Corporate Tax Comparison

Malaysia vs Philippines

Compare Malaysia and Philippines corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.

Published — Malaysia: 2/14/2024 · Philippines: 8/07/2024 · Time of Update — Malaysia: 9/30/2026 · Philippines: 4/05/2026

Base Country/Region

Compare Country/Region

Compare Corporate Tax

Malaysia

Philippines

Basic Corporate Tax Comparison

PwC World Tax Summary OECD Statistics

Published — Malaysia: 2/14/2024 · Philippines: 8/07/2024 · Time of Update — Malaysia: 9/30/2026 · Philippines: 4/05/2026

Corporate Income Tax (CIT)

Malaysia

Philippines

General CIT Rate:

25%

CIT Return Due Date:

Within seven months after the end of the accounting period.

CIT Return Due Date:

Quarterly return: Within 60 days from the close of each of the first three quarters. Annual return: On or before the 15th day of the fourth month following the close of the taxable year.

CIT Payment Due Date:

The last day of the seven-month period following the end of the accounting period.

CIT Payment Due Date:

On the 15th day of the fourth month following the close of the taxable year.

CIT Estimated Payment Due Date:

Prepaid taxes are to be paid in 12 monthly installments.

CIT Estimated Payment Due Date:

Quarterly instalments paid within 60 days after each quarter.

Withholding Tax (WHT)

Malaysia

Philippines

Resident Withholding Tax (Dividend/Interest/Royalty):

0/0/0

Resident Withholding Tax (Dividend/Interest/Royalty):

25/20/25

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

0/0 - 15/10

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

25/20/25

Value-Added Tax (VAT)

Malaysia

Philippines

General VAT Rate:

10/8

General VAT Rate:

Learn More Value-Added Tax (VAT)

Capital Gain Tax (CGT)

Malaysia

Philippines

General Capital Gain Tax Rate:

Since 1 March 2024 a company pays capital gains tax on disposals of unlisted shares of Malaysian companies (10% of the net gain, or 2% of the gross disposal price for shares acquired before 1 January 2024), on section 15C shares and on foreign capital assets received in Malaysia. Gains on real property in Malaysia are subject to RPGT (up to 30%).

General Capital Gain Tax Rate:

If the net capital gain is within P100,000, the applicable tax rate is 5%, and the excess is 10%.

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