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Malaysia Corporate Tax Rate

Corporate Tax Rate in Malaysia

Indicator Data Period
Corporate Tax Rate 24 % 2021


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 2021. The maximum rate was 30 % and minimum was 24 %.
  • Data published Yearly by Inland Revenue Board.

Historical Data (%) by years

Data
Period
Date
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
25 2014 31.12.2014


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 2020 30 % 28
Sales Tax Rate 2021 10 % 10
Social Security Rate 2021 21 % 23

Corporate Tax Rate in other countries

Country Updated Actual Previous
Bangladesh 2020 25 % 25
Jordan 2018 20 % 20
Mongolia 2020 25 % 25
Cambodia 2020 20 % 20
China 2021 25 % 25
Georgia 2020 15 % 15
India 2021 25.17 % 25.17
Israel 2020 23 % 23
Pakistan 2020 29 % 30
South Korea 2021 25 % 25
Taiwan 2021 20 % 20
Vietnam 2021 20 % 20
Maldives 2020 15 % 15
Armenia 2018 20 % 20
Hong Kong 2021 16.5 % 16.5
Indonesia 2020 22 % 25
Japan 2021 30.62 % 30.62
Kazakhstan 2020 20 % 20
Lebanon 2020 17 % 17
Macau 2020 12 % 12
Malaysia 2021 24 % 24
Philippines 2020 30 % 30
Qatar 2020 10 % 10
Singapore 2021 17 % 17
Sri Lanka 2021 24 % 28
Thailand 2020 20 % 20
Oman 2020 15 % 15
Laos 2020 24 % 24
Azerbaijan 2020 20 % 20
Kuwait 2020 15 % 15
Saudi Arabia 2020 20 % 20
Bahrain 2020 0 % 0
United Arab Emirates 2020 0 % 0
Yemen 2020 20 % 20
Uzbekistan 2021 7.5 % 7.5
Iraq 2020 15 % 15
Syria 2019 28 % 28
Afghanistan 2020 20 % 20
Brunei 2020 18.5 % 18.5
Mauritius 2020 15 % 15