The Inland Revenue Board of Malaysia (LHDN) has announced a Special Voluntary Disclosure Programme (SVDP) for Stamp Duty 2026 , offering businesses and individuals a limited window to regularise previously unstamped or late-stamped documents without any penalties . This programme provides a practical and low-risk way to clean up historical compliance issues before enforcement action or audits arise. What is This Programme About? The SVDP allows taxpayers to voluntarily submit eligible...

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...