For Limited Liability Partnerships (LLPs) in Malaysia, meeting tax deadlines is mandatory for running the business. As the 2026 tax year approaches, LLPs are required to comply with several statutory filing and payment obligations under Malaysian corporate tax services, regardless of whether the business is active or dormant. In addition, a new amendment effective from the Year of Assessment 2026 introduces a 2% tax on certain LLP profit distributions, making accurate reporting and early planning more important than ever.
LLPs follow a tax structure that differs from sole proprietorships and private limited companies. This structure involves specific tax forms, fixed submission deadlines, and prescribed penalties for late or incorrect filings. Failure to comply with any requirement may result in fines or further action by the Inland Revenue Board of Malaysia (LHDN), especially where income tax Malaysia filings or employer-related obligations are overlooked.
This practical guide brings together everything businesses need to know about the four key LLP tax deadlines in Malaysia for 2026, helping them stay compliant and avoid unnecessary risks.
What are the Main LLP Tax Deadlines in Malaysia for 2026?
Each year, LLPs are required to submit multiple tax-related declarations covering estimated tax, annual income reporting, and employer compliance. These filings collectively ensure alignment with Malaysia’s income tax system and employer reporting rules. Below is a simple overview of the four essential LLP tax forms and their 2026 deadlines.
Overview of LLP Tax Forms and Deadlines for 2026
| LLP Tax Form | Purpose | Statutory Deadline |
|---|---|---|
| Form CP204 | Estimated tax payable | New LLP: Within 3 months of incorporation. Existing LLP: Within 30 days from the start of the accounting period |
| Form PT | LLP income tax return | 7 months from the close of the accounting period |
| Form E | Employer’s annual declaration | 31 March 2026 |
| Form EA | Employee income statement | 28 February 2026 |
What is Form CP204, and what is the Estimated Tax Deadline for LLPs in 2026?
Form CP204 is used to estimate how much tax an LLP expects to pay for the year. This estimate allows the Inland Revenue Board of Malaysia (LHDN) to determine monthly tax instalment payments.
Key points to note:
- New LLPs must submit Form CP204 within three months of the date of incorporation.
- Existing LLPs must submit it within 30 days from the start of their accounting period.
- The estimate should be based on realistic income projections aligned with the applicable income tax rate.
Late submission may result in penalties of up to RM2,000, imprisonment of up to six months, or both.
What Is Form PT and the LLP Income Tax Filing Deadline in Malaysia?
Form PT is the primary income tax return for LLPs. It reports the LLP’s actual income, allowable expenses, and final tax payable for the year of assessment.
Essential points for LLP owners:
- Form PT must be filed within seven months from the end of the financial year
- For LLPs with a 31 December 2026 year-end, the deadline is 31 July 2027
- Dormant LLPs are generally still required to file
Failure to file Form PT on time may lead to penalties of up to RM20,000, imprisonment, or both.
What Is Form E and the Employer Tax Deadline for LLPs in 2026?
Form E is an annual declaration submitted by LLPs that employ staff. It informs LHDN of the number of employees, total remuneration paid, and tax deductions made during the year.
Key compliance points:
- Applies to full-time, part-time, and contract employees
- Must be submitted by 31 March 2026
- Accurate payroll records are essential
Late submission may result in fines, imprisonment, or both.
What Is Form EA, and what is the Employee Statement Deadline for LLPs?
The Form EA is an annual income statement given to employees. It helps employees complete their personal income tax returns accurately.
LLPs should note:
- Form EA is issued to employees, not submitted to LHDN
- It must be prepared for employees who have worked more than seven days
- The deadline for issuing Form EA is 28 February 2026
Failure to issue Form EA may attract penalties under Malaysian tax law.
How Does the 2% Tax on LLP Profit Distributions Apply from YA 2026?
From the Year of Assessment 2026, profit distributions received from an LLP will be subject to a 2% income tax on amounts exceeding RM100,000 a year, after allowable reliefs and deductions. This change affects partners who regularly draw income from LLP profits.
Where a partner earns income from other sources, the Inland Revenue Board of Malaysia (LHDN) will determine the taxable portion by allocating LLP profit distributions in proportion to the partner’s overall income. That proportion is then applied to the partner’s total chargeable income to calculate the tax payable.
As this change may increase personal tax liabilities, LLP partners should review their income structure early and seek professional advice to plan.
Conclusion
Managing LLP tax deadlines in Malaysia for 2026 requires more than tracking due dates. A clear understanding of filing obligations and early planning is essential, particularly with the new 2% tax on LLP profit distributions.
From Form CP204 estimates to Form PT filings and employer reporting under Forms E and EA, each requirement plays a key role in maintaining compliance.
Need support with LLP tax compliance? 3E Accounting provides reliable end-to-end tax and corporate services to help LLPs meet every obligation accurately and on time.
Ensure Your LLP Meets All 2026 Tax Requirements
Stay compliant with Malaysia’s LLP tax obligations. Contact 3E Accounting for professional guidance.
Frequently Asked Questions
New LLPs must submit within 3 months of incorporation, while existing LLPs must submit within 30 days from the start of their accounting period.
For partners with multiple income sources, LHDN allocates the taxable portion of LLP profit distributions in proportion to their total income.
Yes. All partners, including foreign individuals, are subject to Malaysian LLP tax obligations and the 2% profit distribution tax if thresholds are exceeded.
Yes, most dormant LLPs are required to submit Form PT unless specifically exempted.
Form PT is the primary income tax return for LLPs. It declares total income and allowable deductions, and calculates the tax payable for the year.
Form CP204 provides an estimated tax for the assessment year, enabling LLPs to plan cash flow and make accurate instalment payments.
Abigail Yu
Author
Abigail Yu oversees executive leadership at 3E Accounting Group, leading operations, IT solutions, public relations, and digital marketing to drive business success. She holds an honors degree in Communication and New Media from the National University of Singapore and is highly skilled in crisis management, financial communication, and corporate communications.
