Kenanga Will Series Brochure
Kenanga Wasiat Series Brochure
Kenanga Trust Series Brochure
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The Government of Malaysia has published the Service Tax (Amendment) Regulations 2025 [P.U. (A) 172] and Service Tax (Rate of Tax) (Amendment) Order 2025 [P.U. (A) 173] (collectively the “Gazette”) on 9 June 2025. The Royal Malaysian Customs Department (“RMCD”) has also issued the Service Tax Policy No.1/2025 (Amendment No.3) on 17 October 2025.
Following these amendments, trustee services are not exempted under Taxable Person or Taxable Service, Group H of the amended regulations. As such:
Implication to the industry
All licensed trust companies providing financial services involving fees, commission or sales charges are required to comply with service tax requirements.
Should you require further clarification, please reach us at our toll-free number 1-800-88-3737 or via email at trustees@kenanga.com.my.
Thank you.
Yours sincerely,
for KENANGA TRUSTEES BERHAD