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Further Interesting Information on Malaysia

Did you know?
1.
According to The Economist, Malaysia's real gross domestic product (GDP) is expected to grow by an annual average of 5.3% in 2006-07.
2.
Malaysia gained independence from the British Empire in 1957.
3.
Malaysia is a net oil exporter and is benefitting from strong global oil prices.
4.
The population of Malaysia is approximately 24.4 million, according to a July 2006 estimate.
5.
Malaysia is a multi-ethnic, multi-cultural and multilingual society, consisting of 52% Malays and other indigenous tribes, 30% Chinese, 8% Indians.
6.
Malaysia is a constitutional monarchy.
7.
Malaysian law is based on English Common Law. Islamic law is applied to Muslims in matters of family law.
8.
Malaysia is perceived as the 33rd least corrupt country in the world, according to the 2006 corruption rankings of the World Democracy Audit.
9.
Malaysia provides a range of tax incentives for certain industries, including agriculture, manufacturing and tourism, usually in the form of a tax holiday for a limited period. Exemption from import duties, sales tax and excise duty are some of the more common indirect tax incentives available to investors in Malaysia.
10.
Malaysia is keen to attract technology companies through its Multimedia Super Corridor (MSC) incentives programme, which provides a range of financial and non-financial incentives such as research and development (R&D) grants and duty-free imports of multimedia equipment.
Contact Us
For more information on any of our Malaysia Corporate services, email email@ealyconsultants.com or telephone us at (+65) 6735 0120.

 

 

 

 


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