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."
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer: