Business Incentives for the Malaysian Sustainable Palm Oil Certification

Updated on Wednesday 02nd August 2017

Business Incentives for the Malaysian Sustainable Palm Oil Certification Image
The Malaysian government will offer business incentives to the investors who are operating in the palm oil industry, which represents one of the most important economic activities of the country. Businessmen interested in opening a company in Malaysia in this field should know that the incentives are provided under the Malaysian Sustainable Pail Oil (MSPO) Certification, a program through which palm oil businesses will perform their operations in a sustainable manner. Our team of company formation agents in Malaysia can offer more details on the MSPO Certification
 

Palm oil businesses in Malaysia  
 

Palm oil represents one of the most important commodities offered by Malaysia and thus, there are numerous businesses operating in this field. Through the MSPO Certification, a total number of 650,000 smallholders will benefit from the incentives offered by the Malaysian government, which aims at helping investors receive the Certification by 2019. 
 
Businessmen interested in starting the procedure of company formation in Malaysia in this industry should know that the MSPO Certification has a rather high cost and through the incentives, the palm oil businesses will be helped in achieiving the requirements established by the Certification. Our team of consultants in company formation in Malaysia can provide more details on the the MSPO requirements
 

What is the MSPO Certification in Malaysia? 
 

The MSPO Certification in Malaysia refers to a set of legal requirements which are established in the palm oil industry, with the purpose of imposing a code of good practices for the supply chain of this product. Investors who want to start the procedure of company registration in Malaysia in this field must know that the MSPO Certification can be issued in the situation in which the companies can prove that the oil palm cultivation or processing is performed taking into consideration the interests of the following:
 
people;
profits;
planet
 
There are two main types of MSPO Certifications issued by the Malaysian authorities
 
Oil Palm Management Certification;
Supply Chain Certification
 
It is also important to mention that Malaysia celebrated 100 years since the first commercial palm oil plantations were set up.  
 
Businessmen are invited to contact our team of company registration specialists in Malaysia for more details on the MSPO Certification

Alexander

August 2, 2017

Malaysia has a long tradition in the oil palm cultivation and, as far as I know, their products are very good.



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