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Malaysia Enhances Principal Hub Incentive

11 October 2019

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Approved Changes

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Malaysia

The Malaysian Investment Development Authority has announced the enhancement of the Principal Hub incentive. --- Principal Hub Incentive 2.0: Malaysia's Headquarters Hub Incentive Enhanced 8 October 2019, Kuala Lumpur – The Government has announced enhancements to the Principal Hub (PH) incentive, which was previously introduced in 2015. Companies with existing operations in Malaysia can now further leverage Malaysia as a base for conducting their regional or global businesses. The key functions of principal hub companies include management of risks, decision making, strategic business activities, trading, finance, management and human resource. Effective 2019, companies approved with the enhanced Principal Hub incentive,...