Tax Compliance & Advisory

In Malaysia, the taxation system plays a significant role in generating revenue for the government and funding public services and infrastructure. The main tax authority in Malaysia is the Inland Revenue Board of Malaysia (IRBM), which oversees the administration and collection of taxes.

Here are some of the taxes in Malaysia (the list is not exhaustive):

1. Personal Income Tax
2. Corporate Income Tax
3. Sales and Service Tax (SST)
4. Real Property Gains Tax (RPGT)
5. Stamp Duty
6. Withholding Tax
7. Capital Gains Tax

It’s important for individuals and businesses operating in Malaysia to comply with the relevant tax laws and regulations to avoid penalties and legal issues. Taxpayers are required to file their tax returns and make timely payments according to the prescribed deadlines. Additionally, seeking advice from tax professionals or consulting the Inland Revenue Board of Malaysia (IRBM) can help ensure compliance with tax requirements.

Our team will help you to understand and address tax risks, allowing you to successfully manage your tax obligations. With a proven track record in working with multiple organizations across different jurisdictions, our corporate tax specialists delivered tailored advice and insights to reach your optimum tax position.

In the midst of uncertainty, Wanconnect leads you on opportunities and confidence in solving the dynamic fast changing of tax implications.

Our services include:

• Corporate Tax Compliance
• Individual Tax Compliance
• Transfer Pricing Services
• Tax Consultancy and Advisory
• Tax Audit and Investigation
• Other Tax such as Real Property Gain Tax