Freelancing is becoming increasingly popular in Malaysia as more and more people are turning to it as a viable source of income.
With the rise of the gig economy, freelancing is a great way to make money and have the flexibility to work from home. But is freelance legal in Malaysia?
The short answer is yes, freelancing is legal in Malaysia. However, there are certain conditions that must be met in order to be able to freelance in the country. Firstly, you must be above 16 years of age. Secondly, you must be a citizen or permanent resident of Malaysia, or hold an Employment Pass. Finally, you must not be barred from rendering or receiving services under the law.
In addition to these conditions, freelancers in Malaysia must also adhere to certain laws and regulations. For example, freelancers must comply with the Employment Act 1955, which sets out the minimum wages and other employment conditions. They must also comply with the Income Tax Act 1967, which sets out the tax obligations of freelancers.
Freelancers in Malaysia must also ensure that they are properly registered with the Companies Commission of Malaysia (SSM). This is to ensure that their business is legitimate and to ensure that they are paying the necessary taxes.
Freelancers in Malaysia must also be aware of the restrictions on the types of services they can provide. For example, freelancers cannot provide services that require a professional license, such as medical or legal services.
Overall, freelancing is legal in Malaysia as long as the conditions mentioned above are met. Freelancers must also ensure that they are properly registered with the Companies Commission of Malaysia and comply with the relevant laws and regulations. This will ensure that their business is legitimate and that they are paying the necessary taxes.