Goods and Service Tax (GST) was first tabled at the Parliament during the 2005 Budget in September 2004 as it is to replace the Sales and Service Tax (SST). GST will be charged on all goods and services that is enjoyed in Malaysia or imported into Malaysia. Therefore, companies must have good understanding the new tax ruling and it’s compliance. We are here to assist you on accounting related to GST:
1.GST Monthly Accounts Submission charges from RM 700.00 monthly (GST每月帐户提交);
Accounting Checklist in PDF Version: HC Accts Checklist IPH
2.Registration (RM 300.00) per register and de-registration (RM 150.00) per dis-register;
3. Transfer of going concern @ RM 300 per company;
4. Drafting of transfer of business as a going concern agreement @ RM 300.00 per agreement;
3.Representing clients for Royal Malaysian Custom’s queries @ RM 250.00 per hour;
7.Public seminar, in-house and customized GST training @ RM 2,000 per one work day.