11 February 2021, by Nitin Kumar Gordhan and Chiah Kim Chai, Co-Chairpersons Conveyancing Practice Committee
Circular No 061/2021
Dated 11 Feb 2021
To Members of the Malaysian Bar
Stamp Duty Exemption for A Labuan Entity
We have received a letter from Lembaga Hasil Dalam Negeri Malaysia (“LHDN”) informing us of its checklist of documents to be submitted to LHDN for a Labuan entity to enjoy exemption of stamp duty for certain instruments being executed.
Starting from 1 Feb 2021, every application for assessment of stamp duty for a Labuan entity has to be done by submitting it to the Labuan branch via the online STAMPS system.
Please click here (see pages 2 and 3) to view the letter from LHDN and the relevant checklist.
Thank you.
Nitin Kumar Gordhan and Chiah Kim Chai
Co-Chairpersons
Conveyancing Practice Committee
Please click here to view the full circular on our website, or here to view it on our Facebook page