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Over the past few months, we have seen how the COVID-19 pandemic has impacted businesses around the world.  As businesses think through their situation during this challenging time, there is no doubt that compliance with regulatory requirements is one of the keys to a sustainable business.  

Given the business changes in response to consumer behavior and the current market situation, businesses should be mindful of the challenges in complying with the Price Control and Anti-Profiteering Regulations 2018.  Our subject matter experts have put together some key considerations in managing compliance with the regulations, which can be accessed via the above link.

How KPMG can help?

At KPMG, we have been working closely with the Ministry of Domestic Trade and Consumer Affairs (“MDTCA”) in addressing various issues faced by businesses from a price control and anti-profiteering perspective.  For more details, please click on the above link on how we can assist businesses to remain compliant.  

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

Contact KPMG

For more information on our core service offerings, please contact:

Ng Sue Lynn
Executive Director 
Head of Indirect Tax
+ 603 7721 7271

Yap Choon Ling
Indirect Tax Practice
+ 603 7721 7207