Accounting & Tax Compliance for Malaysia
Bookkeeping, VAT/GST, payroll and reporting for businesses in Malaysia, delivered by GstMan and Apskaita Solutions.
Accounting and tax in Malaysia at a glance
| Item | Summary (indicative, October 2026) |
|---|---|
| Authority | LHDN (Inland Revenue Board) and Royal Malaysian Customs |
| Indirect tax | Sales and Service Tax (SST): sales tax 5% or 10% on goods; service tax rates apply to specified services. |
| Corporate tax | Corporate income tax 24% (SME rates lower). |
Rates and thresholds change. Verify with the national tax authority. Statutory sign-off may require a locally licensed professional.
Typical compliance calendar
- Bi-monthly SST returns
- Annual tax return (Form C)
- SSM annual return and financial statements
- EPF/SOCSO/EIS payroll
- E-invoicing rolling out in phases.
What GstMan and Apskaita Solutions handle
- Outsourced bookkeeping and accounting
- Accounts payable and receivable management
- Payroll processing
- VAT / GST return preparation
- Management reports and KPI dashboards
- Year-end accounts and tax computation support
- Software setup (Xero, QuickBooks, Zoho Books, Sage, Tally)
- AI-based reconciliation and automation
Businesses we support
For Indian founders, NRIs and cross-border businesses
Indian professionals in Malaysia need DTAA and Indian-income filing. We also coordinate Indian filings (GST, ITR, FEMA) for cross-border structures and NRIs. See NRI tax filing from Malaysia.
Delivered with Apskaita Solutions
GstMan collaborates with Apskaita Solutions, a bookkeeping and accounting outsourcing firm with US GAAP focus and global clients, offering 24/7 global support, AI-driven reconciliation and virtual finance teams. Local statutory sign-off is coordinated with licensed professionals in Malaysia where required.
Frequently asked questions
Can GstMan handle accounting for businesses in Malaysia?
Yes. We provide bookkeeping, payables/receivables, payroll, VAT/GST return preparation and reporting with our partner Apskaita Solutions, and coordinate local licensed advisers for statutory sign-off.
Which accounting software do you use for Malaysia clients?
We work in the software you prefer, such as Xero, QuickBooks, Zoho Books, Sage or Tally, and can set it up for you.
How do I start?
Message us on WhatsApp or send the enquiry form with your business type and country. We will share a scope and proposal.
