Contact : 011-72733885

/

eMail : services@atsymgmt.com

新山JB做账报账报税服务-我们希望可以帮助你解决账目和税务上的问题, 让你能专心的为你事业打拼。Tax Firm and Accounting Firm Located in JB. We provide Accountancy, GST, Taxation services for small and medium businesses in Johor Bahru, Johor. Let Us Grow Together. We are your trusted Partner!

Updates of Company tax rate wef 2024

Do you know that the privileges of SME status company will no longer be enjoyed by Company which is being owned by Company incorporated outside Malaysia or owned by a non Malaysian Citizen with effect from YA2024? Foreign owned company is being defined as 20% of shareholding is being owned by Company incorporated outside Malaysia / non Malaysian Citizen.

Lets us recall what is the tax privileges that being enjoyed by a SME in Malaysia

SMENon-SME
Tax rateFirst RM150,000 – 15%
Next RM150,001 – RM600,000 – 17%
Next RM600,001 – 24%
Tax at 24%
Small Value assets (SVA)No restriction on SVA, enjoy 100% CA rate for SVA <RM2,000SVA restricted to RM20,000 per YA
CP204 Enjoy exemption for first 2 YAs upon commencement dateNo exemption available.
Need to submit CP204 within 3 month from Commencement date
EN