Malaysia Corporate Tax and SST Compliance Services

The standard corporate income tax rate in Malaysia is 24%. However, qualifying Small and Medium Enterprises (SMEs), defined as having paid-up capital of RM 2.5 million or less and gross business income not exceeding RM 50 million, benefit from a tiered preferential rate of 15% on the first RM 150,000 of chargeable income, 17% on the subsequent RM 150,001 to RM 600,000, and 24% on any remaining balance.

Registration for Sales and Service Tax (SST) is generally mandatory when a company's total taxable turnover for a 12-month period exceeds or is expected to exceed RM 500,000, though specific thresholds apply for certain regulated industries like F&B and professional services.

Companies must submit their annual corporate tax return (Form e-C) to the LHDN no later than seven months following the close of their specific financial year-end.

Form CP204 is a mandatory estimate of corporate tax payable to the LHDN. Existing companies (including dormant ones) must file it 30 days before their financial year begins. New companies have 3 months from starting operations, though qualifying new SMEs are exempt for their first two years