Tax Services

🌍 What Is Withholding Tax? When you pay someone overseas, you must keep a portion (8%–10%) and pay it to LHDN. It applies to: . Foreign creators or entertainers. Foreign services. Foreign platforms (Google/Facebook ads) Example: Pay RM100,000 → ⏳ Must pay within 1 month or penalties apply. MALAYSIA WITHHOLDING TAX EXPLAINED

Year Assessment 2020: Percentage Company with paid up capital not more than RM2.5 million  On first RM600,000 17%  Subsequent Balance 24% Company with paid up capital more than RM2.5 million 24% Year Assessment 2019: Percentage Company with paid up capital not more than RM2.5 million  On first RM500,000 17%  Subsequent Balance 24% Company with paid …

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