Doing Business in Malaysia VS Turkey – A Comparison
Malaysia and Turkey are two attractive markets for entrepreneurs seeking international expansion. Malaysia stands out for its cost-effective operations, digital infrastructure, and access to Southeast Asia, while Turkey offers a strategic location bridging Europe and Asia, with a large domestic market and growing export potential. This side-by-side comparison helps you evaluate which location better suits your investment and growth plans.
Malaysia: Malaysia features political stability, clear legal frameworks, and government incentives to attract foreign investors across multiple sectors.
Turkey: Turkey has a diversified economy and strategic trade location, but faces occasional regulatory unpredictability and macroeconomic volatility.
Taxation
Malaysia: Corporate tax is 24%, with tax exemptions and incentives for sectors like manufacturing, tech, and logistics. Capital gains are generally not taxed.
Turkey: Corporate tax is 20%, but subject to changes. Capital gains are taxed based on the type of asset and holding period.
Turkey: Incorporation is straightforward, but requires local legal presence and registration with multiple agencies. Physical presence is often needed for notarization and tax office filings.
Turkey: Turkey offers low labor costs but rising inflation and currency fluctuations may increase operational uncertainty for foreign investors.
Access to Markets
Malaysia: Malaysia is part of ASEAN and has strong access to regional and global markets through multiple trade agreements. See company setup in Malaysia to explore opportunities.
Turkey: Turkey enjoys customs union access to the EU and serves as a hub for Middle Eastern, Central Asian, and European markets.
Quick Comparison Overview
Here’s a quick overview of the key differences for easy reference.
Selecting the right partner is crucial when it comes to starting a business in Malaysia. At 3E Accounting, we offer a comprehensive range of solutions designed to simplify the entire process of company incorporation in Malaysia. From ensuring compliance with local regulations to providing expert guidance tailored to your specific needs, we make the journey seamless.
To explore our services or discuss your business needs, contact 3E Accounting. With our strong presence in Malaysia and a proven track record, we are your trusted partner for success in Asia.
Ready to Expand into Malaysia? Choose 3E Accounting Today!
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Malaysia offers a stable legal system, digital company registration, and broader access to ASEAN markets. Learn more about company incorporation in Malaysia to explore your options.
Malaysia offers a faster, digital process with fewer bureaucratic steps. Services like company incorporation services simplify setup for foreign investors.
Malaysia offers a 24% corporate tax rate with incentives and no capital gains tax. Turkey’s rate is 20%, but capital gains are taxed based on the asset and duration.
Abigail Yu oversees executive leadership at 3E Accounting Group, leading operations, IT solutions, public relations, and digital marketing to drive business success. She holds an honors degree in Communication and New Media from the National University of Singapore and is highly skilled in crisis management, financial communication, and corporate communications.
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