If your company is not able to convene its BOD meeting in Malaysia due to COVID-19 travel restrictions, Lembaga Hasil Dalam Negeri Malaysia (LHDNM) is prepared to presume the company as a Malaysian resident, provided it meets all the following conditions:

a. the company is a resident in the immediate previous year of assessment;

b. the directors of the company have to attend the BOD meeting held outside Malaysia (either physical meeting or via electronic means) due to COVID-19 travel restrictions.