No |
Grant / Services |
Description |
Effective Date |
Website |
1 |
MIDA eIncentives 2.0 |
-
Application for Incentive For New Manufacturing Project
-
Application for Incentive For An Expansion and/or Diversification Project by a Licenced Manufacturer or by an Existing Non-Licenced Manufacturer
-
Application for Incentive For A Small-Scale Manufacturing Company
-
Application for Incentive For Expansion and/or Diversification of a Small Scale Manufacturing Company
-
Application for Incentive for High Technology Project
-
Application for Incentive For An Expansion and/or Diversification of High Technology Project
|
- |
https://eml.mida.gov.my/incentive/ |
2 |
Automation Capital Allowance (Automation CA) Incentive for Services Sector |
The Automation Capital Allowance (Automation CA) incentive for services sector was introduced in the National Budget 2020. The existing Automation CA for Category 2 of the manufacturing sector has been expanded to the services sector in order to drive the services sector towards automation. This incentive falls under the First Thrust of the Budget 2020: Driving Economic Growth in the New Economy and Digital Era. |
Received by MIDA from 1 January 2020 until 31 December 2023. |
https://www.mida.gov.my/forms-and-guidelines/ |
3 |
Incentive and/or Expatriate Posts for Green Technology (GT) |
In Budget 2020, the Government had announced the extension of Investment Tax Allowance (ITA) for the purchase of green technology assets and Income Tax Exemption (ITE) on the use of green technology services and system. The ITE is also extended for company which undertakes solar leasing activity. |
Received by MIDA from 1 January 2020 until 31 December 2023. |
https://www.mida.gov.my/forms-and-guidelines/ |
4 |
Tax Incentives for Integrated Logistics Services (ILS) |
Companies providing integrated logistics services are eligible for Pioneer Status or Investment Tax Allowance as follows:
Pioneer Status with tax exemption of 70% of statutory income for five (5) years. Unabsorbed pioneer losses after the end of pioneer period are allowed to be carried forward for 7 consecutive year of assessment; or
Investment Tax Allowance of 60% of qualifying capital expenditure incurred within five years. The allowance can be offset against 70% of statutory income for each year of assessment. Unutilised allowances can be carried forward until fully absorbed. |
- |
https://www.mida.gov.my/forms-and-guidelines/ |
5 |
Industry 4.0 (Industry4WRD) Incentives |
The Government introduce two Industry 4.0 (Industry4WRD) incentives under Budget 2019, namely the Industry4WRD Readiness Assessment Intervention Programme or in short known as ‘Industry4WRD Intervention Fund’ and the ‘Industry4WRD Domestic Investment Strategic Fund (DISF)’. |
|
https://www.mida.gov.my/forms-and-guidelines/ |
5.1 |
Industry4WRD Intervention Fund |
The Industry4WRD Intervention Fund is a financial support facility for Malaysian Small and Medium Enterprises (SMEs) in the manufacturing and related services sectors to embrace Industry 4.0. The Fund will be provided to support companies in implementing intervention projects based on the recommendation of Industry4WRD Readiness Assessment (RA) Report on the shift factors of people, process and technology. |
Received by MIDA from the date of approval of Industry4WRD Readiness Assessment Report (refer letter issued by MPC) until 31 December 2021. |
https://www.mida.gov.my/forms-and-guidelines/ |
5.2 |
Industry4WRD Domestic Investment Strategic Fund (DISF) |
The Domestic Investment Strategic Fund (DISF) of RM1 billion was established to accelerate the shift of Malaysianowned companies in targeted industries to high valueadded, high technology, knowledge-intensive and innovation-based industries. This fund was created to achieve the Government’s goals to improve domestic investment to complement foreign direct investment (FDI) in ensuring sustainable economic growth in the future. |
Received by MIDA from the date of approval of Industry4WRD Readiness Assessment Report (refer letter issued by MPC) until 31 December 2021. |
https://www.mida.gov.my/forms-and-guidelines/ |
6 |
Special Tax Incentive under the National Economic Recovery Plan (PENJANA) |
The main objective of this incentive is to assist companies intending to relocate their operations to Malaysia following global economic crisis which has led to major disruptions of global supply chains. |
Received by MIDA from 1 July 2020 until 31 December 2021. |
https://www.mida.gov.my/forms-and-guidelines/ |
7 |
Smart Automation Grant Under PENJANA |
The Smart Automation Grant is offered to Malaysian Small and Medium Enterprises (SMEs) and Mid-Tier Companies (MTCs) in Manufacturing and Services Sector. The grant will be given on a matching basis (1:1) based on eligible expenditures, up to a maximum grant of RM1 million per company. |
Received by MIDA from 4 December 2020 to 31 December 2021. |
https://www.mida.gov.my/forms-and-guidelines/ |
8 |
Domestic Investment Strategic Fund |
The Domestic Investment Strategic Fund (DISF) focuses on accelerating the shift of Malaysian-owned companies in targeted industries into high value-added, high technology, knowledge-intensive and innovation-based industries. The Fund aims to harness and leverage on outsourcing opportunities created by MNCs operating in Malaysia, intensify technology acquisition by domestic companies, and enable them to obtain international standards/certifications in strategic industries. |
Received by MIDA from 3 July 2012. |
https://www.mida.gov.my/forms-and-guidelines/ |