Palm plantation conservation work
Hi we are forming a local company to buy oil palm plantation and to be converted to conservation area. We has an interested foreign NGO will loan us the money to purchase the plantation . we will manage the oil palm plantation for several year to pay back the loan without interest and at the same time doing conservation work. our question are; foreign investment fund like that is ok with Malaysia government or any restriction or any guide line. If we do repayment to foreign investment any Malaysia tax requirement.
Dear Yan Hock,
Thank you for connecting with Paul Hype Page!
Palm plantation conservation work is possible in Malaysia and there are many like-minded people who have conduct similar activities!
Malaysia allows foreign direct investment in most industries. For tax purposes, we recommend you to set up a holding company in Singapore or Hong Kong to control the operations in Malaysia.
Tax planning takes all factors into consideration, do approach us for discussion a discussion and possibilities for your investment journey in Malaysia!