Payment Terms Legislation In Malaysia
Malaysia
Please see below for a summary of payment terms in Malaysia and the various industries across which payment term legislation appears. You can also download a summary of all Malaysian payment terms by clicking the button below.
Industries | Laws | Codes | Notes | Interest Rate |
---|---|---|---|---|
Government | ||||
Comm_terms_law | ||||
Construction | ||||
Manufacturing | ||||
Retail_agriculture | ||||
Services |
NOTES
Treasury policy ‘Arahan Perbendaharaan’ 103 of the Malaysian government requires all public entities to pay bills promptly within 14 days of invoice.
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