The Inland Revenue Board of Malaysia (IRBM) has on 6 June 2025 announced several exemptions on the imposition of stamp duty on employment contracts in Malaysia.
This is the summary of the announcement:
Employment Contract Finalisation Date | Stamp Duty | Penalty Waiver |
Before 1 January 2025 | Exempted | Yes |
1 January 2025 – 31 December 2025 | Applicable | Yes (if stamped before 31 December 2025) |
From 1 January 2026 onwards | Applicable | No |
All employers are advised to ensure that all employment contracts entered into from 1 January 2025 are stamped accordingly.
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