Tax

TAX ADVISORY TAX AUDITS AND INVESTIGATIONS TAX COMPLIANCE TAX TRAINING
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TAX

In a rapidly-changing global business environment, tax legislations are constantly evolving. Your tax affairs and requirements are unique to your tax profile, your organisation, and your current and future plans as you move forward in your industry. Whatever issues you face, we will have the solution tailored for you.

Our Tax Services

Our tax firm, RTC Consulting Sdn Bhd, is a progressive boutique tax consulting firm with core business activities in tax advisory and consulting, tax audits and investigations, tax compliance, and tax training services.

Our corporate tax clients include public listed companies and their subsidiaries, private companies, and limited liability partnerships across various businesses and industries. Our personal tax clients include family-owned and operated businesses, individuals on employment, sole proprietorships, partnerships, estates, foundations, and high net worth individuals.

Our range of services include direct and indirect tax compliance and advisory services. Our core direct tax services are in tax consulting and advisory, tax audits and investigations, cross border tax planning, transfer pricing documentation and operational and engagement-specific tax planning services. These tax advisory services are well supported by our established tax compliance function.

Our indirect tax service focus is on Sales and Service Tax (SST) compliance and advisory matters.

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Tax Advisory

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Our core expertise and strength are in the provision of tailored solutions for tax issues that are considered impossible to resolve. Despite providing services to corporates and businesses across various sectors and industries, we are first and foremost specialists in the property development and construction industry. We have advised numerous property development companies and landowner companies with various iconic township, commercial, mixed commercial and residential development and joint venture arrangements.


For our corporate clients, our tax advisory business covers numerous aspects such as:

  • Tax planning services in corporate restructuring exercises
  • Land transactions
  • Joint venture arrangements for land development
  • Real Property Company (RPC) shares transactions and tax implications
  • Corporate tax advisory and planning
  • Review of agreements for tax implications
  • Preliminary tax assessment
  • Tax risk and exposure management
  • Cross-border tax optimisation strategies
  • Transfer pricing analysis and documentation
  • Tax due diligence

For our individual clients, our tax advisory services include:

  • Personalised expert advice for family-owned and operated businesses, in a versatile manner which takes into consideration the constraints, restraints, and needs of every family member involved
  • Tax advice on the personal tax matters of a company’s director, with an all-encompassing approach covering tax aspects and implications for both the company and the director
  • Holistic tax advisory service including advice on the impact of tax residence, assets, sources of income on worldwide tax profile, and practical advice on local and international compliance requirements
  • Tax advisory service for expatriates, including tax advice on employment package

Whether you are facing complex corporate or personal tax issues, we possess the experience, expertise and knowledge that will be brought to bear on resolving those challenges. Talk to us today about how we can assist.

Tax Audits and Investigations

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Managing appeals for tax audit disputes and negotiations for tax investigation disputes are our forte. We have been exceptionally successful with appeals and negotiations with the Inland Revenue Board.

We work with clients of all types including individuals, sole proprietors, business owners, partnerships, large corporate groups, foundations and estates. We can support with all levels of tax enquiries and tax disputes.

We also specialise in the review, analysis and preparation of Means Test and Capital Statement for individuals who are subject to scrutiny from the Inland Revenue Board on their wealth and sources of funds. We have extensive experience and knowledge in resolving Capital Statement issues and individual tax investigation disputes with the Inland Revenue Board.

Apart from tax dispute resolutions with the Inland Revenue Board, we handle appeals to the Special Commissioners of Income Tax. Our services include assessing the merits of a tax appeal and handling the court hearing and submission of the appeal to the Special Commissioners of Income Tax.

We have a team of tax experts who will help you to navigate the process of reaching an effective and amicable solution with the Inland Revenue Board. Our goal is to minimise any unnecessary stress, costs, and disruption to your business operation, whilst also avoiding common pitfalls and managing potential future tax exposure.

Tax Compliance

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Ensuring your business is not just tax compliant but also tax efficient is an ongoing challenge.

Solid tax management policies and procedures are what businesses need to be tax compliant, and more importantly tax efficient. We advocate paying taxes efficiently not just correctly. Our team at RTC Consulting Sdn Bhd help corporates and individuals achieve this through our tax compliance services. We offer tax compliance services that can be tailored to your business needs.

Our clients appreciate our personable and professional service delivering accurate and authoritative tax advice. Whatever the size of their business, employment, or other affairs, they rely on us to solve tax issues effectively and efficiently.


