As promised in the 2015 Budget, on 6 April 2015 Malaysia issued additional details on new tax incentives. These include incentives for investment in underdeveloped regions, incentives for investment in automation equipment, and incentives for establishing regional principal hubs in Malaysia.
Investment in Underdeveloped Regions
Companies that establish manufacturing or service operations in underdeveloped regions of Malaysia may qualify for a number of incentives, including:
- A full income…