Taxation
Tax Return
Filing for Malaysian businesses
Enjoy stress-free tax submissions. No unexpected year-end events—just dependable expert tax assistance.
Enjoy complete peace of mind with LBCO.
More than
just a registered
Tax Agent
Gain insights into how our app has revolutionized managing portfolios, making informed decisions, and achieving financial success.
Our Services
All in one compliance
Upgrade your company secretary services and experience peace of mind managing your business.
Experienced tax team
Having experts by your side makes tax filing a breeze. With our continuous tax assistance, you'll never stress over deadlines again.
No deduction left unclaimed
Our top-notch team guarantees an exceptional tax return. With LBCO's bookkeeping and tax services, you're assured of claiming every deduction & tax relief you're entitled to.
No detail too small
Our Premium plan offers comprehensive tax and bookkeeping support, ensuring everything is neatly organized and accessible at every stage.
How it Works
What you get with our Tax Services
No matter your business phase, LBCO has your back. We provide complete tax support, preparation, and filing services from start to finish.
One-on-one
expert support
LBCO gives you a dedicated tax team so you have a direct line to your own experts–professional support is just a few clicks away.
Year-round tax support
Tax time stress isn’t limited to tax season. That's why we provide continuous advisory services, including as-needed and unlimited tax consultations. With regular check-ins all year, your tax team ensures no deduction is overlooked.
We file your taxes
Once you're satisfied with your return, your personal Tax Coordinator will gather all the required documents and forms.
Following this, your LBCO will oversee the preparation, review, and timely submission of your income tax return, ensuring punctuality every step of the way.
Tax Dealines
Income tax filing deadlines
Don't wait until the very end to start preparing for your tax filing. Consider this your tax filing deadline reference.
Individuals, Sole Proprietors
and Partnerships
March 31
Employers have to submit Form E which is a declaration made by the employer to LHDN.
April 30
Form BE due April 30 is for individuals who only received non business income (employment income, rental, royalties, etc.).
June 30
Form B due June 30 is for individuals with received business income. For partnerships, Form P is also required to be submitted.
Sdn Bhd and Limited Liability Partnership (LLP)
March 31
Employers have to submit Form E which is a declaration made by the employer to LHDN.
7 months after year end
The income tax return for Sdn Bhd (Form C) and LLP (Form PT) have to be submitted within seven(7) months after the financial year end.
30 days before start of financial year
Companies and LLPs in operation must submit CP204 not later than 30 days before the commencement of the basis period for a year of assessment.
We've got answers
Any doubts? We're here to help you
Browse through our frequently asked questions to find answers regarding income tax.
You can deduct a wide range of business expenses, including employee salaries, office rent, utilities, business supplies, professional fees, and marketing costs, as long as they are directly related to earning your business income.
Yes, you are required to file a tax return even if your business did not make a profit, as it helps document your business activities and financial situation for the year.
Keep detailed records of all business transactions, receipts, invoices, expenses and payment details for reliefs for at least seven years, as these are needed to support your tax filings and deductions.
For sole proprietors and partnerships, business income is taxed at the individual's progressive tax rates, ranging from 0% to 30%.
Companies are taxed at a flat rate, which is currently 24% for most companies, with reduced rates (15% /17%) for SME.
Missing the deadline can result in penalties, including fines and interest on the unpaid tax amount. It's important to file on time or apply for an extension if you anticipate a delay.
Yes, Malaysia offers various tax incentives for SMEs, including reduced corporate tax rates for the first RM 600,000 of chargeable income, investment tax allowances, and deductions for specific activities that promote growth and innovation.
Our customer success stories
Discover how businesses like yours transformed with our complaince services. Real stories of growth, innovation, and success.
Elevating Efficiency, Securing Growth for Aeros Geotech
Helping Docquity navigate challenges: regulatory compliance
Improving Polyflex Packaging efficiency: streamlining processes
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