Tag: Ministry of Finance (MOF)

  • Income Tax Exemption for Social Enterprise

    Income Tax Exemption for Social Enterprise

    97.-2022-Budget-Highlights-Income-Tax-Exemption-for-Social-EnterpriseDownload
    97.1-GP-Permohonan-Perusahaan-Sosial-s-4411C-ACP-1967Download

    1. The Budget 2022 was tabled in Parliament on 29 October 2021, It is proposed that:

    👉 tax exemption be given on all income for up to 3 years of assessment subject to the validity period of Social Enterprise Accreditation; and

    👉 to establish a Joint Committee on Accreditation comprising Yayasan Hasanah and the Ministry of Entrepreneur Development and Cooperatives. This committee is responsible for reviewing applications for accreditation by Social Enterprises.

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    1. 2022年预算案建议:

    👉 对所有收入给予免税长达3个课税年度，限制于社会企业认证的有效期 ；以及

    👉 成立一个由 Yayasan Hasanah 和企业家发展与合作部组成的认证联合委员会，该委员会负责审查社会企业的认证申请。

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  • Incentive for Manufacturers of Pharmaceutical Products Including Vaccines

    Incentive for Manufacturers of Pharmaceutical Products Including Vaccines

    88.-Incentive-for-Manufacturers-of-PharmaceuticalDownload
    88.1-Incentive-for-Manufacturers-of-PharmaceuticalDownload

    1. The following incentives were proposed in Budget 2021 to attract pharmaceutical product manufacturers (including vaccines) to invest in Malaysia :

    👉 For the first 10 years, the tax rate will range from 0% to 10%.

    👉 For the following 10 years, the tax rate will be 10%.

    2. Following the aforesaid suggestion, the MIDA issued “Guidelines for Incentive for Manufacturers of Pharmaceutical Products, Including Vaccines Under the 2021 Budget” on its website on August 27, 2021.

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    1. 为了吸引医药产品制造商（包括疫苗）在马来西亚投资，2021年预算案中提出了这项税率优惠

    👉首10年，税率将从0%到10%不等;

    👉 随后的10年，税率将为10%。

    2. 根据上述建议，马来西亚投资发展局 [Lembaga Pembangunan Pelaburan Malaysia / Malaysian Investment Development Authority, MIDA] 于2021年8月27日在其网站上发布了 “2021年预算案中对医药产品（包括疫苗）制造商的奖掖的指南”。

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