HYCO's integrated advisory ecosystem helps Malaysian businesses scale from RM1 million to RM100 million — connecting legal, finance, tax, HR and governance expertise.
Malaysia operates mostly under a self-assessment regime for income tax. Under the Income Tax Act 1967, residents are taxed on income derived from Malaysia, and non-residents on Malaysian source income. Chargeable income is computed by aggregating all taxable sources such as salary or wages, business or trade income, dividends, interest, royalties, rental income then applying allowable deductions, reliefs, personal allowances, and incentives where applicable.
