MM2H PARTICIPANTS ARE NOT ALLOWED TO DO BUSINESS
The MM2H Pass is a Social Visit Pass and allows MM2H participant to long-stay in Malaysia.
If MM2H participant intends to do business, he/she would need to terminate the MM2H Pass.
MM2H participant who is interested to invest in Malaysia can contact the Malaysia Industrial Development Authority at:
Malaysian Industrial Development Authority (MIDA) Block 4, Plaza Sentral, Jalan Stesen Sentral 5, Kuala Lumpur Sentral,
50470 Kuala Lumpur, Malaysia.
Tel: 603-2267 3633
Fax: 603-2274 7970
Website : www.mida.gov.my
MINISTRY OF FINANCE (MOF) : NO GOODS & SERVICES TAX (GST) EXEMPTION FOR VEHICLE PURCHASE
Finance Minister decides that there will be no exemption of GST for the purchase of vehicles by the Malaysia My Second Home (MM2H) participants effective 1 April 2015.
However, application for duty / tax exemption submitted to MOF before 1 April 2015 will be considered for GST exemption for a period of three (3) months from the approval date.
MOF will not entertain any request to extend the period of application or GST exemption to purchase vehicles under MM2H programme.
Thank You. Malaysia My Second Home (MM2H) Centre MALAYSIA