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Further Interesting Information on Malaysia

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Did you know?
1.
Malaysia’s real gross domestic product (GDP) contracted to -2.2% in 2009.
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 25.7 million, according to a July 2009 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 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.
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 negatively perceived as the world’s 60th least corrupt country, according to the 2011 Corruption Perceptions Index by Transparency International, a global measure of corruption amongst public officials and politicians.
Contact Us
For additional information on any of our Malaysia corporate services, email email@ealyconsultants.com or telephone us at (+65) 6735 0120.

 

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