FIC eases procedure for investors


  • Business
  • Saturday, 26 Jun 2004

COME August, investors seeking Foreign Investment Committee (FIC) approval will find the application procedure much simplified and more customer-friendly, and processing time shorter than the up to two months currently. 

On their part, investors will be required to make a declaration in a prescribed format that they have or will fulfil the conditions stipulated in the guidelines; and also undertake to comply with conditions imposed by the FIC, if any. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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