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Stamp Duty Service Agreement Malaysia

Exemption from stamp tax on instruments executed by a life-saving contractor or developer, i.e. a contractor or developer designated or approved by the Minister of Housing and Local Government to carry out renovation work on an abandoned project. Instruments are loan agreements and transfer instruments approved by the approved financier for the purpose of transferring resuscitated housing from the abandoned project. This applies to instruments executed by the contractor or developer who saves on january 1, 2013 or after January 1, 2013 and no later than December 31, 2020, no later than December 31, 2025. Exemption from stamp duty on the deed of transfer and loan agreement for the purchase of a dwelling worth RM300,001 to RM2,500,000 of Malaysian citizens in the context of the 2020/2021 housing campaign: stamp tax on all instruments of a property rental agreement, which is concluded between a client and a financier in accordance with the Syariah Principles for the Restructuring or Restructuring of an Islamic Finance Facility existing; the instrument made available to the existing Islamic Financing Facility has been duly stamped, to the extent of the tax payable, on the balance of the nominal amount of the existing Islamic Finance Facility.

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