Tax Services
and
Consultancy
Dedicated to helping you succeed in business, ASAP's tax practise in Malaysia works closely with you to understand your organisation, your goals, and any unexpected opportunities you may have.
Indirect Tax
From Sales Tax and Service Tax (SST), import/export duty, excise duty, product tariff code classification and valuation, Customs and Trade matters to Goods and Services Tax (GST).
ASAP's Indirect Tax team can help with your indirect tax needs, guiding you through this challenging maze of constantly changing rules and regulations to reduce risk and maximize value.
Corporate Tax Advisory
ASAP combine an in-depth understanding of issues related to corporate taxation with extensive industry experience.
To assist our clients in achieving long-term value and tax-effective outcomes, we adopt a global perspective. Get the brochure to learn more about our extensive offering of services.
Corporate Tax Compliance
The Self-Assessment System (SAS) has shifted the responsibility of tax collection from the Malaysian Inland Revenue Board (MIRB) to taxpayers themselves.
To assist businesses in complying with these requirements, we provide comprehensive tax compliance services. This includes the preparation and review of income tax computations, handling of refund applications for withholding tax and providing support during tax audits, including appeals against notices of additional assessment issued by the MIRB.
Our aim is to ensure that our clients meet all their tax obligations accurately and on time while minimising their tax liability within the bounds of the law
Tax Dispute Resolution
Tax dispute resolution is the process of resolving disagreements between taxpayers and tax authorities regarding tax obligations. It involves negotiating with tax authorities, presenting legal arguments and evidence, and appealing decisions to higher authorities, if necessary. The aim is to resolve disputes in a fair and efficient manner while minimizing financial and reputational risks to the taxpayer.
ASAP can help in achieving certainty quickly, effectively, and in a way that can help develop a productive and respectful relationship with the IRBM on disputed tax issues.
In cases where the revenue determines tax liabilities during the intervention, serious sanctions may be possible. We offer services such as revenue audits, tax control framework and health checks, cooperative compliance framework, tax appeals, settlements, transfer pricing dispute resolution, and tax transparency to help our clients manage these risks effectively. Our team works closely with clients to identify areas of potential tax risk and to establish controls to mitigate those risks, ensuring that they remain compliant with tax regulations while minimizing tax liabilities.
Tax Risk and Controversy
Our audit, appeals, and tax control services help businesses navigate the increasing difficulty and frequency of revenue interventions, data requests, and disputes.
Tax Technology and Transformation
Tax technology and transformation services refer to the use of technology to streamline tax compliance, reporting, and risk management processes, as well as to optimize tax planning and provide real-time tax insights to businesses. It involves the implementation of tax automation solutions, data analytics, and tax technology systems to increase efficiency, accuracy, and transparency in tax management.
This service helps businesses stay compliant with ever-changing tax regulations, reduce tax risks, and identify opportunities for tax savings.
Vat, Customs and Other Taxes
ASAP has a wealth of experience advising clients across all jurisdictions and business sectors. We offer individualized solutions that take into account your needs while lowering costs and reducing risk. Our skilled teams in stamp duty, Relevant Contracts Tax (RCT), customs, and VAT can assist you in operating internationally while ensuring profitability and adherence to local and global regulations.
It can be difficult to stay on top of legislative changes if your business operates across borders or in several different jurisdictions. For your business to continue to succeed, it is crucial to comprehend the effects of these changes.
17-04 Blk B, Austin V Square.
Jln Austin Perdana 2,
Taman Austin Perdana 81100,
Johor Bahru, Johor, Malaysia.
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