News Formal

Malaysia sweetens tax incentives for companies to set up hubs

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

KUALA LUMPUR: Malaysia said on Tuesday (Oct 8) it would expand tax incentives for companies that use the country as a base for conducting their ...

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.

Companies that have yet to establish a presence in Malaysia can apply for tax rates of 0 per cent and 5 per cent for 10 years based on their investments and job-creation commitments. Previously the tax rates for such companies were 0 per cent, 5 per cent and 10 per cent.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Malaysia probing 80 individuals, companies in 1MDB case: Anti-graft chiefMalaysia has begun investigating about 80 individuals and entities for allegedly receiving money from 1MDB, which is under scrutiny for corruption ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Malaysia fines 80 individuals, companies in 1MDB case: Anti-graft chiefMalaysia has begun investigating about 80 individuals and entities for allegedly receiving money from 1MDB, which is under scrutiny for corruption ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »