Setting Up Business

Guidelines for setting up business 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-making process.

Our Complimentary Services

Initial Stage

Providing you with necessary information.

Local Service Providers

Assisting you to connect with local supply chain support providers.

Connecting & Bridging

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

Hand-holding Support

Providing you a hand-holding support from application to approval process.

Site Selection Visits

Coordinating your site selection visits.

Relocation Facilitation

Helping your expatriate family to settle down in Penang.

The Perfect Location

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

Investment Facilitation

Assisting in any matters arising with State/Federal agencies during or after project implementation, if required.

What is the cost of doing
business in Penang?

Guidelines On Investing In Penang

For more information on the guidelines, you can visit the Malaysian Industrial Development Authority (MIDA), 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
  • Service Sector
Registering a Business
  • Registering Business Entities in Malaysia
  • Guidelines on Equity Policy
  • Approval of Manufacturing Projects
Business Location
  • Penang Industrial Zone
  • Strategic Location Highlight
  • Free Industrial Zone Highlight
  • Expressway Highlight
  • Penang Airport
Human Resources
  • Malaysia’s Workforce
  • Manpower Development
  • Labour Costs
  • Facilities for Recruitment
  • Labour Standards
  • Taxation in Malaysia
  • Chargeable Income Classes
  • Company Tax
  • Personal Income Tax
  • Withholding Tax
Intellectual Property Protection
  • Intellectual Property
  • Patents
  • Trade Marks
  • Copyright
Banking, Financial & Exchange
  • Financial System
  • Export Credit Refinancing
  • Securities Market
  • Labuan Financial Services
Incentive for Business
  • Investment Incentives Portal  (i-Incentives)
  • Incentives offered including tax exemptions, grants, soft loans and etc.