Posts Categorized: Malaysian Law & Legal Q&A

Banking and Financial Legalese

Banking and Financial Legalese

Building Credit Business The business that provides any form of credit facilities to any person for the purpose of; The reconstruction, renovation or the construction of any building or other form of structures. The buying of immovable property And these are for the purpose of commercial, residential or industrial functions or any other form of… Read more »

Hire Purchase Law

Hire Purchase Law

Let’s begin by first defining what hire purchase is, it is basically a system of acquiring goods on credit whereby the seller of these goods will then be regarded as the dealer, the purchaser will be the hirer and the finance company is the owner. The ownership of these goods that are bought on hire… Read more »

Malaysia Citizenship Law

Malaysia Citizenship Law

Let’s begin by defining what a citizenship is, it is basically a native or a person that has been naturalized that owns their allegiance to, they are also entitled to the protection from their government as well as to exercise their civil rights. A citizenship is the status that is granted to a citizen along… Read more »

Danaharta Act

Danaharta Act

Danaharta Act Let’s begin by first defining what Danaharta is, Pengurusan Danaharta Nasional Berhad is owned by the Minister of Finance and it is a public company that has been incorporated under the Companies Act 1965. It was established by the Malaysian Government to act as the national asset management company otherwise known as AMC… Read more »

Offshore Financial Services

Offshore Financial Services

In an effort to promote as well as develop Labuan as an International Offshore Financial Centre (IOFC), the regulatory body known as Labuan Offshore Financial Services Authority (LOFSA) was set up to spearhead and coordinate such efforts. LOFSA will be expected to streamline the government machinery in the supervision of the offshore financial services industry…. Read more »

Malaysia Visas and Passes

Malaysia Visas and Passes

What is a Visa? A visa can be described as the application process for foreign nationals that have the intention to come to Malaysia; however they must first show that they can qualify for entry before they can arrive in the country. An endorsement on your travel document such as your passport will show that… Read more »

Malaysia Passport

Malaysia Passport

Passport Let’s begin by defining what a passport is; it is basically an official and valid travel document that has been issued to a person by or on behalf of the government of which that particular person is a citizen of. With the issuance of the passport it has allowed that person to travel abroad…. Read more »

Malaysian Law in brief

Malaysian Law in brief

The Modern Malaysian Law The Modern Malaysian Law is closely related to the country’s history even before Malaya achieved independence in 1957. Even though Portuguese, Dutch and British had ruled Malaya, British have much greater impact and effect on our modern Malaysian Law. To understand better on Malaysian Law, you need to learn and read… Read more »