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There is an increasing trend among MNCs to locate their operational headquarters in Malaysia mainly to support their Asia Pacific operations.
Some of the inducing factors to lead more companies coming to Malaysia for the OHQs includes:
· Political stability
· Good connectivity and strategic location within ASEAN
· Lower cost of doing business
· An educated,productive and multilingual work force
· Good infrastructure
· Resilient business environment
· Liberal policy on expatriate employment and ownership and
· Attractive incentive packages.
( Source:MIDA)
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- Setting Up An Operational Headquarters (OHQ) In Malaysia (Part 1)
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FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach.
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