I’m joined by Ms. Lim Nguan Lian, our Head of Client Relationship, as we discuss the latest tax update on Malaysia’s Pioneer Status (PS) and Investment Tax Allowance (ITA).

In this video, we take a closer look at the tax incentives in Malaysia that can greatly benefit businesses, particularly in the manufacturing and agricultural sectors.

We’ll dive into two major tax incentives offered by the Malaysian Investment Development Authority (MIDA) :

1. Pioneer Status (PS) and
2. Investment Tax Allowance (ITA).

You’ll learn how these incentives offer income tax exemptions, allowances on capital expenditure (capex), and additional tax deductions that can help fuel your business growth.

Key points covered in this video:

1. Pioneer Status (PS) – What it is and how it can benefit your company.
2. Investment Tax Allowance (ITA) – How it supports business growth.
3. A comparison of PS and ITA to help you determine which incentive best suits your needs.

Watch the full 15-minute briefing on PS & ITA here: https://lnkd.in/gtzD6dUB

Disclaimer: This briefing is for general guidance only. Always consult a licensed tax professional for personalized advice.