Unlock Business Growth with Smart Tax Planning
Malaysia offers a wide range of tax incentives to support the growth of small, medium, large, and multinational companies. These incentives differ across industries and are updated regularly through the Government’s annual Budget.
Companies involved in promoted activities or manufacturing promoted products may qualify for Pioneer Status, which grants:
Partial tax exemption for 5 to 10 years
Only 30% of statutory income is taxed; the remaining 70% is exempt
Starts from the company’s Production Day
Unused capital allowances and business losses can be carried forward after the exemption period
π‘ Ideal for startups and companies entering key growth sectors.
An alternative to Pioneer Status, ITA is ideal for companies with large capital investments:
60% allowance on qualifying capital expenditure (machinery, plant, factory, etc.)
Deductible against 70% of statutory income
Unused allowance can be carried forward
Remaining 30% of income taxed at standard corporate tax rates
π‘ Best suited for asset-heavy and technology-driven projects.
This incentive supports companies that are expanding, modernizing, or diversifying:
Available to businesses in operation for at least 3 years
60% allowance on qualifying capital expenditure (QCE)
Offset against 70% of statutory income
Incentive period: up to 15 years
No 70% cap for projects with high productivity levels (as defined by MOF)
π‘ Perfect for manufacturing or agriculture businesses investing in future growth.
Encourages companies to grow internationally:
For resident companies in manufacturing, agriculture, or services
Incentives range from 10% to 100% based on increased export value
Deductible against up to 70% of statutory income
π‘ Supports companies expanding into global markets.
As licensed Tax Agents under Section 153(3) of the Income Tax Act 1967, we provide expert guidance on selecting and maximizing the right tax incentives for your business.
Strategic tax planning and compliance
Identification and application of tax incentives best suited for your industry
Preparation and timely submission of tax forms
Accurate tax computation and relief optimization
Liaison with Inland Revenue Board (IRB) for appeals, reassessments, and disputes
GST services – from registration to filing with Royal Malaysian Customs
β Whether you're a growing SME or a large enterprise, we simplify your tax strategy so you can focus on building your business.
Malaysia
