Malaysia
malaysia

Malaysia: Public Ruling on Change of
Accounting Period Updated

The Inland Revenue Board of Malaysia published Public Ruling No. 4/2025, outlining requirements for companies and limited liability partnerships to notify the Director General of Inland Revenue about a change in their accounting period. Key updates include an exemption from submitting the Estimate of Tax Payable Form (CP204) for newly established small companies with paid-up capital of not more than MYR 2.5 million (in specific YAs). The update also clarifies that tax estimates may be revised in the 6th, 9th, or 11th month of the basis period.

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