Malaysia Tax Law

Following are the categories that require you to declare your income tax under Malaysia Tax Law:

  1.  All person stay in Malaysia more than 182 days are considered as resident of Malaysia.
  2.  All person who stay in Malaysia less than 182 days are regard as non-resident and will be taxed on different scale.

The deadline for filing income tax in Malaysia is on 30th April every year for manual filing and as for via e-filing will be on 15th May every year.

Malaysia Taxation LHDN logoAccording to the Inland Revenue Board Malaysia (IRBM), companies, Limited Liability Partnerships, Trust bodies and Cooperative Societies need to submit their Income Tax Revenue Form (ITRF). Every taxpayer who is liable to be tax is required to declare his income to IRBM.

The Taxpayer is responsible for:

  1. Obtaining and submitting Income Tax Return Form.
    A company needs to send or return the ITRF that has been filled without any documents attached along, to the Information Processing Centre of IRBM within 7 months after the close of the accounting period.
  2. Submitting tax estimation and paying the installment within the required period.
  3. Company tax computation.
  4. Declare income and expenses including all the deductions and rebates
  5. Keep the records for audit purpose.

AMACC Corporate Services will act as your tax consultant, providing you with following services in the area of taxation-related:

For personal income tax:

  • Personal tax (Form B and BE ) compliance and filing.

For Company income tax:

  • Corporate tax compliance and filing
  • Corporate tax computation
  • Submission of form C
  • Advise on calculation, reminder, submission on form and payment of CP 204 form