Business Opportunities in Malaysia March 2019 - Italian ...
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Business Opportunities in Malaysia
March 2019
What we do
Institutional Networking Knowledge Sharing
IMBA acts as a point of contact between IMBA shares with its Members relevant
the Italian Business Community and the information and knowledge regarding
Malaysian Government bodies. the Malaysian and Italian business
environment through several channels,
Thanks to its strong relationship with such as Facebook, LinkedIn and
several ministries and agencies, such periodic newsletters.
as MITI (Ministry of International Trade
and Industry), MIDA (Malaysian Each month, IMBA publishes In Motion
Investment Development Authority), – the Italy Malaysia Business
MATRADE (Malaysia External Trade Magazine, a curated newsletter
Development Corporation), Invest KL, showcasing our initiatives, activities and
Invest Selangor and MDEC (Malaysia the latest news and business
Digital Economy Corporation), IMBA is opportunities gathered from various
able to bring the business issues of its Italian and Malaysian sources.
Members to the relevant institutions.
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What we do (cont’d)
European Advocacy and Projects Social Networking
IMBA is a Bilateral member of EUMCCI IMBA promotes the Italian culture, art
(Eu-Malaysia Chamber of Commerce and lifestyle through ongoing social
and Industry) and a representative of events, in collaboration with the Italian
IMBA is a Director of EUMCCI Board. Embassy and the Italian Trade Agency
IMBA is involved in EUMCCI advocacy
initiatives, such as the EU Malaysia
Free Trade Committee, and in other
business related activities, such as the
SEBSEAM-M project (Support for
European Businesses in South-east
Asia Markets – Malaysia compontent)
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IMBA is a one-stop service center for Italian companies
entering or operating in Malaysia
Business Market IPR Business
matching studies protection planning
Distribution Manufacturing Regulatory Company
strategy strategy consulting incorporation
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The Italian Emporium on Lazada Malaysia, the first digital
window for Made in Italy in South-east Asia
✓ The Italian Emporium will be launched in April 2019 as a dedicated section on Lazada Malaysia
to promote and sell Made in Italy products. The initiative will be extended to other regional
online marketplaces in the future
✓ The initiative is open to local importers and distributors of Italian products as well as Italian
companies
✓ Each seller will have its own independent store that will be featured on The Italian Emporium
page
✓ IMBA has partnered with one of the top e-distribution service provider to provide sellers the
option of outsourcing their ecommerce operations
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IMBA currently counts over 120 members
8 Companies with 22 importers and 15 service providers
manufacturing distributors of Italian (accounting & tax, finance,
facilities in Malaysia products marketing, IT, business
consulting, legal, digital
solutions, design)
4 aerospace & 4 EPC contractors
defence (O&G, Energy,
Infrastructure)
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Malaysia is the Regional Manufacturing and Commercial
HUB of choice for many Multinational Corporations
Investment Guarantee Agreements
(IGAs)
Malaysia is ranked 15th for Ease of Doing
Business by the World’s Bank 2019 Report
Equity Ownership Repatriation of Income Employment of Expatriates
Foreigners are allowed to hold Freedom to repatriate • Key posts (posts that are
100% equity ownership in the capital, interest, dividends permanently filled by
manufacturing and selected and profits. No restrictions foreigners)
services sectors • Term posts (posts that are filled
by foreigners for a period of 1-5
years)
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Key sectors for investments in Malaysia
Investment Opportunities in Investment Opportunities in
the Services Sector the Manufacturing Sector
Resourced-based Machinery & equipment,
industries components & parts and
Logistics Hub ICT Services Hotel &Tourism Moulds & dies
Oil & Gas, Food & Agro
based and CValue-added Industries
Education & training Regional Environmental products from natural manufacturing
Establishment Management
halal resources. intermediate goods
Alternative Energy Sources,
High technology, Biotechnology, Advanced
Medical Tourism Offshore &
capital intensive Materials, Advanced Electronics,
Outsourcing
Optics and Photonics,
Activities & knowledge Petrochemicals,
driven industries Pharmaceuticals, Medical
Devices, ICT & Aerospace
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The Malaysian Government offers a wide range of
incentives to foreign investors
Investment Tax Reinvestment Import Duty
Pioneer Status
Allowance Allowance Exemption
Income tax 60% or 100% on 60% on qualifying For raw materials /
exemption ranging qualifying capital capital expenditure components and
from 70% or 100% expenditure for 5 for 15 consecutive machinery and
for a period of 5 or years years equipment
10 years
Other Incentives:
Automation Less Independent
Principal Conformity
Hub Capital Developed
Allowance Area Assessment
Expenditure Bodies (ICAB)
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Key Partners
One Stop Centre for FDIs in One Stop Centre for MNCs
Malaysia, operating under looking to establish their
the Ministry of International Regional HUBs in Greater
Trade and Industry Kuala Lumpur
One Stop Centre for One Stop Centre for
FDIs in manufacturing Digital Economy in
projects in the State of Malaysia
Selangor
10IMBA – Italy Malaysia Business Association
c/o ITA, Office Suite 19-14-1 & 3A, Level 14, UOA Centre
No. 19, Jalan Pinang, 50450 Kuala Lumpur - Malaysia
www.imba.org.my
secgen@imba.org.my
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