MY · AsiaTM · Asia
Malaysia vs Turkmenistan: tax rates compared
Between the two, Malaysia's corporate tax rate (24%) tops Turkmenistan's (8%) by 16pp. The 201-country average is 22.6%: Malaysia sits above it, Turkmenistan sits below it.
Verified data covers one of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | MY | TM | Difference |
|---|---|---|---|
| Corporate Tax | 24% | 8% | MY +16 pp |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Malaysia | 24% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Turkmenistan | 8% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +16 pp | Malaysia higher |
Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax, Wealth Tax.