For our corporate clients, our range of tax compliance services include:

  • Preparation and filing of tax returns and computation, and tax estimates
  • Withholding tax compliance matters
  • Real Property Gains Tax (RPGT) compliance matters
  • Responding to queries and notices received from the Inland Revenue Board
  • Defending and managing appeals for tax investigations and tax audits
  • Applications for tax incentives
  • Applications for certificates of residence
  • Other administrative matters including but not limited to, applications for tax file numbers, tax instalments, refund or set-off of tax credits, appeal for lower tax estimates, waiver of tax penalties, and tax filing or documents submission due date extension

For our individual clients, our range of tax compliance services include:

  • Preparation and filing of personal tax returns and computation
  • Withholding tax compliance matters
  • Real Property Gains Tax (RPGT) compliance matters
  • Expatriates tax compliance matters
  • Responding to queries and notices received from the Inland Revenue Board
  • Defending and managing appeals for tax investigations and tax audits
  • Other administrative matters including but not limited to, applications for tax file numbers, tax instalments, refund or set-off of tax credits, appeal for lower tax estimates, waiver of tax penalties, and tax filing or documents submission due date extension

Tax Training

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We are a Certified Human Resources Development Fund (HRDF) Training Provider, offering professional tax courses in taxation. We conduct public seminars and workshops, as well as in-house training tailored specifically for the needs of each organisation.

  • PARTNER

    Liz Yap

    Liz heads the tax compliance department of RTC Consulting Sdn Bhd (“RTC Consulting”), a boutique tax practice specialising in tax compliance and tax advisory services for property developers and construction companies. She manages both the corporate and personal tax compliance teams of RTC Consulting. She also manages tax investigation and audit cases, specialising in the preparation of Capital Statements and Means Tests, preliminary tax assessment, and the related tax advisory services.

    Her extensive advisory experience has been honed over a decade spent with two prominent property development and construction companies in Malaysia which are listed on Bursa Malaysia. Her in-depth knowledge and practical experience garnered in the property development and construction sector is an asset to clients of RTC Consulting.

    She graduated from the University of Southern Queensland in Australia with a Bachelor of Commerce degree majoring in Accounting.

    She is a Certified Practising Accountant of CPA Australia and a Chartered Accountant with the Malaysian Institute of Accountants.

  • ADVISER

    Ong Yoke Yew

    Ong Yoke Yew is the Adviser to Zubir Chang & Co. She is currently the Technical Director of RTC Consulting Sdn Bhd (“RTC Consulting”), a licensed tax advisory firm that is affiliated with Zubir Chang & Co. RTC Consulting is a boutique tax advisory firm specialising in tax compliance and tax advisory services.

    She has more than four decades of extensive and diversified exposure gained from international accounting firms, multinationals and colleges in both Malaysia and Singapore. Her vast experience in the field of taxation covers various aspects of corporate tax advisory and consultancy issues. She has accumulated a wealth of experience in tax planning, covering cross-border tax structuring, transfer pricing and taxation on land transactions. The tax advisory services offered by Yoke Yew to her clients encompasses tax audits, tax investigations and assessment of cases submitted for tax appeals.

    She has been exceptionally successful with tax appeals and negotiations conducted with the Inland Revenue Board of Malaysia. Her specialisation is taxation affecting the property development and construction sectors, making her highly sought after by numerous property developers and landowners in Malaysia to advise them in planning for property development projects and structuring of land transactions, such as joint ventures. Her clientele includes public listed companies as well as privately-owned businesses.

    She is a certified and accredited trainer with the Human Resource Development Corporation. She has extensive experience as a specialist trainer who provides professional courses in taxation. She has conducted numerous seminars, conferences and workshops for professional bodies, corporations and accounting firms. She has also authored books on the subject of Malaysian taxation with BPP Publishing, a London-based publisher publishing her books which have been specifically developed for Malaysian professional taxation examinations.

    She holds a Bachelor of Laws degree and is a member of the Chartered Tax Institute of Malaysia. She is a licensed tax agent with the Ministry of Finance Malaysia.

  • SENIOR PARTNER

    Chang Kong Foo

    Chang Kong Foo is the Senior Partner of Zubir Chang & Co.

    He has over three decades of experience in audit, accounting and insolvency, having set up his professional services practice in Alor Setar in the state of Kedah in 1983 after receiving his audit licence the same year. He has been a licensed liquidator since 1999 and is also a licensed tax agent.

    He graduated with a Bachelor in Management Studies degree from the University of Waikato in New Zealand in 1978.

    He is also a member of the Malaysian Institute of Accountants and the Chartered Tax Institute of Malaysia. He is also a Certified Financial Planner since 2003.

    He is also an Independent, Non-Executive Director of NTPM Holdings Berhad (“NTPM”) and the Chairman of the Audit Committee of NTPM. NTPM is listed on the Main Board of Bursa Malaysia.

  • PARTNER

    Cheryl Chang

    Prior to joining Zubir Chang & Co., Cheryl spent over a decade in the assurance services industry as an auditor with Ernst & Young and subsequently with Chang Kong Foo & Co PLT (“CKF & Co”). She was responsible for setting up and managing a branch office of CKF & Co in Kajang.

