Stamping Fee For Construction Contract Agreement In Malaysia

This issue is urgent, as it makes the sector financially heavier and makes it more difficult for us to do business,“ said Kwan Foh-Kwai, Vice President of the MMFA. · For a contract awarded by the government, the first phase of the contractual agreement between the government and the main contractor is exempt from the obligation, while the second phase of the contract between the main contractor and the subcontractor is subject to a valuation of 0.5%. A flat-rate fee of RM50 is applied to all subsequent collective agreements.

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