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

Corporate Tax Rate in other countries

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