04:05 APAC
Asia Briefing from Dezan Shira & Associates
entities or business units. Statutory obligations, including EPF contributions of 12 to 13 per cent alongside SOCSO and EIS requirements, further expand the reporting footprint and increase audit exposure where payroll processes are fragmented. Payroll design is now a frequent audit trigger. Authorities are increasingly reviewing overtime classification,
payroll and statutory reporting are becoming easier to detect and are more likely to trigger enforcement action. Digitised reporting has significantly increased visibility. Payroll submissions under Malaysia’s monthly tax deduction system are now routinely cross-checked against EPF, SOCSO and immigration records, reducing tolerance for inconsistencies across
Malaysia Foreign-owned
companies in Malaysia are facing increasing HR compliance scrutiny that extends beyond employment law into payroll governance, immigration reporting, statutory contributions and workforce management systems. As authorities including JTKSM, EPF, SOCSO, the Immigration Department and LHDN strengthen data coordination, inconsistencies across
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GLOBAL PAYROLL MAGAZINE ISSUE 24
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