Frequently Asked Questions
Find answers to your most common queries about stamp duty and tenancy agreements.
Stamp Duty
In Malaysia, Stamp duty is a tax levied on a variety of written instruments specified in the First Schedule of Stamp Duty Act 1949. In general terms, stamp duty will be imposed on legal, commercial, and financial instruments.
▪ Easy to retrieve anywhere and anytime
▪ Save time in processing instruments/documents
▪ Systematic and expedite processing
▪ Data safety guaranteed
▪ Reduce cost
▪ Status verification at any time
Tenancy Agreement
The main reason for stamping your tenancy agreement is to provide protection to the parties who signed the contract/agreement, as the document is now admissible in court in case of any dispute.
(Annual Rental - RM2400) divided by RM250 and then multiplied by RM 1, RM 2, or RM 4 according to the duration of your agreement. 1 year or less = RM1, 1-3 years = RM2 and 3 years and more = RM4. RM10 is the charge for stamping a duplicate copy of the agreement.
An instrument may be stamped within 30 days of its execution if executed within Malaysia, or within 30 days after it has been first received in Malaysia if it has been executed outside Malaysia.
If it is not stamped within the period stipulated, a penalty may be imposed as follows:
(a) RM25.00 or 5% of the deficient duty, whichever is the greater, if stamped within 3 months after the time for stamping;
(b) RM50.00 or 10% of the deficient duty, whichever is the greater, if stamped after 3 months but not later than 6 months after the time for stamping;
(c) RM100.00 or 20% of the deficient duty, whichever is greater, if stamped after 6 months from the time for stamping.
(The above rates are effective from 1/1/2003)