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Malaysia Corporate Tax Rate

Corporate Tax Rate in Malaysia

Indicator Data Period
Corporate Tax Rate 24 % 2022


Latest data on Corporate Tax Rate (%)

Corporate Tax Rate
                     Malaysia - Historical Data (%)

What is Corporate Tax Rate in Malaysia?

  • Corporate Tax Rate in Malaysia remained unchanged at 24 % in 2022. The maximum rate was 30 % and minimum was 24 %.
  • Data published Yearly by Inland Revenue Board.

Historical Data (%) by years

Data
Period
Date
24 2022 17.10.2022
24 2021 09.02.2021
24 2020 04.02.2020
24 2019 22.01.2019
24 2018 12.01.2018
24 2017 03.10.2017
24 2016 11.08.2017
25 2015 31.12.2015


Historical Chart by prime ministers (%)

Corporate Tax Rate in Malaysia by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Najib Razak 03.04.2009 - 10.05.2018 25.0000 24.0000 25.0000 24.0000 -4.00%
Abdullah Badawi 31.10.2003 - 03.04.2009 28.0000 26.0000 28.0000 26.0000 -7.14%
Mahathir Mohamad 16.07.1981 - 31.10.2003 30.0000 28.0000 30.0000 28.0000 -6.67%

Other taxes in Malaysia

Index Updated Actual Previous
Personal Income Tax Rate 2022 30 % 30
Sales Tax Rate 2022 10 % 10
Social Security Rate 2022 24 % 21

Corporate Tax Rate in other countries

Country Updated Actual Previous
Bangladesh 2022 30 % 32.5
Jordan 2018 20 % 20
Mongolia 2022 25 % 25
Cambodia 2022 20 % 20
China 2022 25 % 25
Georgia 2022 15 % 15
India 2022 34.94 % 25.17
Israel 2022 23 % 23
Pakistan 2022 29 % 29
South Korea 2022 27.5 % 27.5
Taiwan 2022 20 % 20
Vietnam 2022 20 % 20
Maldives 2022 15 % 15
Armenia 2018 20 % 20
Hong Kong 2022 16.5 % 16.5
Indonesia 2022 22 % 22
Japan 2022 30.62 % 30.62
Kazakhstan 2022 20 % 20
Lebanon 2022 17 % 17
Macau 2022 12 % 12
Malaysia 2022 24 % 24
Philippines 2022 25 % 30
Qatar 2022 10 % 10
Singapore 2022 17 % 17
Sri Lanka 2022 24 % 24
Thailand 2022 20 % 20
Oman 2022 15 % 15
Laos 2022 20 % 20
Azerbaijan 2022 20 % 20
Kuwait 2022 15 % 15
Saudi Arabia 2022 20 % 20
Bahrain 2022 0 % 0
United Arab Emirates 2022 0 % 0
Yemen 2021 20 % 20
Uzbekistan 2022 15 % 7.5
Iraq 2022 15 % 35
Syria 2022 28 % 28
Afghanistan 2022 20 % 20
Brunei 2022 18.5 % 18.5
Mauritius 2022 15 % 15