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Malaysia

Malaysia

At a glance

  • Capital

    Kuala Lumpur

  • Currency

    Malaysian Ringgit (RM, MYR)

  • Official Languages

    Malay (official language)

  • Population Size

    32,770,600 (Feb 2023)

  • Ease of doing business

    Very Easy

  • VAT

    10% Sales Tax and 6% Service Tax

About

Malaysia is home to some of the most diverse wildlife in the world as a result of its rainforest-covered landscape and large marine territories encompassing part of the Coral Triangle. Its capital, Kuala Lumpur, is also a robust financial centre. The country’s economic focus is moving away from mining and natural resources on to manufacturing, although export of palm oil remains a big industry. Mauve has its own local entity in Malaysia and is ready to assist with your requirements through our extensive range of in-country services.