Malaysia and Australia have signed an Avoidance of Double Taxation agreement.

All income of companies and individuals accrued in, derived from or remitted to Malaysia are liable to tax. Exemptions are made to income remitted to Malaysia by resident companies (other than companies involved in banking, insurance, air and sea transportation), non-resident companies and non-resident individuals.

Tax rates applicable include:

  • company tax
  • personal tax
  • withholding tax
  • real property gains tax
  • sales tax
  • service tax
  • import duty
  • excise duty
  • double taxation.

In addition, Malaysia offers a wide range of tax incentives.