Blog Posts

Tax Incentives in Malaysia

Tax Incentives in Malaysia image August 17, 2017

Malaysia has a favorable business climate and has a high degree of openness toward foreign investments. While some business sectors are closed to foreign entrepreneurs, the country encourages certain other industries through significant incentives. Our lawyers in Malaysia describe the tax incentives programme. 

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Possible Tax Breaks Included in the New Budget

Possible Tax Breaks Included in the New Budget image August 7, 2017

Malaysia’s Second Minister for Finance recently stated that the Government wishes to introduce targeted tax breaks in certain industries. The change would apply starting with this year and it would favor small and medium sized businesses. The goal is to help promote a number of key industries. 

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New Services to be Exempt from the GST

New Services to be Exempt from the GST image July 18, 2017

​Malaysia’s new initiative to include more zero-rated services in the scope of its goods and services tax (GST) has the potential to attract more foreign investors. 

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Five Small Business Ideas in Malaysia

Five Small Business Ideas in Malaysia image July 11, 2017

Our lawyers in Malaysia give you five small business ideas if you are interested in starting your own business in the country.

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Business Performance to Increase in Q2 of 2017

Business Performance to Increase in Q2 of 2017 image June 14, 2017

According to the Malaysian Department of Statistics, business performance will increase in the second quarter of 2017, compared to the preceding one. The estimate is based on the analysis of the business confidence indicator’s evolution.

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IMF: Recommendations to Improve Malaysia's Tax System

IMF: Recommendations to Improve Malaysia's Tax System image June 8, 2017

The International Monetary Fund released a set of recommendations for Malaysia, as far as its taxes and international tax avoidance rules are concerned. Our lawyers in Malaysia can give you details about the proposed recommendations and the current tax system in Malaysia. 

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RM 50 Million Grant for Palm Oil Industry in Malaysia

RM 50 Million Grant for Palm Oil Industry in Malaysia image March 15, 2017

The Malaysian government has always sustained the commodity industry regarding the food safety in the country and his year, there will be RM 50 million prepared and granted to make some changes and developments in this area.

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Lower Corporate Tax for Malaysian Small Companies in 2017

Lower Corporate Tax for Malaysian Small Companies in 2017 image November 30, 2016

The Malaysian Government has proposed a set of tax benefits for certain types of companies. The changes will be implemented starting with 2017 and are included in the Budget for next year. 

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World Bank Doing Business 2017 Report: Malaysia, on the 23rd Place

World Bank Doing Business 2017 Report: Malaysia, on the 23rd Place image November 12, 2016

Malaysia has been ranked 23rd out of the total 190 economies analyzed in the World Bank Doing Business Report. The country managed to remain in a good position due to its continuous efforts to improve the business climate.

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2017 Budget, Favorable for Small and Medium Companies in Malaysia

2017 Budget, Favorable for Small and Medium Companies in Malaysia image October 31, 2016

The 2017 Malaysian budget includes positive changes for small and medium companies operating in the country. This is a continuation of an initiative that started last year to encourage these types of businesses. 

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Malaysia and Ukraine Plan on Signing a Double Tax Treaty

Malaysia and Ukraine Plan on Signing a Double Tax Treaty image August 25, 2016

Malaysia and Ukraine have started working on a draft agreement for a new double tax treaty (DTA). The document would allow investors in Malaysia and employees from Ukraine to benefit from preferential withholding tax rates.

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Transportation Regulations in Malaysia

Transportation Regulations in Malaysia image August 18, 2016

The Malaysian Ministry of Transport oversees all transport sectors: land, maritime and aviation. The Ministry is the regulating government agency for all road, highways and means of transportation.

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The most imported and exported products in Malaysia

The most imported and exported products in Malaysia image August 16, 2016

Malaysia is an important trade hub in Southeast Asia. The country has good commercial relations with numerous countries and a series of bilateral agreements encourage foreign trade

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