18. Malaysia

Last updated: November 20, 2025

Monetary threshold for LF preparation

​ Applicable if any of the following criteria are met:

• Gross income exceeds MYR 30 million and the value of cross-border controlled transactions exceeds MYR 10 million.

• Financial assistance exceeds MYR 50 million.

Preparation deadline

• Within 7 months after the end of the fiscal year.

Submission deadline

• Within 14 days of a request by the tax authorities.

Language

• Malay (Bahasa Malaysia) or English.

Penalty

• A penalty ranging from MYR20,000 to MYR100,000 may be imposed for each year of assessment in which the LF is not submitted on time.

  • Reference: Malaysia Transfer Pricing Guidelines 2024