INVESTING IN PENANG

This guide is immaculately designed with the sole purpose to assist investors and businesses kickstart their efforts to invest and operate in Penang.

SETTING UP IN PENANG

Let InvestPenang be your first point of contact.

As the Penang State Government’s investment promotion agency, InvestPenang will help you get started in your plan to invest here. You can count on InvestPenang to provide the necessary facilitation and to assist you in your decision process.

Complimentary services offered by InvestPenang are:

Getting information that you require.

Linking you to the right companies/ agencies/ government departments/ people in Penang.

Meet and greet and coordinating your site selection visits in Penang.

Helping you find your preferred location for your business/ industry.

Assist in connecting you to local supply chain support providers.

Hand-holding support throughout the application and approval process.

Helping expatriate families settle in.

If required, assist in the resolution of issues with State/ Federal agencies during construction of industrial/ enterprise facility and well as post completion.

GUIDELINES ON INVESTING IN PENANG

For more information on the guidelines, you can visit the Malaysian Industrial Development Authority (MIDA) website at (www.mida.gov.my), which is our partner and the national agency in charge of the promotion and coordination of industrial and services investments in the country.

Getting Started

  • General Guidelines & Facilities
  • Manufacturing Sector
  • Services Sector

Details

Taxation

  • Taxation in Malaysia
  • Chargeable Income Classes
  • Company Tax
  • Personal Income Tax
  • Withholding Tax

Details

Registering a Business

  • Registering Business Entities In Malaysia
  • Guidelines On Equity Policy
  • Approval of Manufacturing Projects

Details

Intellectual Property Protection

  • Intellectual Property
  • Patents
  • Trade Marks
  • Copyright

Details

Business Location

  • Penang Industrial Zone
  • Strategic location highlight
  • Free Industrial Zone highlight
  • Expressway highlight
  • Penang Airport

View Location Map

Banking, Financial & Exchange

  • Financial System
  • Export Credit Refinancing
  • Securities Market
  • Labuan Financial Services

Details

Human Resources

  • Malaysia’s Workforce
  • Manpower Development
  • Labour Costs
  • Facilities For Recruitment
  • Labour Standards

Details

Incentive for Business

  • Investment Incentives Portal (i-Incentives)
  • Incentives offered including Tax exemptions, grants, soft loans and etc.

Details

CONNECT WITH US TODAY!

Our team is ready to assist you. We are equipped with industry insights and well-connected network, advising you on every aspect of investing in Penang.

CONNECT WITH US TODAY!

Our team is ready to assist you. We are equipped with industry insights and well-connected network, advising you on every aspect of investing in Penang.

Be In Touch