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Malaysia Tax Information

10% sales / 8% service

SST: 10% sales tax on goods, 8% service tax. GST was abolished in 2018.

Consulting Services to Invoice

  • Strategy consulting
  • Management consulting
  • Advisory services
  • Workshop facilitation
  • Retainer arrangements
  • Project consulting

Invoice Requirements in Malaysia

SST registration number
Business registration
Client details
SST breakdown
Total in MYR

Payment Terms

Net 30 is standard. Milestone payments for large engagements.

CashNet 30Net 60End of Month

Payment Methods in Malaysia

Bank TransferDuitNowFPXCredit CardTouch 'n Go

Consulting Invoice Tips

  • Include professional credentials
  • Break down phases clearly
  • Document deliverables
  • Consider value-based pricing
  • Reference engagement letter

Frequently Asked Questions

What tax rate applies to consulting invoices in Malaysia?

Malaysia has 10% sales / 8% service. SST: 10% sales tax on goods, 8% service tax. GST was abolished in 2018.

What payment methods are common for consultings in Malaysia?

Common payment methods in Malaysia include: Bank Transfer, DuitNow, FPX, Credit Card, Touch 'n Go. Net 30 is standard. Milestone payments for large engagements.

What should consulting invoices include in Malaysia?

Your invoice should include: SST registration number, Business registration, Client details, SST breakdown. For consulting services specifically, also include: Strategy consulting, Management consulting, Advisory services.

How should consultants structure invoices?

Include engagement reference, billing period, hours or deliverables, expenses, and payment terms.

Should consultants charge for travel?

Yes, charge 50% of hourly rate for travel or include in project fee. State policy upfront.

Does Malaysia have GST?

No, GST was abolished in 2018. Malaysia now uses SST.