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    Corporate tax rate24%

    Corporate Tax Calculator for Malaysian Companies

    Malaysia corporate tax is 24%. See how much you could save.

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    How Malaysia companies reduce their corporate tax

    Malaysian companies pay a standard corporate income tax of 24%, with SMEs (paid-up capital below RM 2.5 million and annual turnover below RM 50 million) qualifying for a reduced rate of 15% on the first RM 150,000 and 17% on the next RM 450,000. Malaysia's proximity to Singapore makes it one of the most common bilateral restructurings in Southeast Asia, where Malaysian founders establish Singapore-incorporated holding and operating companies to access Singapore's territorial tax, 0% capital gains, and extensive treaty network. Hong Kong's offshore claim is another popular route — companies earning income entirely from non-Hong Kong sources may apply for offshore status and pay 0% on that income. Labuan, Malaysia's own offshore jurisdiction, offers a 3% rate on net audited profits for Labuan companies conducting trading activities, providing a domestic alternative to Singapore for Malaysia-based founders.

    Top tax corridors for Malaysia companies

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    Singapore Territorial (8.5%)

    9% effective

    Singapore's territorial tax system, extensive startup exemptions, and 0% capital gains tax make it the primary choice for Malaysian founders scaling regionally or globally. The Malaysia–Singapore tax treaty provides certainty on withholding taxes. Singapore's banking ecosystem and investor community add operational advantages.

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    Hong Kong Offshore Claim (0–8.25%)

    8% effective

    Hong Kong taxes only Hong Kong-source income. Companies generating income exclusively from non-HK customers can apply for offshore status and pay 0% on that income. For the portion taxed in HK, the rate is 8.25% on the first HK$2 million. Malaysia–HK treaty governs cross-border flows.

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    Labuan Offshore (3%)

    3% effective

    Labuan is Malaysia's own international business and financial centre. Labuan companies conducting trading activities are taxed at 3% of net audited profits. For Malaysian founders who prefer domestic structures, Labuan offers significant savings without requiring physical relocation. Labuan companies transact in foreign currencies.

    Savings example: 🇲🇾 Malaysia🇸🇬 Singapore Territorial (8.5%)

    Annual Revenue

    €1.3M

    assumed

    Tax in Malaysia

    €300K

    at 24%

    Tax Optimised

    €106K

    at 9%

    Indicative estimate based on statutory rates. Actual savings depend on structure, substance, and individual circumstances.

    Frequently asked questions — Malaysia corporate tax

    What is the Labuan International Business and Financial Centre (IBFC)?

    Labuan IBFC is Malaysia's offshore financial centre located in the Federal Territory of Labuan. Labuan companies conducting international business (trading, holding, leasing, fund management) are taxed at either 3% of audited profits or a flat RM 20,000 per year. Labuan companies can invoice in foreign currencies and open foreign-currency accounts.

    Can a Malaysian company establish a Singapore subsidiary without relocating?

    Yes. A Malaysian founder can incorporate a Singapore Private Limited company without relocating, provided the company has at least one director who is a Singapore resident (can be a nominee director for a fee). However, for genuine tax benefits, Singapore requires the company to be managed and controlled from Singapore — meaning key management decisions should be made in Singapore.

    Is there a Malaysia–Singapore transfer pricing risk?

    Yes. Transactions between related Malaysian and Singapore entities must be priced at arm's length under both countries' transfer pricing rules. Malaysia's Inland Revenue Board (LHDN) and Singapore's IRAS both scrutinise intragroup service fees, royalties, and loans. Robust transfer pricing documentation is essential.

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    Compare with similar countries

    🇸🇬Singapore
    9%View calculator →
    🇭🇰Hong Kong
    8%View calculator →
    🇦🇺Australia
    30%View calculator →

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