Malaysia - Ease of doing business

New business density (new registrations per 1,000 people ages 15-64)

New business density (new registrations per 1,000 people ages 15-64) in Malaysia was 2.13 as of 2020. Its highest value over the past 14 years was 2.47 in 2007, while its lowest value was 2.13 in 2020.

Definition: New businesses registered are the number of new limited liability corporations registered in the calendar year.

Source: World Bank's Entrepreneurship Survey and database (http://www.doingbusiness.org/data/exploretopics/entrepreneurship).

See also:

Year Value
2006 2.23
2007 2.47
2008 2.31
2009 2.25
2010 2.34
2011 2.35
2012 2.30
2013 2.30
2014 2.40
2015 2.37
2016 2.20
2017 2.42
2018 2.37
2019 2.30
2020 2.13

Time to obtain an electrical connection (days)

Definition: The average wait, in days, experienced to obtain an electrical connection from the day an establishment applies for it to the day it receives the service.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2007 10.70
2015 1.80

Power outages in firms in a typical month (number)

Definition: Power outages are the average number of power outages that establishments experience in a typical month.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2015 0.100

Firms experiencing electrical outages (% of firms)

Definition: Percent of firms experiencing electrical outages during the previous fiscal year.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2015 18.90

Time required to get electricity (days)

The value for Time required to get electricity (days) in Malaysia was 24.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 45.00 in 2012 and a minimum value of 24.00 in 2018.

Definition: Time required to get electricity is the number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

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Year Value
2009 45.00
2010 45.00
2011 45.00
2012 45.00
2013 31.00
2014 31.00
2015 31.00
2016 31.00
2017 31.00
2018 24.00
2019 24.00

Firms visited or required meetings with tax officials (% of firms)

Definition: Percent of firms that were visited or required to meet with tax officials.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2015 21.60

Firms that spend on R&D (% of firms)

Definition: Percent of firms that spend on research and development.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2015 10.50

Firms experiencing losses due to theft and vandalism (% of firms)

Definition: Percent of firms experiencing losses due to theft, robbery, vandalism or arson that occurred on the establishment's premises.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2015 17.40

Firms expected to give gifts in meetings with tax officials (% of firms)

Definition: Firms expected to give gifts in meetings with tax officials is the percentage of firms that answered positively to the question "was a gift or informal payment expected or requested during a meeting with tax officials?"

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2015 23.70

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Malaysia was 16.70 as of 2019. Its highest value over the past 14 years was 16.70 in 2019, while its lowest value was 15.60 in 2005.

Definition: Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

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Year Value
2005 15.60
2006 15.60
2007 15.60
2008 15.60
2009 15.60
2010 15.60
2011 15.60
2012 15.60
2013 16.40
2014 16.40
2015 16.40
2016 16.40
2017 16.40
2018 16.40
2019 16.70

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Malaysia was 2.50 as of 2019. Its highest value over the past 14 years was 2.50 in 2019, while its lowest value was 1.00 in 2015.

Definition: Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 1.40
2006 1.40
2007 1.40
2008 1.40
2009 1.40
2010 1.40
2011 1.40
2012 1.40
2013 1.10
2014 1.10
2015 1.00
2016 1.00
2017 1.00
2018 1.00
2019 2.50

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Malaysia was 19.60 as of 2019. Its highest value over the past 14 years was 22.70 in 2016, while its lowest value was 16.50 in 2009.

Definition: Profit tax is the amount of taxes on profits paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 19.10
2006 19.10
2007 19.10
2008 17.50
2009 16.50
2010 16.90
2011 17.10
2012 17.60
2013 21.70
2014 21.90
2015 22.70
2016 22.70
2017 21.80
2018 21.80
2019 19.60

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment