What is Agreement Stamping
LHDN Agreement Stamping in Malaysia refers to the process of having certain agreements and documents stamped by the Inland Revenue Board of Malaysia (Lembaga Hasil Dalam Negeri Malaysia or LHDN). This stamping process involves the payment of a stamp duty, which is a tax imposed on certain legal documents to make them legally valid and enforceable.
Why You Need It?
Legal Validity and Enforceability
- Stamping provides legal validation to agreements and documents.
- Properly stamped documents are legally enforceable in courts.
- Ensures that terms and conditions are legally recognized and upheld.
Admissibility as Evidence
- Stamped documents are admissible as evidence in legal proceedings.
- Helps in proving your case or defending your rights effectively.
- Unstamped documents may not be considered by courts as valid proof.
Compliance and Avoiding Penalties
- Stamping is a legal requirement under Malaysian law.
- Non-compliance can lead to fines, penalties, and additional charges.
- Proper stamping ensures adherence to regulations and avoids legal complications.
If you fail to do this ?!
Legal Invalidation
Unstamped documents might become legally invalid and unenforceable in courts, jeopardizing your rights and claims.
Fines and Penalties
Non-compliance can result in fines, penalties, and backdated stamping charges, affecting your finances.
Evidence Issues
Unstamped documents may not be admissible as evidence in legal proceedings, hindering your ability to prove your case
I prioritize accurate LHDN Agreement Stamping to ensure legal validity and protect the interests of all parties.
What is Agreement stamping?