Malaysia Hotline: +603- 2141 8908
Malaysia
has always welcomed investments in its manufacturing sector. Desirous of
increasing local participation in this activity, the government encourages
joint-ventures between Malaysian and foreign investors.
Equity policy for New, Expansion, or
Diversification Projects
Since
June 2003, foreign investors could hold 100% of the equity in all investments
in new projects, as well as investments in expansion/diversification projects
by existing companies, irrespective of the level of exports and without excluding
any product or activity.
The equity policy also applies to:
Companies
previously exempted from obtaining a manufacturing license but whose
shareholders’ funds have now reached RM2.5 million or have now engaged 75 or
more full-time employees and are thus required to be licensed.
Existing
licensed companies previously exempted from complying with equity conditions,
but are now required to comply due to their shareholders’ funds having reached
RM2.5 million.
Equity Policy Applicable for Existing
Companies
Equity
and export conditions imposed on companies prior to 17 June 2003 will be
maintained. However, companies can request for these conditions to be removed
and approval will be given based on the merits of each case.
Contact us
If you have further queries, please contact Tannet
24 hours Malaysia hotline:603-21418908;
24 hours Hong Kong hotline:852-27837818;
24 hours Hong Kong hotline:86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my