CukaiBoss

Malaysian Tax Calculator • Sole Prop vs Sdn Bhd

YA2024-2025

Your Numbers

RM

Your profit before any personal tax

RM

Sdn Bhd Settings

RM
RM

Accounting, secretarial, SSM

Sole Proprietorship saves RM20689/year. But consider the lack of liability protection.

Recommended

Sole Proprietorship

You save

RM20,689

per year

Sole Proprietorship

Net CashRM111,360
Personal TaxRM8,640
Effective Rate7.2%
Compliance~RM60

Sdn Bhd

Net CashRM90,672
Corporate TaxRM7,655
Personal TaxRM684
EPF SavingsRM14,400
ComplianceRM5,000

Breakdown Details

Sole Prop Cash Flow

Business ProfitRM120,000
Other IncomeRM0
Total IncomeRM120,000
Personal Reliefs-RM24,000
Taxable IncomeRM96,000
Personal Tax-RM8,640
Net CashRM111,360

Sdn Bhd Personal Cash Flow

Gross SalaryRM60,000
Employee EPF-RM6,600
Employee SOCSO + EIS-RM420
Net SalaryRM52,980
Other IncomeRM0
Personal Tax-RM684
Take-Home SalaryRM52,296
Dividends ReceivedRM43,376
Compliance Costs-RM5,000
Net CashRM90,672

Personal Tax Brackets

BracketRateTax
RM0 - RM5,0000%RM0
RM5,000 - RM20,0001%RM150
RM20,000 - RM35,0003%RM450
RM35,000 - RM50,0006%RM900
RM50,000 - RM70,00011%RM2,200
RM70,000 - RM100,00019%RM4,940

Corporate Tax Brackets (SME)

BracketRateTax
RM0 - RM150,00015%RM7,655

Sole Prop Insights

  • •No liability protection - personal assets at risk
  • •No forced savings (EPF/SOCSO)
  • •Minimal compliance cost (~RM60/year)
  • •Simple tax filing (Form B)

Sdn Bhd Insights

  • •Limited liability protection
  • •EPF savings: RM14,400 (forced retirement)
  • •Compliance cost: ~RM5,000/year
  • •Separate legal entity for business