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 authority.

<Language>

• Bahasa Malaysia or English.

<Penalty>

• A penalty ranging from RM20,000 to RM100,000 may be imposed for each year of assessment in which LF is not submitted on time.

  • Reference: Malaysia Transfer Pricing Guidelines 2024