The Inland Revenue Board of Malaysia has published Public Ruling No. 9/2019 on Residence Status of Companies and Bodies of Persons, which is the second edition of a ruling first published in 2011.
The Public Ruling provides that, in general, a company or a body of persons is resident in Malaysia for the basis year for a year of assessment if at any time during the basis year the management and control of its business or of any one of its businesses are exercised in Malaysia or, if not carryi…