Should You Outsource Payroll in Malaysia? Benefits, Costs & Considerations
Payroll is one of those business functions that seems simple until it isn’t.
As your business grows, payroll becomes more than just paying salaries. Employers in Malaysia are responsible for …
Withholding Tax (WHT)
What Is Withholding Tax?
Withholding Tax (WHT) is a tax deducted and paid to Lembaga Hasil Dalam Negeri (LHDN) when a Malaysian company makes certain payments to non-residents.
This commonly …
Beneficial Ownership (BO)
What Is Beneficial Ownership?
Beneficial Ownership (BO) refers to the individual who ultimately owns or controls a company, whether directly or indirectly.
Under the Companies Act 2016, companies in Malaysia …
PCB (Potongan Cukai Bulanan)
What Is PCB?
PCB, also known as Potongan Cukai Bulanan or Monthly Tax Deduction (MTD), is a monthly tax deduction made by employers from an employee’s salary on behalf of …
SST Registration
What Is SST Registration?
Sales and Service Tax (SST) registration is a mandatory requirement for businesses in Malaysia that meet the taxable threshold set by the Royal Malaysian Customs Department …
Financial Statements / Audited Financial Statements (AFS)
What Are Financial Statements?
Financial Statements are official financial records that show the financial position and performance of a company.
They are typically prepared annually and may include:
- Statement of
Form E (Employer’s Return)
What Is Form E?
Form E is a mandatory annual submission to Lembaga Hasil Dalam Negeri (LHDN) by employers in Malaysia.
It reports employee income information, salary payments, benefits, and …
CP204 (Estimate of Tax Payable)
What Is CP204?
CP204 is a mandatory tax estimate submission to Lembaga Hasil Dalam Negeri (LHDN) for companies in Malaysia.
It informs LHDN of the estimated tax payable for the …
Annual Return (AR)
What Is an Annual Return?
An Annual Return (AR) is a mandatory submission to SSM that updates your company’s latest information, including:
- Directors
- Shareholders
- Registered address
- Business activities
- Company secretary
