Malaysia 
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- 31.9m people live here
- Area: 331322km²
Tax information in Malaysia
Standard Corporate Tax Rate
18.00 - 24.00%
Corporate tax rates vary by income bracket: 18% for the first RM500,000 and 24% for amounts exceeding that.
Individual Income Tax Rate
0.00 - 30.00%
Individual income tax includes additional contributions for EPF and SOCSO.
Standard VAT Rate
10.00% (7, 5%)
Different VAT rates apply to goods and services, with a standard rate for goods and reduced rates for specific categories.
Cost of living in Malaysia
Cost of Living (Couple)
$658.52
Approximate cost for a couple including groceries, rent, transportation and lifestyle costs
Cost of Living (Family)
$1531.80
Approximate cost for a family including groceries, rent, transportation, lifestyle costs and parenting fee for one child
Cost of Living (1 Person)
$462.40
Approximate cost for a single person including groceries, rent, transportation and lifestyle costs
Useful links in Malaysia
Popular cities in Malaysia
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