Malaysia Social Security Rate For Companies

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 percent in 2017. 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.

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