Tax Compliance & Advisory
Comprehensive support for personal income tax, corporate tax, and SST compliance
Navigating Malaysia’s complex tax legislation can be challenging, and non-compliance can lead to hefty penalties. Appointing a MOF licensed tax agent is essential to ensure adherence to regulations and to optimise your tax strategy. At SSAM Group, our expert team is dedicated to helping you meet tax requirements efficiently and avoid costly penalties.
You will have access to our suite of services:
- Application of tax file number
- Personal tax computation (Resident and Non-resident)
- Corporate tax computation
- LLP tax computation
- Associations tax computation
- Deceased Person’s Estate tax computation
- Tax audits – for individuals and corporate
- Form E, Form P and Form CP204 submission
- Closure of tax files
- Application for tax refund
- Transfer pricing documentation
- Tax advisory services
- Update on latest tax news
Frequently Asked Questions
What is a tax consultant and why do I need one?
A tax consultant is a licensed professional who assists individuals and businesses in preparing and filing their tax returns, ensuring compliance with Malaysian tax laws and maximising potential tax savings.
What are the risks of filing taxes on my own?
Filing taxes without professional assistance can lead to errors, resulting in penalties, fines, or even legal issues.
What are the tax rates for SMEs in Malaysia for the year 2024?
As of 2024, SMEs in Malaysia enjoy a preferential tax rate of 15% on the first RM150,000 of chargeable income and continues up to 24%. However, the preferential rate is only applicable if the company meets specific conditions.
What happens if my company does not qualify as an SME?
If your company does not meet the SMEs conditions, it will be subject to the standard corporate tax rate of 24% on chargeable income.
What Sdn. Bhd. and LLP tax services do you provide?
Our services include corporate tax computation, LLP tax computation, and the preparation and submission of forms such as Form C, Form PT, and Form CP204. We also assist with tax audits, tax advisory, and closure of tax files.
Do you help with tax audits and investigations?
Yes! We offer tax audit support for both individuals and corporate entities, guiding you through the process and ensuring that your records are in order to minimise potential penalties.
What other specialised tax services do you offer?
Our specialised services include tax computation for associations and deceased persons’ estates, transfer pricing documentation, application for tax refunds, and ongoing updates on the latest tax news to keep you informed.
Why should you choose SSAM Group to provide tax services?
Our firm provides expert tax advisory and compliance services tailored to your specific needs. With a deep understanding of Malaysian tax laws and a commitment to staying updated on the latest regulations, we ensure that your tax matters are handled accurately and efficiently, giving you peace of mind and avoiding costly penalties.