3.6
3.7
3.8
3.9
4.0
h. Information Management and
Processing
i. Economic/ Investment Research
Analysis
j. Strategic Sourcing, Procurement
and Distribution
k. Logistics Services
iii. Shared Services
a. Corporate Training and Human
Resource Management
b. F i n a n c e
&
Accounting
(Transactions, Internal Audit)
c. General Administration
d. IT Services
Employment Requirement
i. Tier 3: 15 high value jobs, including
three key strategic/management
positions
ii. Tier 2: 30 high value jobs, including
four key strategic/management
positions
iii. Tier 1: 50 high value jobs, including
five key strategic/management
positions
• Minimum monthly salary for high
value jobs is at least RM5,000
• Minimum monthly salary of key
strategic/management positions
is at least RM25,000
Definition of High Value Jobs
Jobs that require higher and
more diverse set of managerial/
technical/ profe s sional skills
such as management, analytics,
communication, problem-solving, and
proficiency in information technology
iv. At least 50% of the high value jobs
must be Malaysian by end of year
three.
Annual Business Spending
i. Tier 3: RM 3 million
ii. Tier 2: RM 5 million
iii. Tier 1: RM10 million
Must have HR training and development
plan for Malaysians.
The applicant should be the planning,
control and reporting centre for the
qualifying services.
Malaysian-owned and incorporated
businesses are encouraged to provide
headquarters-related services and
expertise to their overseas companies.
4.1 Significant use of Malaysia’s banking
and financial services and other
ancillary services and facilities (e.g
trade and logistics services, legal and
arbitration services, finance and treasury
services).
4.2 Income tax exemption threshold received
from services/goods-based company
inside and outside of Malaysia is based
on the ratio of 30:70 (inside:outside).
Note: Each tier (Tier 1 – Tier 3) can be
considered for an extension up to five
years within the tiers subject to fulfilling
the above criteria and:
a. Jobs: 20% incremental of the base
commitment; and
b. Business spending: 30% incremental
of the base commitment
5. FACILITIES ACCORDED TO PRINCIPAL HUB
An approved Principal Hub company will enjoy
the following facilities:
5.1 Bring in raw materials, components or
finished products with customs duty
exemption into free industrial zones,
LMW, free commercial zones and
bonded warehouses for production or
re-packaging, cargo consolidation
and integration before distribution to its
final consumers for goods-based
companies.
5.2 No local equity/ownership condition.
5.3 Expatriate posts based on requirements
of applicant’s business plan subject to
current policy on expatriates.
5.4 Use foreign professional services only
when locally-owned services are not
available.
5.5 A foreign-owned company is allowed to
acquire fixed assets so long as it is for the
purpose of carrying out the operations of
its business plan.
5.6 Foreign E xchange Administration
flexibilities will be accorded in support of
business efficiency and competitiveness
of companies under the Principal Hub.
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