Malaysia

Individual - Significant developments

Last reviewed - 16 June 2026

Limited liability partnership (LLP) profit distribution

With effect from year of assessment 2026, a 2% tax is imposed on chargeable income in respect profit distributions from LLPs received by individual partners (resident and non-resident) exceeding 100,000 Malaysian ringgits (MYR) per year. The tax is applied on the chargeable income from such profit distributions after allowable reliefs and deductions.