Malaysia Releases New Guidelines for the Principal Hub 2.0 Incentive

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On 8 October 2019, the Malaysian Investment Development Authority ("MIDA") announced enhancements to the Principal Hub ("PH") incentive, referring to it as the PH 2.0 incentive. Following the announcement, MIDA issued new guidelines for PH 2.0, which are applicable to PH applications received by MIDA from 1 January 2019 to 31 December 2020.