Malaysia sweetens tax incentives for companies to set up hubs

  • 📰 ABSCBNNews
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 83%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

KUALA LUMPUR - Malaysia said on Tuesday it would expand tax incentives for companies that use the country as a base for conducting their regional or global business.

Effective this year, companies eligible for the government's Principal Hub incentive will be able to enjoy a 10 percent tax rate for their operations instead of the wider corporate tax rate of 24 percent, the Malaysian Investment Development Authority said.

Companies that have yet to establish a presence in Malaysia can apply for tax rates of 0 percent and 5 percent for 10 years based on their investments and job-creation commitments. Previously the tax rates for such companies were 0 percent, 5% and 10 percent. "The review aims to make Malaysia competitive with other countries in the region as the optimal headquarters hub in Asia Pacific."

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인