How do I change my company's tax agent in Malaysia?
Appoint the new tax agent through MyTax and remove access for the old one, then hand over the tax file records. Check that the new adviser is approved under s.153. The company stays responsible for filings, so settle any open deadlines first.
There is no penalty for switching, but a clean handover avoids missed deadlines.
Steps:
- Check the calendar. Note upcoming dates for Form C, CP204 revision, Form E and SST returns, and agree who handles each.
- Verify the new agent. Under s.153(1) only approved individuals may act as tax agents, consultants or advisers. Ask for their approval details.
- Update representation on MyTax. The company's director logs in and appoints the new agent and withdraws the old one. LHDN's portal screens and wording change, so follow the current instructions.
- Ask the old agent for a handover: the last filed returns and tax computations, CP204 workings, the capital allowance schedule, brought-forward loss balances, correspondence with LHDN and any open queries or appeals.
- Check the tax position: confirm balances and instalments on MyTax.
- Confirm that LHDN contacts you: make sure the company's own address and email are current.
Fees and files: agents may hold working papers; ask for copies of what you need. The company's accounting records should be with the company in any case.
Responsibility: the company remains accountable for returns even when an agent files them.
Legal basis
- Income Tax Act 1967, s.153(1)
Sources
Applies to YA 2026 · Last reviewed 29 October 2026
General information for business owners, not legal, tax or professional advice. Rules change, so check the sources or ask a licensed professional before you act.
Related questions
- Is a tax agent compulsory for a Malaysian company's tax return?No law requires a company to use a tax agent; a director can file Form C personally on MyTax. But only people approved under s.153 of the Income Tax Act may act as tax agents, tax consultants or tax advisers for a fee.
- What is the corporate tax rate for a small company in Malaysia?A Malaysian resident company normally pays 24% income tax. A company that meets the SME conditions pays 15% on the first RM150,000 of chargeable income, 17% on the next RM450,000 (up to RM600,000), and 24% on anything above that.
- What conditions must my company meet to get the SME tax rates in Malaysia?To use the lower 15%/17% rates, the company must be resident, have ordinary paid-up capital of RM2.5 million or less, and gross business income of RM50 million or less. It must also pass the related-company test and, from YA 2024, a foreign-ownership test.
- Does a dormant company with no income still have to file a tax return in Malaysia?Yes. LHDN says companies that are dormant or have not started business must still register a tax file and file returns. A nil return tells LHDN there is no taxable income, and failing to file can be an offence even when no tax is due.
- What is the Year of Assessment and how does it relate to my financial year?The Year of Assessment (YA) is the calendar year in which your company's accounting year (the basis period) ends. A company with a financial year ending 30 June 2025 reports that income in YA 2025.