If you are a business owner in Malaysia, it is essential to comply with the Sales and Services Tax (SST) regulations. The SST is a consumption tax that replaced the Goods and Services Tax (GST) in 2018. As a result, businesses must ensure they meet the requirements for the SST to avoid penalties and fines. That’s where SST accounting services in Malaysia come in to assist you.
The Royal Malaysian Customs Department has reintroduced Sales and Service Tax (“SST”) with effect from 1 September 2018. SST is governed by two (2) separate laws which are the Sales Tax Act 2018 and Service Tax Act 2018. The above Acts have numerous Standard Operating Procedures which need to be complied with. Non-compliance will result in a reassessment of tax plus hefty penalties and fines.
AdrianYeo is a reputable accounting firm in Malaysia, offering comprehensive SST accounting services to businesses of all sizes. Their team of experts specializes in SST compliance, planning, and advisory services, ensuring that their clients meet the SST requirements while minimizing their tax liabilities. AdrianYeo’s commitment to staying up to date with the latest SST regulations and best practices ensures that their clients receive accurate and reliable advice.
AdrianYeo has the expertise, tools, and multi-disciplinary approach to deliver the solutions your need for your SST compliance obligations.
Our SST services include:
- Registration for sales tax and/or service tax
- Review of sales tax and service tax returns
- Health checks
- Retainer services
- Advisory services pertaining to sales and goods and services tax implications for business activities and/or specific transactions
- Managing customs audits
- Managing customs ruling applications
- Provide best practice advice across a range of industries
Reaching Us SST Accounting Service in Malaysia
Managing a business can be challenging enough without having to wonder if the tax planning process is on track. All businesses should work with a firm that can provide reassurance that they are in the best tax position possible. If you are looking for assistance tax planning and compliance, AdrianYeo can help. For additional information call us at +60 3-7802 3333 or request for a callback to speak to one of our audit managers.