Penang International Airport Free Commercial Zone
Penang International Airport Free Commercial Zone is a Free Trade Zone located in Penang, Malaysia, established in 1985, regulated by the Malaysian Investment Development Authority (MIDA) / Free Zone Authority.
Key Facts
| Type | Free Trade Zone |
|---|---|
| Location | Penang, Malaysia |
| Year Established | 1985 |
| Companies | 110 |
| Governing Authority | Malaysian Investment Development Authority (MIDA) / Free Zone Authority |
| Status | active |
Investment Incentives
Corporate tax holiday, duty-free imports, streamlined customs procedures, no VAT on exports, 100% foreign ownership allowed
Sector Focus
Penang International Airport Free Commercial Zone hosts businesses specialising in Cargo and Aviation.
About Penang International Airport Free Commercial Zone
The Penang International Airport Free Commercial Zone is dedicated to enhancing air cargo operations, providing a strategic location for logistics and aviation companies. It supports the growth of air freight services in the region.
Frequently Asked Questions
What type of zone is Penang International Airport Free Commercial Zone?
Penang International Airport Free Commercial Zone is a Free Trade Zone.
Where is Penang International Airport Free Commercial Zone located?
Penang International Airport Free Commercial Zone is located in Penang, Malaysia.
When was Penang International Airport Free Commercial Zone established?
Penang International Airport Free Commercial Zone was established in 1985.
Who regulates Penang International Airport Free Commercial Zone?
Penang International Airport Free Commercial Zone is regulated by the Malaysian Investment Development Authority (MIDA) / Free Zone Authority.
What sectors operate in Penang International Airport Free Commercial Zone?
Penang International Airport Free Commercial Zone hosts businesses in Cargo and Aviation.
What are the investment incentives at Penang International Airport Free Commercial Zone?
Corporate tax holiday, duty-free imports, streamlined customs procedures, no VAT on exports, 100% foreign ownership allowed