Levy For Foreign Workers In Malaysia 2020

However 10 per cent of registered employers have yet to register their employees under the scheme.

Levy for foreign workers in malaysia 2020. A new multi tier levy system for foreign workers in malaysia will take effect in malaysia on 1 january 2020. Prime minister tan sri muhyiddin yassin had announced an additional allocation of rm10 billion. Fmm in the news. Open in google maps.

This was announced by a joint committee meeting between malaysia s human resources ministry and home ministry in putrajaya yesterday 28 february bernama reported. Foreign workers are allowed to work in this country on a yearly basis up to 10 years. However given the impact of the levy expenses on overall employment costs fmm hopes that there could be a total suspension of levy payment for a period of one year starting from april 2020 fmm president tan sri soh thian lai said in a statement. Tan sri muhyiddin yassin said the government will discount the foreign worker levy by 25 per cent for payments due between now and the end of the year.

Fmm said in alleviating the cost burden on employers especially those that employ foreign workers the announcement is welcomed. As of december 2017 there are 6 8 million active workers nationwide working for 435 801 employers registered under socso. Upon completion or termination of employment the employers must ensure that foreign workers are deported to their origin countries by using check out memo. Home minister tan sri muhyiddin yassin who chaired the meeting alongside human resources minister m.

People watching and listening to the prime minister s live telecast in kuala lumpur on april 06 2020.