Navigating Malaysia’s 2025 Dividend Tax Changes: Essential Insights for Investors

Introduction Malaysia is introducing a 2% tax on dividend income starting in Year of Assessment (YA) 2025. This tax will apply to individuals who earn more than RM100,000 annually in dividends, with only the amount above RM100,000 being taxed. Both Malaysian residents and non-residents are subject to this rule. For example, if you received RM120,000 […]

Mandatory documents submission via MITRS starting YA2025: New Requirements You Need to Know

Introduction The Malaysian Income Tax Reporting System (MITRS) is a pivotal digital initiative introduced by the Inland Revenue Board of Malaysia (LHDN) to simplify tax compliance and modernize document submission processes. This platform aligns with Section 82B of the Income Tax Act 1967 (ITA), ensuring greater efficiency and accuracy for taxpayers, particularly companies and Limited […]

POSH Corporate: Your Trusted Partner for Corporate Secretary and Tax Solutions

In Malaysia’s dynamic business environment, staying compliant with regulations and optimizing tax strategies are critical for success. At POSH Corporate, we specialize in providing comprehensive company secretarial and tax advisory services to help businesses streamline operations, ensure compliance, and achieve their goals with confidence. Our Services Company Secretary Services We simplify corporate compliance and governance, […]

How to apply for MDEC’s Malaysia Digital tax incentive for digital companies

The Malaysia Digital Economy Corporation (MDEC) is extending a helping hand to tech companies! Their Malaysia Digital (MD) Tax Incentive offers significant tax breaks and financial benefits specifically for businesses leveraging digital technologies. If you’re a digital entrepreneur looking to establish or expand your footprint in Southeast Asia and seize this exciting opportunity, here’s a […]

How to Find Out Your Tax File Number (TIN) with LHDN in Malaysia

Having trouble locating your Malaysian Tax File Number (TIN)? Don’t worry, this guide will walk you through several methods to retrieve it. The TIN, also known as the Tax Identification Number , is vital for filing tax returns electronically and accessing various tax benefits. Here are the ways to find your TIN with LHDN: 1. […]

A Comprehensive Guide to Tax Clearance (Malaysians & Foreigners)

Are you waving goodbye to Malaysia for an extended period? Whether you’re a Malaysian citizen or a foreign resident, obtaining a tax clearance certificate (known as “Surat Penyelesaian Cukai” or SPC) is crucial before your departure. This document verifies that you have settled all outstanding tax liabilities with the Malaysian government, ensuring a smooth exit […]