15/08/2026
đź’ˇ Did You Know?
Paying an overseas company? Withholding Tax (WHT) may apply.
For certain payments made to a non-resident company, 10% WHT may apply on the gross payment.
📌 Key points to remember:
• WHT is generally required to be paid to the IRB within 1 month from the date of payment.
• Non-compliance may result in a 10% penalty.
• The related expense may be disallowed as a tax deduction if the WHT requirements are not complied with.
• If the WHT is not withheld from the overseas company, the Malaysian company may have to bear the WHT cost.
Stay informed and ensure your overseas payments are properly reviewed for WHT requirements.
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