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01
When a new company submits CP204
According to LHDN, a newly established company with a first basis period of not less than 6 months submits e-CP204 within 3 months from the commencement of business. From the second year of assessment onwards, it is generally submitted not later than 30 days before the basis period begins.
02
How monthly instalments start
Operating companies generally pay the estimated tax in equal monthly instalments. LHDN explains that instalments usually start from the second month of the basis period for the relevant year of assessment.
03
Can CP204 be revised?
LHDN states that CP204 may be revised through CP204A in the 6th, 9th or 11th month of the basis period. Remaining instalments are then adjusted based on the revised estimate.
04
Risk of not submitting CP204
If CP204 is not submitted, the DGIR may issue CP205 to determine the estimate. Prosecution may also apply, with fines from RM200 to RM20,000, imprisonment not exceeding 6 months, or both.
05
Official sources and disclaimer
This guide is for general educational purposes only and is not tax advice. Tax rates, deductions, filing deadlines and incentive eligibility may change and depend on each company's facts. Please consult a tax professional or refer to the latest LHDN guidance before making decisions.