May 26 2025, 12:10 PM
QUOTE(nihility @ May 26 2025, 12:27 PM)
Make the stamping process easier / digitize the stamping.
In the tenancy agreement between the landlord and tenant, the stamping cost is borne by the tenant. If that is the case, we can adopt the same concept here. The RM10 stamping cost should be borne by the employee annually, if there is a revision to the terms of employment.
This way, the organization does not need to worry about covering the cost of employment stamping.
Unfortunately I read that only employer can stamp the employment contract. In the tenancy agreement between the landlord and tenant, the stamping cost is borne by the tenant. If that is the case, we can adopt the same concept here. The RM10 stamping cost should be borne by the employee annually, if there is a revision to the terms of employment.
This way, the organization does not need to worry about covering the cost of employment stamping.
The employer should bear the cost of stamping, as the contract is typically prepared and executed as part of the hiring process. LHDN also considers the employer as the responsible party in the event of late payment penalties.
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