Doing business in Malaysia 2024

Malaysia, a springboard for digital and ESG investments

 

Malaysia, a springboard for digital and ESG investments

Malaysia is increasingly recognised as an investment hub, particularly in big tech and manufacturing. Significant investments in AI infrastructure and advanced technologies highlight the importance of growing the digital economy. Guided by the New Industrial Master Plan 2030 (NIMP 2030), the government is committed to nurturing high-value and innovation-driven sectors such as aerospace, chemical, electrical and electronic (E&E), pharmaceutical and medical devices.

In addition, the nation's diverse and multilingual workforce contributes to global competitiveness and ease of doing business. Efforts to enhance transparency and integrity of the tax system, such as the implementation of e-invoicing, further bolster Malaysia’s business and investor-friendly environment.

This guide has been prepared to assist those interested in entering or expanding in the Malaysian market. The coverage of the subjects is not exhaustive but is intended to deal with some of the more important and/or broad questions that may arise.

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Contact us

Ching Chuan Ong

Ching Chuan Ong

Chief Risk Officer and Assurance Partner, PwC Malaysia

Tel: +6 (03) 2173 0550

Steve Chia

Steve Chia

Tax Leader, PwC Malaysia

Tel: +60 (3) 2173 1572

Victor Saw

Victor Saw

Deals Partner, Business Restructuring Services, PwC Malaysia

Tel: +60 (3) 2173 1677

Shahrin Ismail

Shahrin Ismail

Consulting Leader, PwC Malaysia

Tel: +60 (3) 2173 1350

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