19 September 2018
Sales and services tax
Effective 19 September 2018, Malaysia Digital Economy Corporation (MDEC) will implement the Sales and Services Tax (SST) at six percent (6%), in line with the announcement made by the government of Malaysia.
Who will be affected?
All Malaysian companies that submit applications through the Malaysia Digital Economy Corporation (MDEC).
Background:
SST will be set to six percent (6%) effective from 19 September 2018 onwards. The revised rate will be reflected on all transactions at MDEC.
Impact:
Please see the below tables with the revised charges:
- For MSC Malaysia Status company
|
Type of Application |
Charges without SST (MYR) |
Revised Charges with 6% SST (MYR) Effective 19 September 2018 |
| Employment Pass (EP) |
2000.00 |
2,120.00 |
| Dependant Pass (DP) |
500.00 |
530.00 |
| Amendment of Approval Letter |
100.00 |
106.00 |
- For ICT Sector Company
|
Type of Application |
Charges without SST (MYR) |
Revised Charges with 6% SST (MYR) Effective 19 September 2018 |
| Employment Pass (EP) |
2800.00 |
2,968.00 |
| Dependant Pass (DP) |
500.00 |
530.00 |
| Amendment of Approval Letter |
100.00 |
106.00 |
Santa Fe Analysis:
Clients should take note of the revised charges payable to the government authorities.
For more information or assistance please contact:
Sharifah Khalisha
Immigration Manager
Santa Fe Relocation
Malaysia
D: +60 3 7805 4322 Ext. 216
M: +60 19 601 6900
E: sharifah.khalisha@santaferelo.com
Hallie Toh
Regional Immigration Manager
Santa Fe Relocation
Singapore
D: +65 6398 3015
M: +65 9004 6846
E: hallie.toh@santaferelo.com
Soumeya Messadi
Head of Immigration – APMEA
Santa Fe Relocation
Singapore
D: +65 6398 3520
M: +65 9169 6061
E: soumeya.messadi@santaferelo.com
