KUALA LUMPUR, Oct 22 (Bernama) -- The two per cent Employees Provident Fund (EPF) contribution rate payable by employers for non-Malaysian workers is relatively low, the Finance Ministry (MOF) said.
Business : EPF Contribution Rate For Foreign Workers Relatively Low, Says MOF
MOF, EPF, contribution, mandatory, SMEs, foreign
Key takeaways
The MOF states that the 2% EPF contribution rate for foreign workers is low, balancing social protection and employer costs.
- The 2% EPF rate for foreign workers is considered low by the MOF.
- The rate aims to balance worker protection with employer costs, especially for SMEs.
- Over 78,000 employers, including 86% SMEs, have contributed to EPF for foreign workers since 2025.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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