Malaysia

Currency
Malaysian ringgit (MYR)
Payroll Frequency
Monthly
Employer Taxes
Up to 15.95%

About 

Malaysia

Malaysia is a Southeast Asian country that lies just north of the equator. Malaysia is separated by the South China Sea into East Malaysia and Peninsular Malaysia.

Overview

Population
32,730,000
Language
Malaysian
Capital
Kuala Lumpur
Currency
Malaysian ringgit (MYR)
Country code
MYR
Min wage
1,200/1,100 MYR per month (urban/rural)
Working hours
9 AM - 5 PM
Weekdays
The workweek and weekend varies between states, with most states and federal territories observing a Monday–Friday weekend
Work hours per week
44

Payroll

Cycle
  • Salary are typically paid monthly.
  • Salaries must be paid within seven days of the beginning of each month.
Avg employer tax

Up to 15.95%

Taxation

Tax breakdown - Employer

Employer Payroll Contribution

  • Provident Fund (employees under the age of 60): 12%-13%
  • Provident Fund (employees over the age of 60): 4%-6.50%
  • Social Security (SOCSO): 1.75%
  • Employment Insurance (EIS): 0.20%
  • Human Resource Development Fund (over ten employees): 1%
VAT
  • 10% for sales tax and 6% for service tax

Holidays / PTO

Public holidays in 2024
  • 01-Jan  New  Year's Day    
  • 14-Jan  Birthday of Yang  di-Pertuan Besar    
  • 28-Jan  Thaipusam        
  • 01-Feb  Federal Territory  Day    
  • 12-Feb  Chinese Lunar New  Year's Day    
  • 13-Feb  Second day of  Chinese Lunar New Year    
  • 13-Feb  Chinese Lunar New  Year Holiday    
  • 14-Feb  Valentine's Day        
  • 04-Mar  Anniversary of the  Coronation of the Sultan of Terengganu    
  • 11-Mar  Isra and Mi'raj
  • 20-Mar  March Equinox    
  • 23-Mar  Birthday of the  Sultan of Johor        
  • 02-Apr  Good Friday    
  • 04-Apr  Easter Sunday    
  • 13-Apr  First Day of Ramadan    
  • 15-Apr  Declaration of  Malacca as Historical City    
  • 26-Apr  Birthday of the  Sultan of Terengganu    
  • 29-Apr  Nuzul Al-Quran        
  • 01-May  Labour Day    
  • 13-May  Hari Raya Puasa    
  • 14-May  Hari Raya Puasa Day  2    
  • 22-May  Pahang State Holiday    
  • 26-May  Wesak Day    
  • 30-May  Harvest Festival    
  • 31-May  Harvest Festival  observed    
  • 31-May  Second Day of  Harvest Festival        
  • 01-Jun  Gawai Dayak    
  • 02-Jun  Gawai Dayak Holiday    
  • 07-Jun  The Yang di-Pertuan  Agong's Birthday    
  • 20-Jun  Sultan of Kedah's  Birthday  
  • 21-Jun  June Solstice        
  • 07-Jul  George Town World  Heritage City Day    
  • 10-Jul  Penang Governor's  Birthday    
  • 17-Jul  Birthday of the Raja  of Perlis    
  • 19-Jul  Day of Arafat    
  • 20-Jul  Hari Raya Haji    
  • 20-Jul  Hari Raya Haji  holiday    
  • 21-Jul  Hari Raya Haji (Day  2)    
  • 22-Jul  Sarawak Independence  Day    
  • 30-Jul  Birthday of the  Sultan of Pahang        
  • 10-Aug  Muharram/New Year    
  • 24-Aug  Birthday of the  Governor of Malacca    
  • 31-Aug  Malaysia's National  Day        
  • 13-Sep  Almarhum Sultan  Iskandar Hol Day    
  • 16-Sep  Malaysia Day    
  • 23-Sep  September Equinox        
  • 02-Oct  Birthday of the  Governor of Sabah    
  • 09-Oct  Birthday of the  Governor of Sarawak    
  • 19-Oct  The Prophet  Muhammad's Birthday (Tentative Date)        
  • 04-Nov  Diwali/Deepavali    
  • 05-Nov  Birthday of the  Sultan of Perak    
  • 11-Nov  Birthday of the  Sultan of Kelantan    
  • 12-Nov  Birthday of the  Sultan of Kelantan (Day 2)        
  • 11-Dec  Birthday of the  Sultan of Selangor    
  • 21-Dec  December Solstice    
  • 24-Dec  Christmas Eve    
  • 24-Dec  Christmas Eve    
  • 25-Dec  Christmas Day    
  • 31-Dec  New Year's Eve
Sick days
  • Maximum of two years employment – 14 days per year
  • Between 2 and 5 years – 18 days per year
  • 5+ years – 22 days per year
Maternity leave
  • Employers will cover pregnant employees for up to 90 days if they are employed within the last four months and have worked at the same employer for more than 90 days during the nine months preceding childbirth.
Paternity leave
  • The law does not provide for paternity leave in the private sector.
  • However, fathers in the public sector have the right to paternity leave for 7-14 days.

