Malaysia covid-19 and economic recovery

Malaysia has shown a great management & recovery against the COVID-19 virus. During a video meeting of ASEAN state chiefs on the pandemic situation, Prime Minister of Malaysia Tan Sri Muhyiddin Yassin has proposed that Asean may formulate an economic recovery plan post-COVID-19 (coronavirus) that emphasize not only on the finance but also on social safety, food, and education.

Malaysia is also being praised for the fastest recovery inside Asia, affected & death rates are getting lower day by day. The citizens and legitimate foreign businessmen are getting various financial & business benefits from the government. Also, foreign workers have been given a 25% discount on the levy. At present various factories have been opened in a limited way; the rest will be opened as soon as the situation is right.

Current pandemic business facilities in Malaysia

1. Govt. stimulus package USD 59.6 Billion
2. RM 3000 for tax-paying SDN BHD (Pvt. Ltd.) companies
3. RM 600 to RM 1200 salary allowance for local employees
4. 25% less on foreign workers levy
5. Up to RM 10,000 interest-free bank loan
6. Up to RM 1 Million bank loan (2-4 percent interest) for 5 years plus & without collateral deposit
   
7. 30% tax deduction for landlords if take less rental from business owners
8. Malaysia also made coronavirus treatment free for foreign workers & declared no soul in Malaysia will be hungry, which is the best example of responsible & respectable leadership of the government. 

This is why, investors from all over the world come to Malaysia with family & kids because of security, respect & loving nature which are the best gift of daily Malaysian life, which is hard to find in many other countries in the world. Invest in Malaysia this 2020, as a foreign direct investment for a better future & family. We are offering many business varieties in various investment budget for foreign investors to make a profitable business investment as per their budget, so everyone gets a fair chance to make genuine investment & business in Malaysia to grow together with Malaysia.

Why Lim & Ani Associates Sdn Bhd
We are providing one of the best business & company services in Malaysia, with experienced & licensed company secretaries, professional accountants, auditors, tax & SST experts, expert business advisors and we are offering a one-stop business solution in Malaysia. As one of the best leading corporate advisors, we make sure that your company registration & investment in Malaysia runs smoothly & tensions free while meeting all the existing compliance laws and regulations.
Our advisory line to discuss more +60108242527 (whatsapp available)

Call, Email or text us & take an appointment from the website to visit our office in Malaysia.
LIM & ANI ASSOCIATES SDN BHD
Call: +60108242527 (imo, whatsap & viber)
Call: +601121189303
Call: +603-84081680 (office landline)
Email: advisory@mbbusinessjoint.com
www.mbbusinessjoint.com

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