{"id":226,"date":"2023-03-20T12:06:01","date_gmt":"2023-03-20T04:06:01","guid":{"rendered":"https:\/\/foundingbird.com\/?p=226"},"modified":"2023-04-11T21:04:42","modified_gmt":"2023-04-11T13:04:42","slug":"taxes-for-sdn-bhd-company","status":"publish","type":"post","link":"https:\/\/foundingbird.com\/my\/blog\/taxes-for-sdn-bhd-company","title":{"rendered":"6 important company taxes in Malaysia (with tax rates of 2021)"},"content":{"rendered":"\n
Running your business as a separate legal entity through a private limited company<\/a> provides you with benefits such as personal financial security and access to funding, but it also requires compliance with laws and regulations in Malaysia. One of the most concerning compliances that many entrepreneurs face is taxes as required by the Inland Revenue Board (LHDN)<\/a> and the Royal Malaysian Customs Department (RMCD)<\/a>. Understanding each company tax requirement can put you at ease on this matter so that you put more focus on growing your business.<\/p>\n\n\n\n Corporate tax<\/a> is governed under the Income Tax Act 1967<\/a>, which applies to all companies registered in Malaysia for chargeable income derived from Malaysia including business profits, dividends, interests, rents, royalties, premiums and other income.<\/p>\n\n\n\n1. Corporate tax<\/h2>\n\n\n\n
Tax rates of corporate tax (as of Year of Assessment 2021)<\/h3>\n\n\n\n