Property Investment And Investment Holding Company Companies in Malaysia

Property investment and investment holding companies in Malaysia are subject to the Companies Act 1965 and the Income Tax Act 1967. The Companies Act requires all companies to be registered with the Registrar of Companies, and the Income Tax Act provides for the taxation of companies.

The Companies Act requires that a company must have a registered office in Malaysia, and that its directors and officers must be resident in Malaysia. A company must also maintain a register of members, and file annual returns with the Registrar of Companies.

The Income Tax Act provides for the taxation of companies at a rate of 30%, and also provides for the deduction of tax at source from dividends paid to shareholders.

A company must pay tax on its profits, and on any gains from the disposal of property. A company is also subject to stamp duty on the transfer of property.

A company may elect to be taxed as an investment holding company, and if it does so, it will be taxed at a rate of 10%. An investment holding company is a company that holds shares in another company, and which derives its income from dividends and capital gains.

The Companies Act and the Income Tax Act provide for a number of exemptions and reliefs from tax, and these include exemptions for certain types of income