How much stamp duty is payable...? (Part 1)

The hidden costs for setting up a trust under a corporate trustee.

Below is the table of what LHDN will be imposing as stamp duty if you require to transfer your real estate properties to a corporate trustee to manage your trust.

Based on the graduated ad valorem stamp duty scale shown above, here are a few examples of what stamp duty you can expect to pay.

Example A: If you inject a property having a market value of RM1,000,000, then the stamp duty payable will be RM24,000

ie (RM100,000 x 1%) + (RM400,000 x 2%) + (RM500,000 x 3%).

Example B: Even with a smaller property with a market value of just RM500,000, the stamp duty payable is still a significant amount of RM9000

ie (RM100,000 x1%) + (RM400,000 x 2%).

Example C: If you have 2 properties, with one valued at RM800,000 and another RM1,500,000, the stamp duties payable will be a staggering RM62,000!

ie [(RM100,000 x 1%) + (RM400,000 x 2%) + (RM300,000 x 3%)] + [(RM100,000 x 1%) + (RM400,000 x 2%) + (RM500,000 x 3%) + (RM500,000 x 4%)]

Calculate your own property Stamp Duty: click here* to calculate it.

The above stamp duties payable do NOT take into consideration the legal fees chargeable for effecting the transfer of the real estate properties to the corporate trustee.

Here at Generations-ASIA, we assist you to set up your trust without having to pay these stamp duties and legal fees for the transfer of the real estate properties. That is a significant savings to you while securing the benefits of trust-protected assets.

To find out more and how we do this, click here and choose 'General Enquiry' to get in touch with us.

(You will get a 30-minute free consultation that explains more on how you can avoid paying stamp duties when setting up a trust for your real estate property assets.)

*NOTE: The FREE online stamp duty calculator is hosted on an external website. Generations-ASIA does not own or claim any rights to this calculator. Its use may therefore be subject to any limitations or restrictions the owners of the external website may impose from time to time.