TENANT AND LANDLORD

1. The lease or tenancy instrument which secures annual rent not exceeding RM2,400 is EXEMPTED from duty and presentation of these instruments at a stamping office or centre is not necessary.
2. The prescribed rate of duty on the instrument which secures annual rent exceeding RM2,400 is as follows:
   1. (For every RM 250 or part thereof in excess of RM2, 400)
   2. When the lease is for a period Duty Rate
   3. Not exceeding one year RM1.00
   4. Exceeding one but not exceeding three years RM2.00
   5. Exceeding three years or for any indefinite period RM4.00
   6. (For every RM250 or part thereof in excess of RM2,400
3. If the consideration for tenancy constitutes or includes a PREMIUM, additional duty is chargeable and it is calculated on the amount of the premium at the rate chargeable on immovable property.
4. If the lease provides for differential rent, please contact The Deputy Collector of Stamp Duty for further information.