Costs & Funding
A competitive ringgit, productive workforce and investor-friendly policies make Malaysia one of the most cost-effective and easiest places to do business. In fact, Malaysia is ranked 18th out of 189 economies in the World Bank's Doing Business 2015: Going Beyond Efficiency report. Malaysia is also amongst the top 5 in IMD's 2014 World Talent Report, which assesses a country's ability to develop, attract and retain talent in a nation's economy.
As for location-specific expenses, the cost of doing business in Cyberjaya does not vary much from the general cost of doing business in Malaysia. Investors who require more specific details can contact the Malaysian Investment Development Authority (MIDA) for further advice and assistance.
As announced in the 2015 Budget, the current corporate tax of 25% will be reduced to 24% in 2016, and for small and medium sized enterprises from 20% to 19%. Furthermore, if you are an MSC Malaysia status company, you may opt for a Pioneer status that provides an exemption of the corporate tax for up to 10 years or Investment Tax Allowance (ITA).
If you are a startup with a great business idea, you’re in luck. Opportunity knocks on many doors in Cyberjaya, leading outstanding teams to angel investors, seed funds, government grants and successful incubators.