Malaysia Hotline: +603-2141 8908
Malaysia tax filing will be filed with Malaysian Inland
Revenue Board. Tax filing is the process of preparing tax returns, often income
tax returns, often for a company other than a person. Tax preparation may be
done by the taxpayer with the help of a licensed professional such as licensed
authorized company, certified public accountant or enrolled agent.
In Malaysia, individuals and businesses can use e-Filing to
carry out their annual tax assessment. The Malaysian Inland Revenue Board (IRB)
operates its online system through its e.hasil.gov.my website. Before preparing
tax return, it is a must to do accounting, in term of means to accumulate and
report on financial information about the performance, financial position, and
cash flows of a business. After that, IRB rely on audited financial statements
to determine the accuracy of tax returns filed by the companies.
On the other hand, for income earners with business income
would need to submit their forms latest by the 30th of June each year. The same
procedure will be applicable for both these income earner. However, business
income earners might have to pay a lump sum to income tax as they might not
have adopted the PCB method.
There are several
types of forms for tax filing:
1. Form BE
For individuals who do not have any business sources. This is
the most common form that is used by those who earn a monthly salary.
2. Form B
For individuals who earned business income.
3. Form M
For non-residents who are
working with a monthly salary. This refers to individuals who are not citizens
4. Form MT
For those who own a business in Malaysia.
5. Form P
For those who are in a partnership business.
6. Form C
For Corporate tax.
Tannet's services
included:
1. Personal tax planning in Malaysia and submission of
personal & business income tax;
2. Malaysia Enterprises tax planning, preparation and
submission of company tax returns;
3. Multilateral trade tax planning;
4. Accounting, auditing and tax preparation;
5. Minimization of tax liabilities.
Contact Tannet
If you have further queries, please contact Tannet
24 hours Malaysia hotline：603-21418908;
24 hours Hong Kong hotline：852-27837818;
24 hours China hotline：86-755-
36990589;
Email: mytannet@gmail.com
TANNET GROUP: http://www.tannet-group.net
, http://en.tannet.com.my