Malaysia Payroll Checklist 2024 – PDF
Running payroll in Malaysia is a dynamic challenge that requires meticulous attention to detail, robust systems, and a thorough understanding of both legal requirements and employee welfare considerations.
It is important for employers in Malaysia to comply with local laws, such as the Employment Act 1955, and submit contributions to statutory bodies like the Employees Provident Fund (EPF) and Social Security Organization (SOCSO).
Additionally, payroll professionals in Malaysia must stay vigilant of updates in tax regulations and employment policies, which can frequently change. The following checklist will provide you a step-by-step guide to running payroll in Malaysia.
