Office: +60384081680 | Advisory: +60108242527 (whatsapp)
To do better & profitable business & investment in Malaysia, you must know - legal company rules, responsibilities as a director, taxation & banking, ROI & all. Many people loses a smooth business chance because they don't know their responsibility, govt rules, tax strictures, pros & cons. As business & investment consultants we are helping our foreign & local clients to know them full. From Tax to SST any thing as owners & directors you need to know to continue a profitable & good business in MALAYSIA.
The following income is taxable:
Profits, salary, interest, dividend, royalty, vehicle, property, consumption and some others income is taxable.
Tax is exempted from the following items:
Education charge is tax free due to given higher priority by the government
- Medical and childcare income
- Journal, magazine or book buyer
- Broadband users
- Relief of disable persons
- Some Gifts
** Only when income is generated tax will be applicable. No income no tax.
Company tax return policy in Malaysia
As a private/ public limited company shall pay taxation within seven months of company incorporation and submit tax return by first quarter of the year. After selling any product or services within three months entity shall prepare to submit CP204 to Inland Revenue Board. Tax rate usually 17% to 26% depends on taxable income, local & foreign director ship ratio.
You can not play with investment & business or be careless in execution. Here we can help to deal it with more serious concern, we provide a full one stop corporate business service in Malaysia - Company secretary, Licensing advisory, Accounting, Audit & Taxation facility. Also supporting your to learn & continue your part in Business as per rules & law.
Contact us to know & get a full training or seminar brief from expert company secretaries, expert accountants & legal advisors.
LIM & ANI ASSOCIATES SDN BHD
+60108242527 (imo, whatsap & Viber)
+60384081680 (land line)
M-F: 10am - 5pm
+60384081680 (Land Line)