The Social Security Rate For Companies in Malaysia stands at 13 percent. Social Security Rate For Companies in Malaysia averaged 12.65 percent from 2011 until 2022, reaching an all time high of 13.78 percent in 2014 and a record low of 12.00 percent in 2017. source: Social Security Organisation (SOCSO)

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Malaysia Social Security Rate For Companies


Related Last Previous Unit Reference
Corporate Tax Rate 24.00 24.00 percent Dec 2023
Personal Income Tax Rate 30.00 30.00 percent Dec 2023
Sales Tax Rate 10.00 10.00 percent Dec 2023
Social Security Rate 24.00 21.00 percent Dec 2022
Social Security Rate For Companies 13.00 12.00 percent Dec 2022
Social Security Rate For Employees 11.00 9.00 percent Dec 2022
Withholding Tax Rate 15.00 15.00 percent Dec 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
13.00 12.00 13.78 12.00 2011 - 2022 percent Yearly