Malaysia

Paying Taxes in

Malaysia

Below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

This information was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 189 economies. The most recent round of data collection was completed in December 2012.

Compare Malaysia to 188 other economies.

Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Corporate income tax 1 online filing 26 20% on first RM 500,000 and 25% on the balance taxable profit 18.8
Employer paid - Provident fund contributions 1 online filing variable gross salaries 13.7
Employer paid - Social security contributions 1 online filing 77 variable gross salaries 1.9
Vehicle tax 1 RM 8,545 fixed fee 0.8
Property tax 1 12% annual property value 0.6
Real estate capital gains 1 5% capital gain 0.5
Tax on interest 0 25% interest income 0
Sales tax 6 30 10% sales ..
Stamp duty 1 depending of the value of transaction transaction value ..
Totals: 13 133 36.3

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