BBTM2013 Travel Industry Operations Chapter 2

What is the primary agency responsible for promoting industrial development in Malaysia?

• Bank Pembangunan Malaysia

• Tourism Malaysia

• Malaysian Investment Development Authority

• Ministry of International Trade & Industry

Which of the following is NOT one of the sub-sectors of Tourism and Travel Related Services?

• Tourism vehicle business

• Hotels and restaurants

• Tour operating/travel agency business

• Medical and health care services

What is the minimum paid-up capital required for a 100% locally owned inbound travel agency?

• RM 500,000

• RM 200,000

• RM 1,500,000

• RM 1,000,000

What type of tax incentive is available for companies undertaking new investments in 4 and 5 star hotels?

• Investment Tax Allowance of 60%

• Pioneer Status with income tax exemption of 70%

• Double Deduction on Overseas Promotion

• Tax exemption for local tourists

Which document is required for a company applying for a Tour Operating/Travel Agency Business License?

• Tourism Association Membership Certificate

• Certificate of Incorporation

• Business License from MITI

• Financial Audited Report

What is the maximum shareholding for foreign companies applying for an Inbound & Ticketing license?

• 30%

• 51%

• 70%

• 100%

Which of the following is a requirement for the Malaysia My Second Home (MM2H) program?

• Must be a Malaysian citizen

• Must have a valid work permit

• Must be from a country with diplomatic relations with Malaysia

• Must invest in a local business

What is the purpose of the Tourism Development Infrastructure Fund?

• To support the development of tourism infrastructure

• To assist in hotel renovations

• To provide loans for personal travel

• To fund international tourism marketing

What is the tax exemption threshold for local tour operators bringing in foreign tourists?

• 1,500 tourists

• 500 tourists

• 1,000 tourists

• 750 tourists

Which of the following is a requirement for a company applying for a Letter of Support for Expatriates?

• Must provide accommodation for expatriates

• Must have at least one Malaysian shareholder

• Must be a registered travel agency

• Must have a minimum salary of RM3,000