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.

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.

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.