Incentives Under Specific Sections of PIA, 1986
Incentives |
MIDA (Malaysian Investment Development Authority)
TYPE OF INCENTIVE • Pioneer Status (PS) with income tax exemption of 100% of statutory income for a period of 10 years. Unabsorbed capital allowances as well as accumulated losses incurred during the pioneer period can be carried forward and deducted from the post pioneer income of the company; or • Investment Tax Allowance (ITA) of 100% of qualifying capital expenditure incurred within a period of 5 years from the date the first capital expenditure is incurred. The allowance can be offset against 100% of statutory income for each assessment year. 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