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Does an employment contract need to be stamped in Malaysia? When to stamp? What’s the process and timeline? Get all your answers.
Considering the IRB's latest guidance, employers are reminded of their legal obligations to duly stamp all employment contracts in accordance with the Stamp Act 1949.
While FAQs provide some level of guidance, there is still uncertainty surrounding the IRB’s position on other employment-related agreements, and if any remittance of late stamping penalties will be provided for such agreements.
After completing this course, participants will be able to understand and know the following:
• Malaysia Stamp Act 1949
• Stamping Process and Timeline
• Account Registration, Submission and Payment
• Process to Stamp an Employment Contract
• Employer Responsibility
Employment Contract Stamping in Malaysia
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