Archive for the 'Best Accounting Practises' Category
Statistics On Operational Headquarters In Malaysia
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Some interesting statistics reported by MIDA pertaining to OHQs:
since the introduction of the OHQ incentive scheme in 1990, a total of 133 OHQ’s have been approved;
nationalities from USA (26); Japan(14); Germany (12); UK(10); Netherlands (9) , Australia (9) and others;
total paid –up capital amounted […]
Factors Influencing The Establishment of Operational Headquarters In Malaysia
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There is an increasing trend among MNCs to locate their operational headquarters in Malaysia mainly to support their Asia Pacific operations.
Some of the inducing factors to lead more companies coming to Malaysia for the OHQs includes:
· […]
CLICK TO THE MAIN PAGE FOR ALL ARTICLES ON OUTSOURCING
We normally associate IT outsourcing mainly to India in places like Bangalore. However, with the passage of time, higher labor costs and turnover rates made companies also look at elsewhere to get their outsourcing needs.
A list compiled by management consulting firm neoIT on the new outsourcing hubs […]
Survey-Type of Services, Reasons, Selecting Site & Success Factors
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The general rule of the thumb is that rule-based, homogeneous, non-critical transaction processes are suitable for shared services.
In a survey on SSC, the following are revealed ( by %):
(A) Top Five (5) Shared Services performed:
Accounts payable
Accounts receivable
Travel expenses
General ledger and consolidation
Payroll and benefits
(B) […]
A Comprehensive List of Management Services
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Further to my earlier article on management fee/transfer fee and the type of management services to be rendered, append below is a very comprehensive list of management services issued by our Malaysian Custom Authorities who is also in charge of the service tax:
(i) Corporate […]
