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Research & Development in Services Sector

 

Malaysia offers a wide range of incentives and financial assistance to attract investments in R&D activities.

R&D includes R&D Company, R&D Contract Company and In-House R&D and R&D Status Company.

The Promotion of Investment Act, 1986 defines Research and Development (R&D) as "any systematic or intensive study carried out in the field of science or technology with the objective of using the results of the study for the production or improvement of materials, devices, products, produce or processes but does not include:

  • quality control of products or routine testing of materials, devices, products or produce;
  • research in the social sciences or humanities;
  • routine data collection;
  • efficiency surveys or management studies; and
  • market research or sales promotion.

Research & Development in Services Sector

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Last Updated : Tuesday 20th August 2019