MY · Asia ↔ ZA · Africa

Malaysia vs South Africa: tax rates compared

South Africa's corporate tax rate is 3pp higher than Malaysia's (27% vs 24%). The 201-country average is 22.6%: both sit above it.

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Corporate Tax

0102030405060World avg 22.6%MY 24%ZA 27%
Corporate Tax, side by side
CountryRateSource
Malaysia24%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
South Africa27%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−3 ppSouth Africa higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%MY 0%ZA 0%
Wealth Tax, side by side
CountryRateSource
Malaysia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-16
South Africa0%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Other taxes) · as of 2026-05-29
Difference0 ppdisplayed rates match

Malaysia's wealth tax rate is identical to South Africa's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.