Termination

Termination Process
  • Employees can be dismissed for misconduct or poor work performance.
  • Termination is subject to employee challenge for unfair dismissal.
  • It is recommended that proper procedure is followed (warning, time and guidance to improve performance) in order to reduce the likelihood of an unfair dismissal claim.
Notice Period
  • No set amount but should be equitable between employee and employer
Severance Pay

Minimum termination benefits for employees who are fired for reasons not connected to their conduct are as follows:

  • Up to two years of employment – 10 days per year
  • Between two and five years – 15 days per year
  • Over five years – 20 days per year
Probation Period
  • Probation is optional. The common practice is to have a 1-3 month probation period.
  • The Employment Act does not distinguish between employees on probation and permanent employees.

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Tax Calculation

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Employer cost
Total monthly cost of employment
GBP 9,633
Gross monthly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net monthly salary
GBP 5,137
Gross monthly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Employer cost
Total yearly cost of employment
GBP 9,633
Gross yearly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net yearly salary
GBP 5,137
Gross yearly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
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Malaysia

العملة
Malaysian ringgit (MYR)
تردد الرواتب
Monthly
ضرائب أصحاب العمل
Up to 15.95%

عن 

Malaysia

Malaysia is a Southeast Asian country that lies just north of the equator. Malaysia is separated by the South China Sea into East Malaysia and Peninsular Malaysia.

ملخص

التركيبة السكانية
32,730,000
اللغة
Malaysian
العاصمة
Kuala Lumpur
العملة
Malaysian ringgit (MYR)
رمز الاتصال الدولي
MYR
الحد الأدنى للأجور
1,200/1,100 MYR per month (urban/rural)
ساعات العمل
9 AM - 5 PM
أيام الأسبوع
The workweek and weekend varies between states, with most states and federal territories observing a Monday–Friday weekend
ساعات العمل اسبوعيا
44

الرواتب

موعد صرف الرواتب
  • Salary are typically paid monthly.
  • Salaries must be paid within seven days of the beginning of each month.
متوسط ​​ضريبة صاحب العمل

Up to 15.95%

تحصيل الضرائب

التوزيع الضريبي - صاحب العمل

Employer Payroll Contribution

  • Provident Fund (employees under the age of 60): 12%-13%
  • Provident Fund (employees over the age of 60): 4%-6.50%
  • Social Security (SOCSO): 1.75%
  • Employment Insurance (EIS): 0.20%
  • Human Resource Development Fund (over ten employees): 1%
ضريبة القيمة المضافة
  • 10% for sales tax and 6% for service tax

العطل / PTO

العطلات الرسمية في عام 2024
  • 01-Jan  New  Year's Day    
  • 14-Jan  Birthday of Yang  di-Pertuan Besar    
  • 28-Jan  Thaipusam        
  • 01-Feb  Federal Territory  Day    
  • 12-Feb  Chinese Lunar New  Year's Day    
  • 13-Feb  Second day of  Chinese Lunar New Year    
  • 13-Feb  Chinese Lunar New  Year Holiday    
  • 14-Feb  Valentine's Day        
  • 04-Mar  Anniversary of the  Coronation of the Sultan of Terengganu    
  • 11-Mar  Isra and Mi'raj
  • 20-Mar  March Equinox    
  • 23-Mar  Birthday of the  Sultan of Johor        
  • 02-Apr  Good Friday    
  • 04-Apr  Easter Sunday    
  • 13-Apr  First Day of Ramadan    
  • 15-Apr  Declaration of  Malacca as Historical City    
  • 26-Apr  Birthday of the  Sultan of Terengganu    
  • 29-Apr  Nuzul Al-Quran        
  • 01-May  Labour Day    
  • 13-May  Hari Raya Puasa    
  • 14-May  Hari Raya Puasa Day  2    
  • 22-May  Pahang State Holiday    
  • 26-May  Wesak Day    
  • 30-May  Harvest Festival    
  • 31-May  Harvest Festival  observed    
  • 31-May  Second Day of  Harvest Festival        
  • 01-Jun  Gawai Dayak    
  • 02-Jun  Gawai Dayak Holiday    
  • 07-Jun  The Yang di-Pertuan  Agong's Birthday    
  • 20-Jun  Sultan of Kedah's  Birthday  
  • 21-Jun  June Solstice        
  • 07-Jul  George Town World  Heritage City Day    
  • 10-Jul  Penang Governor's  Birthday    
  • 17-Jul  Birthday of the Raja  of Perlis    
  • 19-Jul  Day of Arafat    
  • 20-Jul  Hari Raya Haji    
  • 20-Jul  Hari Raya Haji  holiday    
  • 21-Jul  Hari Raya Haji (Day  2)    
  • 22-Jul  Sarawak Independence  Day    
  • 30-Jul  Birthday of the  Sultan of Pahang        
  • 10-Aug  Muharram/New Year    
  • 24-Aug  Birthday of the  Governor of Malacca    
  • 31-Aug  Malaysia's National  Day        
  • 13-Sep  Almarhum Sultan  Iskandar Hol Day    
  • 16-Sep  Malaysia Day    
  • 23-Sep  September Equinox        
  • 02-Oct  Birthday of the  Governor of Sabah    
  • 09-Oct  Birthday of the  Governor of Sarawak    
  • 19-Oct  The Prophet  Muhammad's Birthday (Tentative Date)        
  • 04-Nov  Diwali/Deepavali    
  • 05-Nov  Birthday of the  Sultan of Perak    
  • 11-Nov  Birthday of the  Sultan of Kelantan    
  • 12-Nov  Birthday of the  Sultan of Kelantan (Day 2)        
  • 11-Dec  Birthday of the  Sultan of Selangor    
  • 21-Dec  December Solstice    
  • 24-Dec  Christmas Eve    
  • 24-Dec  Christmas Eve    
  • 25-Dec  Christmas Day    
  • 31-Dec  New Year's Eve
الإجازات المرضية
  • Maximum of two years employment – 14 days per year
  • Between 2 and 5 years – 18 days per year
  • 5+ years – 22 days per year
إجازة الأمومة
  • Employers will cover pregnant employees for up to 90 days if they are employed within the last four months and have worked at the same employer for more than 90 days during the nine months preceding childbirth.
إجازة الأبوة
  • The law does not provide for paternity leave in the private sector.
  • However, fathers in the public sector have the right to paternity leave for 7-14 days.

إنهاء العقد

عملية الإنهاء
  • Employees can be dismissed for misconduct or poor work performance.
  • Termination is subject to employee challenge for unfair dismissal.
  • It is recommended that proper procedure is followed (warning, time and guidance to improve performance) in order to reduce the likelihood of an unfair dismissal claim.
فترة الإشعار
  • No set amount but should be equitable between employee and employer
مكافأة نهاية الخدمة

Minimum termination benefits for employees who are fired for reasons not connected to their conduct are as follows:

  • Up to two years of employment – 10 days per year
  • Between two and five years – 15 days per year
  • Over five years – 20 days per year
فترة الاختبار
  • Probation is optional. The common practice is to have a 1-3 month probation period.
  • The Employment Act does not distinguish between employees on probation and permanent employees.

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حساب الضريبة

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تكلفة صاحب العمل
إجمالي تكلفة التوظيف الشهرية
GBP 9,633
إجمالي تكاليف الراتب الشهري
GBP 8,334
الضرائب والمساهمات المقدرة
GBP 8,334
تكلفة الموظف
صافي الراتب الشهري
GBP 5,137
الراتب الشهري الإجمالي
GBP 8,334
الضرائب المقدرة والضمان الاجتماعي
GBP 8,334
Employer cost
إجمالي تكلفة التوظيف السنوية
GBP 9,633
إجمالي تكاليف الرواتب السنوية
GBP 8,334
الضرائب والمساهمات المقدرة
GBP 8,334
Employee cost
صافي الراتب السنوي
GBP 5,137
الراتب السنوي الإجمالي
GBP 8,334
الضرائب المقدرة والضمان الاجتماعي
GBP 8,334
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