Stamp Duty On Contract Agreement Malaysia
If it is not stamped within the period stipulated a penalty of.
Stamp duty on contract agreement malaysia. Rm120 rm10. For second copy of tenancy agreement the stamping cost is rm10. Please contact us for a quotation for services required. Payable stamp duty rm30 000 rm250 x rm4 120 x rm4 rm480.
Loan agreement loan instrument. Penalty stamp duty an instrument may be stamped within 30 days of its execution if executed within malaysia or within 30 days after it has been first received in malaysia if it has been executed outside malaysia. In summary the stamp duty is tabulated in the table below. I got the following table from the lhdn office.
Ringgit malaysia loan agreements generally attract stamp duty at 0 5 however a reduced stamp duty liability of 0 1 is available for rm loan agreements or rm loan instrument without security and repayable on demand or in single bullet repayment. Figures will be rounded up. Home malaysia law firm malaysia law statutes legal fee stamp duty for sale purchase agreement loan the calculation formula for legal fee stamp duty is fixed as they are governed by law.