Incentives For General Investments
Incentives |
MIDA (Malaysian Investment Development Authority)
(1) Pioneer Status (PS) with income tax exemption of 70% of statutory income for 5 years. Unabsorbed capital allowances and accumulated losses incurred during the pioneer period can be carried forward and deducted from the post pioneer income of the company; or (2) Investment Tax Allowance (ITA) of 60% of qualifying capital expenditure incurred within a period of 5 years. The allowance is offset against 70% of statutory income for each assessment year. Any unutilised allowances can be carried forward until fully absorbed
Address:
5, Jalan Stesen Sentral 5, Kuala Lumpur Sentral, 50470 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia