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Taxation in Malaysia
All companies and individuals in Malaysia, or from abroad into Malaysia obtained all income shall be taxed. But resident companies (except for Banks, insurance companies, air and shipping operators), a non-resident companies or foreign residents individual can obtain income tax exempt.

Income Tax
From 2004, Malaysia resident individuals bring income from foreign into the Malaysia, income tax exempt in Malaysia.

In order to make the taxation management system modernization and more efficient, income tax assessment has changed since 2000 year tax assessment. In 2001, the company has been in the tax on self assessment system replace official evaluation system. The evaluation system has been implemented in 2004, cooperative partnership enterprise solely and with salaried employees.

Besides, there are other income tax as the direct taxation and real estate tax on, such as sales, service and indirect taxation, taxes, import taxes and export duties.

Malaysia Company of Taxation Corporate Profile in Business Directory News, Financial Statement, Annual Report & Market Share Prices


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