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IBA Guide on Shareholders Agreements Malaysia Ms. Au Wei Lien Zulu Caïque & Partners 1. Are shareholders agreements frequent in Malaysia? Shareholders agreements are frequently used in medium and
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What is au wei lien?
Au wei lien, also known as Foreign Assets Reporting Form, is a document used to declare any foreign assets held by Malaysian residents.
Who is required to file au wei lien?
Any Malaysian resident who holds foreign assets with a total value exceeding RM 1 million is required to file au wei lien.
How to fill out au wei lien?
Au wei lien can be filled out online through the official website of the Inland Revenue Board of Malaysia.
What is the purpose of au wei lien?
The purpose of au wei lien is to ensure that Malaysian residents accurately declare and pay taxes on any foreign assets they may hold.
What information must be reported on au wei lien?
Information such as the type of foreign assets held, their value, and their location must be reported on au wei lien.
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