A Welcome Move by Kastam Date: 29 October 2025 When construction work services were first brought under Service Tax in July 2025, the entire contract value (covering both services and materials) was taxable. In response to industry feedback, the Royal Malaysian Customs Department (RMCD) has now issued Service Tax Policy No. 7/2025  to make the rules fairer and more practical. Under the new rule, starting 1 July 2025, if a contract clearly separates the value of goods (for example, building...

The Strategic Advantage of Being an Exempt Private Company An exempt private company (EPC) that meets the requirements may file a Certificate Relating to An Exempt Private Company (Certificate of Status) with the Companies Commission of Malaysia (CCM) instead of lodging MBRS (XBRL)   financial statements. This approach keeps the company’s financial information confidential - financial details are not available for public inspection or purchase.   Definition of an Exempt Private Company An...

The Government of Malaysia requires a Tax Compliance Certificate (TCC)   from bidders/suppliers when participating in government procurement. The certificate is generated and checked via the MyTax  portal. Application Process Flow is available here .   Frequently Asked Questions (FAQ) The FAQ will help you understand eligibility, how to view your status, and what to do if you are marked Non‑Compliant.   What is the Tax Compliance Certificate (TCC)? TCC is a prerequisite document that must be...