There are plenty of reasons to invest in Malaysia, given its strong GDP per capita and proactive business conditions. Here are some of the reasons why foreigners choose Malaysia as an investment destination:
The corporate tax in Malaysia is one of the lowest in the world at 17%, including multiple tax incentives for SMEs.
Large consumer base
Malaysia has one of the largest populations in Southeast Asia at 33 million – this means that businesses can tap on this consumer base with growing spending power and middle-income class.
The GDP per capita in Malaysia is at USD 12,450 in 2022, ranking at 63rd.
You can check out the top business opportunities in Malaysia 2023 in our article here.