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Essay text:
Corporate tax rates 7% savings over Mexico's
2. Teleleader will enjoy a tax vacation period of 3-5 years beginning immediately upon opening
3. Due to agreements made with the Malaysian government Teleleader will enjoy cost savings of 9-14% on European exports, this converts into a 3-8% overall cost savings.
4. Direct labor costs are on average 34% less than those in Mexico.
What are the advantages of locating in Malaysia?
? Global coverage: Locating the second manufacturing plant in Malaysia offers a greater coverage of the global market it serves.
? European tariff savings: Due to the special tax treaty that Malaysia negotiated with the EEC rather than pay the 15%-20% that Teleleader is currently paying it would be cut down to 6%...
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