We offers trust custodian escrow services in Malaysia to safeguard and manage assets for individuals and businesses. From setting up trusts to managing taxation, our experienced team ensures secure wealth management.
For individuals and companies seeking to safeguard and manage their assets securely, setting up a trust in Malaysia offers a range of options. SK LAI & PARTNERS specializes in providing trust custodian escrow services tailored to clients’ wealth management and business needs in Malaysia or overseas.
Various types of trusts are available in Malaysia to suit different objectives, including discretionary trusts, fixed interest trusts, maintenance trusts, purpose trusts, and reserved powers trusts. Each type serves specific purposes, such as protecting wealth, supporting charitable organizations, or ensuring seamless corporate succession.
The process of registering a trust involves choosing the type of trust, gathering necessary documents, drafting a comprehensive Trust Deed, appointing trustees, considering a protector or enforcer, funding the trust, and registering it with the Registrar of Companies.
Trusts in Malaysia are subject to taxation on their revenue, with the trust body treated as a separate entity for tax purposes. The trust’s income is taxed separately from beneficiaries’ personal income tax. Trusts may also be subject to stamp duty, real property gains tax, capital gain tax, and withholding tax on income for non-resident trusts.
Setting up a trust offers several benefits
Establishing and administering trusts in Malaysia can be complex, requiring compliance with various legal and regulatory requirements. Additionally, trust establishment and operation can incur expenses for professional services, tax compliance, and ongoing management.
Our experienced lawyers provide personalized solutions to meet your specific wealth management and business needs. Contact SK LAI & PARTNERS for assistance with setting up your Trust in Malaysia and securing your wealth!
We offers trust custodian escrow services in Malaysia to safeguard and manage assets for individuals and businesses. From setting up trusts to managing taxation, our experienced team ensures secure wealth management.
For individuals and companies seeking to safeguard and manage their assets securely, setting up a trust in Malaysia offers a range of options. SK LAI & PARTNERS specializes in providing trust custodian escrow services tailored to clients’ wealth management and business needs in Malaysia or overseas.
Various types of trusts are available in Malaysia to suit different objectives, including discretionary trusts, fixed interest trusts, maintenance trusts, purpose trusts, reserved powers trusts and trust custodian and escrow services. Each type serves specific purposes, such as protecting wealth, supporting charitable organizations, or ensuring seamless corporate succession.
The process of registering a trust involves choosing the type of trust, gathering necessary documents, drafting a comprehensive Trust Deed, appointing trustees, considering a protector or enforcer, funding the trust, and registering it with the Registrar of Companies.
Trusts in Malaysia are subject to taxation on their revenue, with the trust body treated as a separate entity for tax purposes. The trust’s income is taxed separately from beneficiaries’ personal income tax. Trusts may also be subject to stamp duty, real property gains tax, capital gain tax, and withholding tax on income for non-resident trusts.
Setting up a trust offers several benefits
Establishing and administering trusts in Malaysia can be complex, requiring compliance with various legal and regulatory requirements. Additionally, trust establishment and operation can incur expenses for professional services, tax compliance, and ongoing management.
Our experienced lawyers provide personalized solutions to meet your specific wealth management and business needs. Contact SK LAI & PARTNERS for assistance with setting up your Trust in Malaysia and securing your wealth!
Trusted legal guidance tailored to your needs. Contact us today for a consultation. Let’s navigate your legal journey together.
Schedule your consultation today. Let’s tackle your legal challenges together
SK LAI & PARTNERS Is A Malaysian Law Firm With Global Expertise And Experience, Uniquely Positioned In Kuala Lumpur City Centre!
SK LAI & PARTNERS is a global law firm with broad expertise and experience, uniquely positioned in Kuala Lumpur City Centre!