Sheng Wei

Tenancy agreement in Malaysia – A Comprehensive Guide

  • Sheng Wei 

Although the amount of profit obtained from a property is less compared to ten years ago, it is still one of the best ways of generating a steady stream of income. Personally, I would not equate providing rental as a type of passive income because of the amount of effort and cost involved. With that said, tenancy is still an excellent way to make an income. To ensure that the whole… Read More »Tenancy agreement in Malaysia – A Comprehensive Guide

Will Template Malaysia – Free Downloadable Will Template

Although you can write a will yourself, I would highly recommend that you get legal advice on the matter. There may be legal impediments that can block you from validly executing your will.  I have include a sample which you can adopt for your will. However, do note that there must be amendments according to your personal needs. This will is only a simple template, which is ideal for a… Read More »Will Template Malaysia – Free Downloadable Will Template

Wills Act Malaysia – Will Writing In Malaysia

Understanding how to write a valid will is important especially if you want the property to be distributed according to your instructions.  Although most people are aware of what is a will, they are oblivious as to how to validly execute a will. In this article, we aim to breakdown the complexities of executing a valid will in Malaysia.  WHAT IS A WILL? Definition of “Will” under the Wills Act,… Read More »Wills Act Malaysia – Will Writing In Malaysia

Rental Income Tax Malaysia – What You Need To Know

If you are interested to know more about how income tax works in Malaysia, you should definitely check out this guide. The Guide will mainly be separated into 2 parts: (1) Foreign Nationals and (2) Nationals.  Foreign National (Rental Income Tax in Malaysia) If you are a foreign national living in Malaysia, you do not want to skip this section. Currently, non-residents must pay tax on Malaysian-sourced income. Also, it… Read More »Rental Income Tax Malaysia – What You Need To Know