not all expenses u can deduct. eg. petrol, salary, etc.

best way is still hold under your names unless you are paying more than 20% tax.

ok, because property investment nature a bit diff, the tax computation is diff from normal trading company. salary will falls under indirect expenses and at most u can only claim 25%, let say rental = Rm1k, staff salary = Rm1k, only 250 can be deducted. meaning any other admin fees = 25%. but theres another catch here, if i remember correctly, max u can deduct for indirect expenses is 5% of your rental income so forming a company just to receive rental income isnt a smart way for me, at least i think. UNLESS, you are doing business like Mid valley, One Utama where u manage and provide alot of additional services, then u can consider for it. because it consider as business where everything is near to 100% deduction, eg. salary etc etc.

and for 20% or above tax rate, u need to do some calculation. SME tax @ fixed 20% for 1st 500k only, whereby personal tax = scale. so u really need to calculate nicely. 100k @ SME will be 20k tax, whereby 100k on person is around 14k if i remember the schedule propery -.-

besides, forming a Sdn Bhd include more cost instead of saving. example audit fee, company sec fee, filing fee, etc etc which can easily cost u over 3k a year. theres a new type of company named Limited Liability Partnership which is the same as Sdn Bhd, just that they dun need auditors, comp sec. sorry i cant give more info on LLP as i didnt come accross these type of companies yet.