of Tax Files
Income tax in Malaysia is territorial. Tax is imposed only on income that has a Malaysian source. Where its source is outside Malaysia, income is taxable here only if it is remitted2 into Malaysia and only in the hands of persons who are resident here.
All taxable persons (Companies or Individuals) in Malaysia are required to register with the Inland Revenue Board once they become taxable.
We will assist in the registration of the new tax payers to ensure compliance with the Malaysian Income Tax Legislation. Kindly note that failure to register as a taxpayer and paying tax upon income earned from a Malaysian source will constitute an offence under the Act and subject the taxpayer to heavy penalties.