    Cheryl also taught accounting subjects previously and was involved in accounting research work at the University of Queensland in Australia between 2005 and 2006. In 2009, her research paper on the market’s perception of deferred tax accruals was published in the Accounting and Finance Journal of Accounting and Finance Association of Australia and New Zealand.

    In 2013, she commenced her career and specialisation in tax consulting with RTC Consulting Sdn Bhd (“RTC Consulting”), a licensed boutique tax practice specialising in tax compliance and advisory services for property developers and construction companies. She is now the Tax Director at RTC Consulting, with the responsibility of managing the tax advisory function. This involves handling appeals for tax audits, conducting negotiations for tax investigations, performing preliminary tax assessment, reviewing agreements, preparing transfer pricing documentation and project managing various tax advisory and planning engagements. She also conducts seminars and workshops for the public and tailored training sessions for corporations on the subject of Malaysian taxation.

    She is an Independent Non-Executive Director (“INED”) of two companies listed on the Main Board of Bursa Malaysia. She is an INED of NTPM Holdings Berhad (“NTPM”), where she is a member of its Audit Committee, Risk Management and Sustainability Committee, Nominating Committee and Investment Committee. She is also an INED of Chin Hin Group Berhad.

    She graduated with a Bachelor of Commerce degree with First Class Honours from the University of Queensland in Australia in 2004. In 2020, she graduated with a Bachelor of Laws degree with First Class Honours from the University of Northumbria at Newcastle in the United Kingdom. She is an Associate of Chartered Accountants Australia and New Zealand and a member of the Malaysian Institute of Accountants.

  • MANAGING PARTNER

    Ahmad Zubir Zahid

    Ahmad Zubir Zahid is the Managing Partner of Zubir Chang & Co. Prior to setting up Zubir Chang & Co., he has over eight years’ experience within the offshore oil and gas industry, as Chief Financial Officer of three separate offshore construction companies. Prior to joining the oil and gas industry, he spent over a decade in the financial services industry as a management consultant, investment banker and auditor with Ethos Consulting, ECM Libra, CIMB Investment Bank and PwC, respectively.

    He is currently an Executive Director of Thinkat Advisory Sdn Bhd, an independent boutique corporate finance advisory firm licensed by the Securities Commission Malaysia (“SC”) under the Capital Markets and Services Act 2007 to carry on the business in the regulated activity of Advising on Corporate Finance. Zubir has held a Capital Markets Services Representative’s Licence for Advising on Corporate Finance since December 2017. He was previously a principal of Zulu Capital Sdn Bhd, a private equity fund management company registered with the SC in March 2018.

    He holds a Master of Business Administration from the University of Chicago Booth School of Business in the United States of America. He graduated with a Bachelor of Science degree in Economics and Accounting from the University of Bristol in the United Kingdom in June 1996. Zubir was awarded with a Postgraduate Certificate in Laws (Distinction) from the University of London in December 2022. He is a Fellow of both the Institute of Chartered Accountants in England and Wales (“ICAEW”) and Chartered Accountants Australia and New Zealand (“CAANZ”). He is a member of both the Malaysian Institute of Accountants (“MIA”) and the Malaysian Institute of Certified Public Accountants (“MICPA”). In the specialised field of business valuation, he holds several qualifications: Zubir is a Chartered Valuer and Appraiser of the Institute of Valuers and Appraisers, Singapore, an Accredited Member of the American Society of Appraisers, a Business Valuation Specialist with CAANZ, an International Certified Valuation Specialist of the International Association of Certified Valuation Specialists and he holds the Accredited in Business Valuation credential of the American Institute of Certified Public Accountants. In the specialised field of forensic accounting, Zubir is a Certified Fraud Examiner and a Forensic Accounting Specialist with CAANZ and holds the Corporate Finance Qualification of the ICAEW. He is also an accredited member of the Asia Pacific Institute of Experts (“APIEx”) and The Academy of Experts (“TAE”).

    Zubir is an Independent Non-Executive Director (“INED”) of Westports Holdings Berhad (“Westports”), a company listed on the Main Board of Bursa Malaysia. He is the Chairman of the Audit Committee and a member of the Risk Committee of Westports. He was previously an INED of Mass Rapid Transit Corporation Sdn Bhd (“MRT Corp”) and the Chairman of the Audit and Risk Committee of MRT Corp for five years, between April 2016 and March 2021.

    Zubir was elected to the Council of MICPA in May 2024 and is a member of the Asia Committee of the International Valuation Standards Council. He is also a member of the Small and Medium Practices (“SMP”) Committee since December 2019 and Valuation Committee of MIA since December 2023. The primary objectives of the SMP Committee are to build the capacity of SMPs, promote the value of SMPs in supporting SMEs and represent the interests of SMPs to the regulators. The Valuation Committee is responsible to develop or adopt professional standards for business valuation in Malaysia, develop a competency framework for business valuation experts and to be the thought leaders on business valuation in Malaysia.