Are there any incentives for Chinese to start a company in Malaysia?

Chinese people who go to Malaysia to open a company can indeed enjoy a series of favorable policies.

The Malaysian government has provided a series of preferential policies and measures to attract foreign investors, especially Chinese investors. First of all, from the tax point of view, Malaysia's corporate tax is relatively low. For companies with paid-up capital below a certain amount, their first income of a certain amount can enjoy a lower tax rate. In addition, foreigners can transfer all of their legitimate after-tax income in Malaysia to foreign countries, which provides investors with flexibility in the utilization of their capital.

In addition to tax policies, Malaysia also offers investment incentives for specific industries. For example, in the multimedia, software and information industry, investors can apply for "Multimedia Corridor Status" and, once approved, are exempted from taxation for a certain number of years. Similar tax breaks and incentives are available in the manufacturing and agricultural sectors.

In terms of business environment, Malaysia has a sound legal system and regulations to protect the rights and interests of investors, providing good legal protection for foreign investors to set up companies in Malaysia. In addition, as a member of ASEAN, Malaysia has advantages in regional cooperation and free trade, which also provides more business opportunities and development space for companies registered in Malaysia.

To summarize, Chinese people going to Malaysia to open a company can enjoy tax, industry incentives and a good business environment and other aspects of policy support, which helps to reduce business operating costs, improve competitiveness and expand overseas markets.