Malaysia Extends Income Tax Incentive Applications for the East Coast Economic Region
Malaysia has extended the timeline for applicants seeking income tax incentives for qualifying activities in the East Coast Economic Region.
Electric Vehicles in Malaysia: Tax Incentives for Owners and Manufacturers
As of January 2022, electric vehicle producers in Malaysia can enjoy a variety of tax incentives, such as tax exemptions for imports, excise, and sales.
Malaysia Enhances Incentives for Businesses Looking to Establish a Principal Hub
Malaysia has enhanced incentives for businesses looking to establish a principal/regional hub in the country.
Malaysia Increases Minimum Wage from May 1, 2022: What are the Implications for Businesses?
Malaysia will increase the national monthly minimum wage from May 1, 2022, by 25 percent from 1,200 ringgit (US$276) to 1,500 ringgit (US$345).
Malaysia’s Post-Election Rally
May 17 – Last week during the national elections in Malaysia, the National Front Coalition (NFC), the party that has governed Malaysia for 56 consecutive years, won a majority of the country’s parliamentary seats to officially extend its reign. The NFC first obtained majority after Malaysia declared independence from Britain in 1957, and has won 13 […]