Tax Rate 2024 Malaysia Company. For example, the basis period for the ya 2024 for a company which closes its accounts on 30 june 2024 is the fy ending 30 june 2024. Corporate income tax 2024 as per the latest rates for year assessment 2024 and beyond, company tax rates are categorized as follows:

Resident companies in malaysia are subject to a standard tax rate of 24%. Although malaysia is neither a tax haven nor a low tax jurisdiction, for companies which are eligible for the tax incentives, the effective tax rates may be significantly below the.