Business in Malaysia

Doing Business in Malaysia

Doing Business in Malaysia

About MIDA

Vision
The best partner to investors distinguished by the integrity and professionalism of its people.

Mission
To ensure Malaysia achieves its goal in economic transformation and its aspiration of a developed nation by 2020

The Malaysian Investment Development Authority (MIDA) is the government’s principal agency for the promotion of the manufacturing and services sectors in Malaysia.

Incorporated as a statutory body under the Malaysian Industrial Development Authority (MIDA) Act, the establishment of MIDA in 1967 was hailed by the World Bank as “the necessary impetus for purposeful, positive and coordinated promotional action” for Malaysia’s industrial development. Today, MIDA’s is Malaysia’s cutting-edge, dynamic and pioneering force in opening pathways to new frontiers around the globe.

MIDA assists companies which intend to invest in the manufacturing and services sectors, as well as facilitates the implementation of their projects. The wide range of services provided by MIDA include providing information on the opportunities for investments, as well as facilitating companies which are looking for joint venture partners.

To further enhance MIDA’s role in assisting investors, senior representatives from key government agencies are stationed at MIDA’s headquarters in Kuala Lumpur to advise investors on government policies and procedures. These representatives include officials from the Department of Labour, Immigration Department, Royal Malaysian Customs, Department of Environment, Tenaga Nasional Berhad and Telekom Malaysia Berhad.

MIDA also evaluates the following applications for projects in the manufacturing and its related services sectors:

  • Manufacturing licenses
  • Tax incentives
  • Expatriate posts
  • Duty exemptions on raw materials, components, machinery and equipment

Investors are encouraged to discuss their project interests with MIDA officers at MIDA’s headquarters in Kuala Lumpur or at its overseas or state offices closest to them. Information on investing can also be obtained from the Investors’ Guide section. Investors are also invited to visit MIDA’s Business Information Centre (BIC) where published information on investment, trade, financing, productivity pertaining to the manufacturing and services sectors are available.

The BIC is located at:

Level 2, MIDA Sentral
No.5, Jalan Stesen Sentral 5
Kuala Lumpur Sentral
50470 Kuala Lumpur
Tel : 03 2267 3633/2263 2555/2263 2549
Fax: 03 2274 7970

Opening hours: Monday to Friday – 8:30 am to 5:00 pm

Download:

– MIDA’s Corporate Background

– Corporate Milestone

 

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