Resident company | |
| Company with paid up capital not more than RM2.5 million : | |
| On the first RM 600,000 chargeable income – | 17% |
| On subsequent chargeable income – | 24% |
| Company with paid up capital more than RM2.5 million
| 24% |
| Non Resident Company / branch | |
For “non-resident” status for Malaysia Sdn Bhd companies, the corporate tax rate will be a flat rate of 24%. “Non Resident” status is deemed for a company with more than 50% shareholding owned by foreigners. | |
Personal Income Tax
Resident
- Personal Income tax is payable on the taxable income of residents at the progressive rates from 0% to 30% with effective Year of Assessment 2020.
Non-Resident
- You are non-resident under Malaysian tax law if you stay less than 182 days in Malaysia in a year, regardless of your citizenship or nationality.
| Types Of Income | Rate (%) |
| Business, trade or profession Employment Dividends Rents | 28-30 (With Effect From Year Assessment 2016) 30 (With Effect From Year Assessment 2020) |
| Public Entertainer Interest | 15 |
| Royalty | 10 |
| Payments for services in connection with the use of property or installation, operation of any plant or machinery purchased from a non-resident | |
| Payments for technical advice, assistance or services rendered in connection with technical management or administration of any scientific, industrial or commercial undertaking, venture, project or scheme | |
| Rent or other payments for the use of any movable property |