The Social Security Rate For Companies in Malaysia stands at 12 percent. Social Security Rate For Companies in Malaysia averaged 12.75 percent from 2011 until 2019, reaching an all time high of 13.78 percent in 2014 and a record low of 12 percent in 2017. source: Social Security Organisation (SOCSO)

Social Security Rate For Companies in Malaysia is expected to be 12.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Social Security Rate For Companies is projected to trend around 12.00 percent in 2020, according to our econometric models.

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Malaysia Social Security Rate For Companies
Malaysia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 24.00 24.00 30.00 24.00 percent [+]
Personal Income Tax Rate 28.00 28.00 28.00 25.00 percent [+]
Sales Tax Rate 10.00 10.00 10.00 6.00 percent [+]
Social Security Rate 23.00 23.00 25.29 20.00 percent [+]
Social Security Rate For Companies 12.00 12.00 13.78 12.00 percent [+]
Social Security Rate For Employees 11.00 11.00 11.50 8.00 percent [+]


Malaysia Social Security Rate For Companies

In Malaysia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Malaysia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Malaysia Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Social Security Rate For Companies - actual data, historical chart and calendar of releases - was last updated on November of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
12.00 12.00 13.78 12.00 2011 - 2019 percent Yearly




Country Last Previous
France 45.00 Dec/18 45
China 37.00 Dec/18 37
Italy 30.00 Dec/19 30
Russia 30.00 Dec/19 30
Spain 29.90 Dec/19 29.9
Brazil 28.80 Dec/19 28.8
Argentina 26.70 Dec/19 26.7
Turkey 22.50 Dec/19 22.5
Netherlands 19.80 Dec/19 19
Germany 19.44 Dec/19 19.38
Singapore 17.00 Dec/19 17
Japan 14.75 Dec/18 14.75
United Kingdom 13.80 Dec/19 13.8
India 12.00 Dec/18 12
Saudi Arabia 12.00 Dec/19 12
South Korea 10.40 Dec/18 10.4
Australia 9.50 Dec/19 9.5
United States 7.65 Dec/18 7.65
Mexico 7.58 Dec/18 7.58
Canada 7.37 Dec/19 7.27
Switzerland 6.00 Dec/19 6
Indonesia 5.74 Dec/18 5.74
South Africa 1.00 Dec/19 1


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