{“@context”:”https://schema.org”,”@type”:”FAQPage”,”mainEntity”:[{“@type”:”Question”,”name”:”Does Malaysia have GST?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”No. Malaysia replaced GST with the Sales and Service Tax (SST) in 2018 — Service Tax at 6-8% and Sales Tax at 0%, 5% or 10% depending on the goods.”}},{“@type”:”Question”,”name”:”Is an audit mandatory for every Sdn Bhd?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”Generally yes. Malaysian companies must have their financial statements audited, though limited exemptions exist for dormant or small companies meeting specific thresholds — we can confirm whether your company qualifies.”}},{“@type”:”Question”,”name”:”What is Malaysia’s corporate tax rate?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”The standard rate is 24%. A resident SME with paid-up capital of RM2.5 million or less, business income of RM50 million or less and no more than 20% foreign ownership pays 15% on the first RM150,000 of chargeable income and 17% on the next RM450,000. A wholly foreign-owned Sdn Bhd pays 24% on all of it.”}},{“@type”:”Question”,”name”:”When is the corporate tax return due in Malaysia?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”Form e-C is due within 7 months after the close of the accounting period, with any balance of tax payable by the same date. For a 31 December 2025 year end, that was 31 July 2026, or 31 August 2026 within LHDN’s one-month e-Filing grace period. Financial statements and the tax computation were then due on MITRS within 30 days after that date, by 30 September 2026.”}},{“@type”:”Question”,”name”:”Is my Sdn Bhd exempt from audit in 2026?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”It may be. For financial periods in 2026, a private company is exempt if it meets two of three criteria in the current and previous two years: revenue up to RM2 million, total assets up to RM2 million and up to 20 employees. Public companies, their subsidiaries and foreign companies are excluded, and the limits rise to RM3 million and 30 employees from 2027.”}},{“@type”:”Question”,”name”:”Can a foreign-owned Sdn Bhd get the SME tax rate in Malaysia?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”Not if more than 20% of its paid-up capital is owned, directly or indirectly, by foreign companies or non-Malaysian citizens. It also loses the rate if it controls, or is controlled by, a company with paid-up capital above RM2.5 million. A wholly foreign-owned subsidiary pays 24%.”}},{“@type”:”Question”,”name”:”When does a Malaysian company need to register for service tax?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”Generally when its taxable services exceed RM500,000 in 12 months. The threshold is RM1.5 million for food and beverage, construction and private healthcare services, and some services, such as credit card issuance, have none.”}},{“@type”:”Question”,”name”:”Does a new Sdn Bhd have to pay CP204 tax instalments in its first year?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”Not always. A company that newly starts operations with paid-up capital of RM2.5 million or less is exempt from furnishing estimates for its first two years of assessment, if it keeps that capital level and does not own, or is not owned by, a related company with capital above RM2.5 million. From YA 2024 the exemption does not apply if more than 20% of its capital is foreign-owned, so a foreign subsidiary usually files e-CP204 within 3 months of starting operations.”}},{“@type”:”Question”,”name”:”Does Malaysia tax capital gains on the sale of shares?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”Yes, for companies, LLPs, trust bodies and co-operatives that sell shares in unlisted Malaysian companies, since 1 January 2024. The rate is 10% of the chargeable gain; for shares acquired before 1 January 2024 the seller may instead pay 2% of the gross disposal price. The return is filed, and the tax paid, within 60 days of the disposal.”}},{“@type”:”Question”,”name”:”What is the difference between Pioneer Status and Investment Tax Allowance?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”Pioneer Status exempts income: the company pays tax on only 30% of its statutory income for 5 years. Investment Tax Allowance rewards spending: an allowance of 60% of qualifying capital expenditure incurred within 5 years, set against 70% of statutory income each year. MIDA grants both under the Promotion of Investments Act 1986, and the application must be made before operations or production start.”}},{“@type”:”Question”,”name”:”Can an LLP pay the SME tax rates in Malaysia?”,”acceptedAnswer”:{“@type”:”Answer”,”text”:”Yes. Public Ruling 8/2025 applies the 15% and 17% bands to LLPs registered in Malaysia, using capital contribution in place of paid-up capital, with the same RM2.5 million, RM50 million and 20% foreign ownership limits. LLPs cannot claim a few company reliefs, such as the unlimited small value asset allowance.”}}]} {“@context”:”https://schema.org”,”@type”:”Service”,”serviceType”:”Accounting, Bookkeeping and Tax Compliance”,”name”:”Accounting, Bookkeeping and Tax Compliance”,”url”:”https://vivosgroup.com/my/services/accounting-tax/”,”provider”:{“@type”:”Organization”,”name”:”VIVOS (M) Sdn. Bhd.”,”url”:”https://vivosgroup.com/my/”,”identifier”:”Registration No. 202501057568″,”sameAs”:[“https://vivosgroup.com/”]},”areaServed”:{“@type”:”Country”,”name”:”Malaysia”}}