Malaysian Investment Development Authority (MIDA) has published new Guidelines for Principal Hub Incentive. As previously reported the incentive has been enhanced as the Principal Hub Incentive 2.0 with effect from 2019. The new Guidelines apply for applications received by MIDA from 1 January 2019 until 31 December 2020.
Eligibility Criteria
As provided in the new Guidelines, the general eligibility criteria for the Principal Hub Incentive include that the applicant company:
- is locally …