Updated Tax Corporate Governance Framework (TCGF), Guidelines & FAQs
The Inland Revenue Board of Malaysia (IRBM) released the updated Tax Corporate Governance Framework (TCGF) on 11 April 2025 to strengthen corporate tax management, enhance transparency, and support sustainable tax compliance among Malaysian companies. As a leading Accounting Firm in Johor Bahru, we have summarized the key points below for your convenience.
Overview of the Updated TCGF
The TCGF update is supported by three official documents issued by IRBM:
- TCGF Framework
- TCGF Guidelines
- TCGF Guidelines – FAQs
These documents outline essential controls, governance structures, and responsibilities that organisations must adopt under a strong Tax Control Framework (TCF).
Businesses seeking professional guidance may engage licensed Chartered Accountants in Johor Bahru like us to ensure full compliance.
πKey Features of the TCG Programme
- Promotes transparent engagement between IRBM and businesses
- Requires internal self-assessment of tax controls
- IRBM will monitor the adequacy of an organisation’s TCF
- Allows discussions on tax interpretations, transfer pricing, estimated tax liabilities, and compliance matters
Our firm also provides Tax Consultancy Services in Johor Bahru and Tax Audit Services in Johor Bahru for companies participating in TCGF.
π’ Eligibility to Participate
- Large companies / Public listed company / Government-Linked Companies / State-Owned Enterprises
- Annual turnover RM100 million and above
- Good tax compliance record
- Established Tax Control Framework
β Investment holding companies and dormant companies are excluded
If your business requires incorporation assistance, our team also provides Company Set-Up Services in Johor Bahru and Incorporation Services in Johor Bahru.
β Key Benefits of TCGF Participation
- Greater certainty on tax positions
- Faster resolution of tax issues
- Reduced compliance scrutiny
- Quicker tax refunds
- Priority IRBM support
- Dedicated IRBM tax officer
Companies with backlog accounts may also consult us for Backlog Accounting Services in Johor Bahru before entering the TCG Programme.
π° Fees and Validity
- Participation fee: FREE
- Validity: 3 years
- Renewal: Submit a letter of intent 6 months before expiry
πΌ Strengthen Your Corporate Tax Governance With Us
As a licensed Audit Firm in Johor Bahru and Tax Agent in Johor Bahru with over 10 years of experience, our team can help your organisation:
- Adopt the updated TCGF
- Improve tax governance controls
- Ensure compliance with IRBM requirements
- Handle tax planning, tax audits, and corporate advisory
- Implement a robust TCF effectively
π Contact us today to speak with our tax experts.
π Official IRBM Documents
- https://www.hasil.gov.my/media/i4bpklfb/irbm-tcg-framework.pdf – Tax Corporate Governance Framework
- https://www.hasil.gov.my/media/durdlpxn/irbm-guidelines-on-tcgf.pdf – Guidelines on Tax Corporate Governance Framework
- https://www.hasil.gov.my/media/o24h4yfg/irbm-faq-tcgf-guidelines.pdf – FAQs: TCGF & Guidelines
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