Olivia Luthi wrote:so,as long as you're a working permit,you're considered a resident?the right form to fill in is the income tax return form (BE2004)?
Resident is everyone who resides in Malaysia longer than 6 months in a year, and has income (not necessarily from employment).
The form BE2004 is to fill in if you had only employment income.
If you had any business income, it has to be the form B2004. I guess that around the end of the year, or maybe in February, they may update the forms. I'm also relatively new here, so not absolutely sure.
in your opinion,are income taxes in malaysia relatively cheap?
sorry,it's all new to me.i just wanna be sure.
Yes, the income tax rates are quite low here, but only for the residents with lower income.
With income above RM250,000 and non-resident flat rate (28%) or RM100,000 (27%), it's about the same like in many other countries.