10 years tax exemption for investing in Malaysia
10 years of tax exemption for investing in Malaysia The President of the Malaysian International Chamber of Commerce said that the Malaysian government supports investment in all parts of the country and provides incentives in this regard. Ms. Dato Vira Jalila Baba on Monday at the meeting of the Malaysian delegation in the Iranian Chamber of Commerce, Industries, Mines and Agriculture added: Malaysia welcomes joint cooperation with Iranian companies in the fields of information and communication technology, medicine, petrochemical and oil and gas industries Does.
He pointed to the good activity of this country in the mining sector and said: “These activities can be continued in the mining sector of Iran with joint cooperation. Jalilababa referred to his country’s actions to facilitate investment conditions in this country and said: Malaysia It is determined to provide the conditions for the acceptance of Iranian investors. The Malaysian official said: “The Malaysian government supports investment in all parts of the country and offers incentives in this regard. He mentioned the 10-year tax exemption as one of these incentives and added: the activity of Iranian investors in Malaysia It is an opportunity to reach the markets of the ASEAN member states (Association of Southeast Asian Nations).
“Iran’s exports to Malaysia have quadrupled in recent years, compared to 2006. The most important factor in reducing exports is the cessation of oil purchases from Iran,” said Malaysia Ambassador Raja Noshirvan Zainul Abedin.
He mentioned the years of sanctions and said that lifting the sanctions will help increase the level of relations. Zein al-Abedin pointed to the emphasis of the two countries’ presidents on increasing the level of trade between the two countries and said: “Malaysia is a platform for Iranian companies to bring their products to the ASEAN market.” He stressed the need to establish a preferential trade agreement between the two countries and called for tariff reductions to increase the level of trade. Malaysia is a country in Southeast Asia and its capital is Kuala Lumpur.