Malaysia has issued a special work permit specifically for digital nomads called De Rantau. The program aims to attract foreign and local digital professionals.
The proposed amendments to Malaysia’s Employment Act hopes to bring the act to international standards as required by the ILO and others.
Malaysia has made amendments to its Patent Act to ensure that its patent protection laws are in line with international standards.
Malaysia has extended the timeline for applicants seeking income tax incentives for qualifying activities in the East Coast Economic Region.
Malaysia has been a major recipient of Chinese investment and the country’s geostrategic position has made it a hub for many red-chip Chinese businesses.
Malaysia has made changes to its merger and acquisition rules to increase flexibility and transparency and improve regulatory enforcement.
As of January 2022, electric vehicle producers in Malaysia can enjoy a variety of tax incentives, such as tax exemptions for imports, excise, and sales.
Malaysia has enhanced incentives for businesses looking to establish a principal/regional hub in the country.
Malaysia will increase the national monthly minimum wage from May 1, 2022, by 25 percent from 1,200 ringgit (US$276) to 1,500 ringgit (US$345).
We discuss how Malaysia’s border reopening will benefit the tourism and palm oil production industries and list the updated entry requirements.