| BRUNEI DARUSSALAM |
INDONESIA |
LAO PDR |
MALAYSIA |
MYANMAR |
PHILIPPINES |
SINGAPORE |
THAILAND |
VIETNAM |
|
1. Agency Involved in Administering Investment Application and Granting Incentives |
| The Ministry of Industry and
Primary Resources administer
investment application
The Economic Development Board (EDB) of Brunei under the Ministry of Finance consider investment incentives |
The Investment Coordination Board or BKPM |
The Foreign Investment
Management Committee (FMIC) |
The Malaysian Industrial Development Authority (MIDA) under the Ministry of International Trade and Industry (MITI) |
The Myanmar Investment Commission (MIC) |
The Board of Investments (BOIs) and the Export Processing Zone Authority (EPZA) and Subic Bay Metropolitan Authority |
The Economic Development Board (EDB) under the Ministry of Trade and Industry |
The Board of Investment or BOI |
Ministry of Planning and Investment, qualified Provincial People's Committees or Boards of Management of Industrial Zones
depending on type of projects. |
| 2. Conditions |
| 1. Registration with the Registrar of Companies is required prior to application.
2. Miscellaneous Licenses are also required for certain business, such as retail shops, furniture factories, financial institutions, etc. |
1. Investors must secure necessary license for the establishment of a joint venture with Indonesia individuals or corporations, named PMA or Pananaman Modal Asing.
2. Duration of approval is 30 years starting from the time of commercial production. In the case of investment for expansion, the duration can be extended up to 30 years starting from the time of commercial production with the investment for expansion. |
N. A. |
1. Investors in any 'manufacturing' activity as defined under the Industrial Coordination Act,1975 must obtain a license from the Licensing Officer (Secretary-General of MITI).
2. All manufacturing companies with shareholders' funds of RM 2.5 million and above or engaging 75% or more full-time employees need to apply for a manufacturing license under the Industrial Coordination Act, 1975.
3. Applications manufacturing for license and for incentives should be made to the Malaysian Industrial Development Authority (MIDA).
4. At the state level, investment centers have been formed to provide efficient services to investors. These centers are assisted by Special Committees for the processing of licenses, permits, and deal with other matters administered at the state level.
5. The Companies Act is the principal legislation governing companies in Malaysia. Under the Companies Act of 1965, any company which intends to carry on business in Malaysia must register a branch or incorporate a company with the Registrar of Companies before conducting any business activity. |
1. A promoter for foreign investment shall submit a proposal in the prescribed form to MIC. The MIC will issue a Permit if the proposal is approved,
2. If the approved economic activity is to be formed as a limited company, it must apply for Permit to Trade from the Ministry of National Planning and Economic Development through the Company Registration Office.
3. After being granted a Permit to Trade, the company must be registered with the Company Registration Office under the Ministry of National Planning and Economic Development.
4. A company involved in foreign trade has to apply for registration as an exporter/importer with the Ministry of Commerce. |
1. To qualify for incentives, a foreign investor should file its application with the Board of Investments (BOls) or with the Export Processing Zone Authority (EPZA) for registration regardless of foreign equity ratio. BOls provides an annual listing of preferred investment activities separated into 'Pioneer' and 'NonPioneer'. An area is declared pioneer if it involves the manufacturing or processing of goods or raw materials that have not been produced in the Philippines. [Refer to the Investment Priorities Plan (IPP) published by BOI for further information]. The Subic Bay Metropolitan Authority is responsible for the implementation of the Bases Conversion and Development Act of 1992.
2. If the activity is not listed in the IPP, an investorinterested in an export-oriented project may apply for registration with EPZA and locate in one of the export processing zones.
3. Foreign investment in enterprises registered under Books I (BOI) and VI (EPZA) of the 1987 Omnibus Investments Code (E.O.226) are still required to be registered with the Central Bank (now Bangko Sentral ng Pilipinas or BSP)
4. Investments (CFI) in Trade, Tourism, Agriculture, Natural Resources, Transportation, Communications, and Services. It serves as a one-stop shop facility for investors providing information on investment opportunities and procedures.
|
N. A. |
To qualify for incentives, an investor shall file its ap lication with the Office of the Board of Investment (OBOI). A wide range of activities in both manufacturing and services sectors are eligible for promotion. The approval process will normally be taken within 60 days of submitting complete documentation. |
To qualify for incentives, a foreign investor shall files its application with one of the abovementioned agencies. |
| 3. Special Services |
| One Stop Agency coordinates all industrial development activities and will liaise with other agencies and expedite applications for those requiring Government facilities and assistance. |
N.A. |
There is an Investor Sevices Center at the FIMC. The FIMC itself acts as a onestop investment facilitation centre. |
MIDA's Advisory Services Centre
which is represented by officials from key government departments and agencies, provides advise and assistance in setting up of manufacturing projects and their eventual implementation. One-stop investment centres have also formed at state level to assist investors. |
N.A. |
The One Stop Action Center for investment (OSAC)
renders frontline investment services and assistance for walk-in investors. Under one physical location, the OSAC houses different government agency representatives tasked to accept and process investment applications. These representatives possess the authority to act on all investment matters under their jurisdiction and thus facilitate the entry and setting up of investments in the Philippines. |
The EDB offers one-stop service to investors which includes providing information and assistance in securing industrial land, suitable operational facilities, and skilled manpower. The EDB also administers a range of tax and financial incentives, and foreign investors and manufacturers can tap on the EDB's knowledge of Singapore's industrial capabilities to locate customers, suppliers, subcontractors, and joint venture partners. |
BOI Thailand offers one-stop service which provides wide ranges of services including Investment Opportunities
The Investment Services Center and the Regional Investment Promotion Division maintain comprehensive information on investment opportunities in Thailand, both by sector and by region. Information and investment advice is readily available to both Thai and foreign investors at no charge. BOI Thailand offers one-stop service which provides wide ranges of services including:
Assistance in Setting Up a Business
The BOI offers a wide range of valua-ble business-related services to investors, including helping investors obtain official permits and documents require and permanent residence permits, industrial subcontracting and investment matchmaking. BOI Thailand also assists investors to gain access to public utilities such as water, electricity, telecommunications.
One-Stop Service for Visas and Work Permit
It has been established to process applications or renewals of visas and work permits within 3 hours.
A Foreign Expert Services Unit
provides both foreign and Thai companies with expedited services related to bringing in expat-riates to work on BOI-promoted projects.
The BOI Help Unit
Provides assistance in solving problems and dealing with other government agencies. |
N.A. |
