The Corporate Tax Rate in Malaysia stands at 24 percent. Corporate Tax Rate in Malaysia averaged 25.96 percent from 1997 until 2023, reaching an all time high of 30.00 percent in 1997 and a record low of 24.00 percent in 2015. source: Inland Revenue Board of Malaysia

Corporate Tax Rate in Malaysia is expected to reach 24.00 percent by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Corporate Tax Rate is projected to trend around 24.00 percent in 2025, according to our econometric models.

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Malaysia Corporate Tax Rate

Related Last Previous Unit Reference
Corporate Tax Rate 24.00 24.00 percent Dec 2023
Personal Income Tax Rate 30.00 30.00 percent Dec 2023
Sales Tax Rate 10.00 10.00 percent Dec 2023
Social Security Rate 24.00 21.00 percent Dec 2022
Social Security Rate For Companies 13.00 12.00 percent Dec 2022
Social Security Rate For Employees 11.00 9.00 percent Dec 2022
Withholding Tax Rate 15.00 15.00 percent Dec 2023

Malaysia Corporate Tax Rate
In Malaysia, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Malaysia.
Actual Previous Highest Lowest Dates Unit Frequency
24.00 24.00 30.00 24.00 1997 - 2023 percent Yearly