Stamp Duty Exemption For SME Loans And Financing Facilities

As part of the Malaysian Government's initiative to help ease the financial burden faced by small and medium enterprises affected by the economic downturn caused by the Covid-19 outbreak, the Stamp Duty (Exemption) (No. 10) Order 2021 (“E.O. 10/21”) was gazetted on 10 September 2021 and is deemed to have come into operation retrospectively on 1 January 2021.

E.O. 10/21 exempts from stamp duty an instrument of loan or a financing agreement in relation to a loan or financing facility approved under any of the following funds established by Bank Negara Malaysia for small and medium enterprises - 

1. All Economic Sectors Facility; 
2. Small Medium Enterprises Automation and Digitalisation Facility; or