Investors - Incentives

Bahasa Malaysia

Investors

A Dynamic Region

Strategies
- Key Economic Developments
- Programmes

Catalyst
- Homegrown Professionals
- Foreign & Domestic Investors

Investments

Point of interest

Business Friendly Incentives

The NCIA recognises that investors are unique in their own right; and have requirements which are specific to the nature of their respective areas of business. To this end, the NCIA has been mandated to operationalise Government policy by spearheading efforts in ensuring an effective and conducive environment to help catalyse the activities of investors that have chosen to do business in the NCER.

The NCIA will work with investors to help with the setting up of their operations within the NCER. The NCIA will serve as facilitator and friend to catalyse the growth and success of business propositions; and will also provide support to the NCER investors through the provision of an enabling exo-system that will provide (amongst others):

1. Networking PLatforms
2. Entrepreneur Development Support
3. Linkages with supporting institutions
4. Facilitation and co-ordination with Government Agencies

Fiscal Incentives

Commercial Scale Agriculture Projects in the Northern Corridor

Objective

To ensure the agricultural sector achieves the goverment's aim of becoming a food zone to have ample time to recoup its capital and reap greater profits.

Incentives

	100% income tax exemption for 10 years starting from the 1st year of profitability; or 100% investment tax allowance for 5 years

	Stamp duty exemptions and tax exempt dividends

	Import duty and sales tax exemption on imports of raw materials, components, tools and machinery

	Holding companies' investments in subsidiaries qualify for tax deductions

Seeds Research & Development Centres

Objective

To drive greater research collaboration and the application of biotechnology.

Incentives

	Tax deductions on costs incurred to buy proprietory rights for a 5 year period which are 51% Malaysian-owned

	100% income tax exemption for 10 years starting from the 1st year of profitability; or 100% investment tax allowance for 5 years

	20% tax rebate for the next 10 years

	Stamp duty exemptions and tax exempt dividends

	Import duty and sales tax exemption on imports of raw materials, components, tools and machinery

	Double deduction on export promotion expenses and expenditure incurred for R&D services from 3rd parties

	Industrial Building Allowance for 10 years

	Holding companies investments in subsidiaries qualify for tax deductions

Premier Industrial Parks

Objective

To encourage investors to set up operations in premier industrial parks

Incentives

While this list is not exhaustive, incentive include

	100% income tax exemption for 10 years starting from the 1st year of profitability; or 100% investment tax allowance for 5 years

	Stamp duty exemptions

	Double deductions on export promotions

	Industrial Building Allowance

User login

NCER - Northern Corridor Economic Region

User login

Investors - Incentives

Navigation