licensed Manufacturing Warehouse. It is a type of warehouse facility that allows businesses to import raw materials and components duty-free, provided that they are used in the manufacturing process of goods that will be exported. Key Points about LMW in Malaysia: Purpose: To facilitate manufacturing and export activities by reducing import duties and taxes on raw materials and components.

Application for Private Employment Agency License | Bestar Application for Private Employment Agency License No person shall carry on any recruiting activity unless they have been granted an employment agency licence. Application for a Licence An applicant for a licence shall submit an application made in accordance with the category of licence. Category of Licence Licence A — Job placement for a job seeker within Malaysia Licence B — Job placement for a job seeker (local a

Setting Up a Debt Collection Agency | Bestar Setting Up a Debt Collection Agency Setting up a debt collection agency in Malaysia involves several important steps and considerations. Here's a general overview: 1. Licensing and Regulations: Suruhanjaya Syarikat Malaysia (SSM): Register your business with SSM, selecting a suitable company structure (sole proprietorship, partnership, or limited liability company) based on your ownership and liability preferences. Bank Negara Mala

Payroll Services | Bestar Payroll Services in Malaysia Malaysia has a robust and diverse market for payroll services, offering solutions for businesses of all sizes and complexities. Here are some key aspects to consider: Types of Payroll Services Fully Outsourced Payroll: This is the most comprehensive option, where a service provider handles all aspects of payroll, including calculations, deductions, payments, statutory filings, and employee self-service portals. Co-Source

Setting up an Employment Agency in Malaysia | Bestar Setting up an Employment Agency in Malaysia Setting up an employment agency in Malaysia involves obtaining the necessary licenses, registering your business, and complying with various regulations. Here's a step-by-step guide to setting up an employment agency in Malaysia: 1. Obtain the necessary licenses: Registration with the Companies Commission of Malaysia (SSM): You'll need to register your employment agency as a Priv