Shutterstock Ireland Limited Certificate Of Residence (COR) 2024 For Malaysia Withholding Tax (WHT) 
Freepik Certificate Of Residence (COR) 2025 For Malaysia Withholding Tax (WHT)
RM12.00
What is a Certificate of Residence (COR)?
A Certificate of Residence (COR) is an official document issued by Freepik (or any foreign entity) to certify their tax residency status in their home country (e.g., the U.S. or Spain for Freepik). This document is crucial for businesses in Malaysia that pay fees to Freepik Company SLU to claim a reduced withholding tax (WHT) rate under the Double Taxation Agreement (DTA).
Without a valid COR for Freepik Company SLU, Malaysian companies are required to withhold 10% tax on payments to Freepik. However, with the COR, you can reduce this to just 8%, saving your business 2% in tax costs.
Why Do You Need a COR to Get the 8% WHT?
Malaysia’s tax authority (LHDN) requires proof that Freepik Company SLU is a tax resident in a country that has a DTA with Malaysia (e.g., U.S.-Malaysia or Singapore-Malaysia DTAs). The COR serves as this proof, allowing you to apply the lower 8% withholding tax rate instead of the default 10%.
By obtaining this document, you ensure:
- ✓ Legitimate tax compliance – Avoid penalties for incorrect WHT deductions.
- ✓ Cost savings – Reduce your tax burden from 10% to just 8%.
- ✓ Smooth audits – Keep proper documentation for LHDN verification.
How We Can Help
Requesting the COR directly from Freepik Company SLU can be time-consuming and complex, often requiring multiple follow-ups. We’ve gone through the process and secured the COR, saving you the hassle.
For a small token of appreciation (to support our effort in obtaining this document), we’ll provide you with the latest valid COR for Freepik Company SLU that you can submit to LHDN or your tax agent.
