It is important to understand any taxes and regulations involved when transferring MYR overseas. Here's what you need to know. The Malaysian government has set a flat rate of 6% Goods and Services Tax (GST) on most types of remittance services, including internationalmoney transfers. This means...
Know where to register, automatically collect the right amount of tax, and access the reports you need to file returns. Tax docs Automate sales tax, VAT and GST collection and reporting on all your transactions—low- and no-code integrations are available....
Intoxicating liquors, tobacco products, motor vehicles, petroleum products, and biodiesel blends are dutiable goods that will incur duty in addition to GST. You can check the specific rates on the Singapore Customs website. Furnish security Lastly, all importers are required to furnish security as ...
As for any other type of international shipments, from the US to Canada, the US to the EU, the US to Asia, and so on, you always need to attach a commercial invoice. What Does a Commercial Invoice Include? While there isn’t a standard format you have to follow to create a commerci...
This is why it’s important for SMEs to have long term plans for their fundings in case of rainy days. To do this, you will need to ensure that your loan applications are always optimal. In this guide, we break down the application process to show you what you need ...
Therefore, instead of paying $49.95 along with the GST per month, new sellers who are looking to sell their products on Amazon Australia need to pay only $24.98 plus GST for the first two months of their subscription. The payment cycle for the subscription fee begins as soon as you finish...
Do I need to provide any additional documentation during the renewal process? The requirements for trademark renewal documentation can vary. In general, you may need to submit a renewal application form and pay the applicable fees. However, specific jurisdictions may have additional requirements, such...
DigiLocker provides numerous benefits, such as easy remote access to documents, secure storage, reduced paperwork, and faster document verification processes. It eliminates the need for physical copies of documents and promotes a paperless ecosystem. The platform is widely accepted by various government...
Learn all you need to know about Video KYC here. Book a Free Demo What is the Purpose of KYC Verification? Prevention of money laundering & financial crime Combating illicit financial activities and cutting off terrorism financing are two of the main objectives of KYC verification. Money launder...
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