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Advantages of Malaysia Corporate Formation

Update Date:2018-3-9 10:37:02     Views:582

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Advantages/ Benefits of Malaysia Corporate Formation:
1. Set up with a paid-up capital of RM2.5 million or less and enjoy a preferential tax rate of 20% for the first RM500K of chargeable income.
2. With Malaysia corporate (Sdn Bhd) entity, the directors will be deemed as employees. They will be allowed to draw salaries to the normal statutory deductions such as EPF & SOCSO.
3. Compensation package that includes benefits such as a corporate car, driver & handphone can be structured and is taxed at a preferential amount.
4. Malaysia corporate (Sdn. Bhd) is a limited liability corporate. As such the risk to the shareholder is limited to the amount of capital injected into the corporate. Land Surveyor faces relatively high risk and possibly being sued. Therefore, some land surveyors choose to obtain insurance protection for the corporate.


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