Key Compliance Essentials to Malaysia Corporate Income Tax
5 minutesCorporate Income Tax (CIT) in Malaysia is a direct tax imposed on all businesses, including resident and non-resident companies, operating within the country. Governed by the Income Tax Act 1967 and regulated by the Inland Revenue Board of Malaysia (IRBM), CIT applies to all income generated locally, such as profits, dividends, royalties, and premiums. The tax rates may vary depending on the company’s status, making it essential for newly established businesses to understand the relevant CIT obligations for successful compliance and growth.
