Free movement of funds for foreign investment
in Malaysia
Protection of intellectual property rights
Company tax rate
of 28%
Individual tax rate from 0%-28%
No minimum wages law
Minimum
conditions of employment under the Employment Act 1955
Compulsory contributions:
Employees Provident Fund
Employment Injury Insurance Scheme and Invalidity
Pension Scheme
Human Resources Development Fund
Investment guarantee
agreements
Double taxation agreements
Responsible trade unions and harmonious
industrial relations
INCENTIVES
Eligible industries/sectors
Manufacturing
Agriculture
Tourism
Manufacturing related services:
Integrated logistics
services
Integrated market support services
Integrated central utility
facilities
Others, including:
Research
and development
Environmental management
Training
ICT
Operational
headquarters
Regional distribution centres
International procurement centres
Main
incentives:
Pioneer status
Full income tax exemption
Investment
tax allowance
Accelerated capital allowance
Industrial building allowance
Infrastructure allowance
Reinvestment allowance
Export incentives
Import duty exemption on raw materials, components, machinery and equipment
FACILITIES
Comprehensive
system of vocational and industrial training
Financial assistance for training
of workers
Well-developed financial and banking sector providing credit to
industry
Export credit refinancing
Export credit insurance
Active
and efficient stock exchange for raising capital
Fully developed industrial
parks for industry
high-tech parks
free zones for export industries
Multimedia Super Corridor (MSC)
Ample electricity and water supply
at reasonable costs
High quality telecommunications network and services
Well-equipped
seaports and airports connected to the world
Network of well-maintained highways
and railways
Joint Venture
The
government encourages joint ventures in the manufacturing sector between Malaysian
and foreign investors. To assist local and foreign manufacturers to identify
suitable joint venture partners for projects in Malaysia, MIDA has set up a Registry
of Investors and Contract Manufacturers (RICOM). The Registry also assists Malaysian
contract manufacturers in forging business links to supply to world markets.
When
you register with RICOM, details of your company and project proposal will be
posted in the RICOM Directory free-of-charge. However, MIDA reserves the right
to edit your submitted text for clarity and length. Please allow seven days for
your information to be processed.
