Are there differences if I take Director Salary vs Director Fee?

	Director Salary	Director Fee
Frequency	Generally fixed and pay regularly	Generally irregular and subject to resolution of the company
Need approval?	Not required	Decided by directors and subject to shareholders’ approval
Compulsory subject to EPF/Socso/EIS	Yes	No
Subject to PCB	Yes	Yes
Need to declare in personal tax	Definitely Yes!	Definitely Yes! **

** With effective from YA2015, the director is deemed to be able to obtain on-demand the receipt of director fee in the basis period immediately following the relevant period. It means, the accrued director fee is deemed received in subsequent year & need to declare in personal tax, even though no payment is received by the director.

Name	NRIC / Passport	% of shareholding	Phone Number	Email Address	Attachment
if the shareholder is also a director
if the shareholder is also a director
if the shareholder is also a director
if the shareholder is also a director
if the shareholder is also a director

Name	NRIC / Passport	Occupation	Phone Number	Email Address	Attachment

OUR HOTLINE016 208 4948

Are there differences if I take Director Salary vs Director Fee?

Are there differences if I take Director Salary vs Director Fee?

OUR HOTLINE
016 208 4948