CCS

Automation Capital Allowance for Automation Equipment in Manufacturing, Services & Agriculture

Updated on 15 July 2023- Dialogue between MOF, LHDNM, and CTIM [21/6/2023] Update: The Ismail Sabri Government Budget is no longer applicable. Malaysia’s national budget for 2023 was re-tabled again in February 2023. To Download Revised Budget 2023 Speech and some other related publications – https://www.ccs-co.com/post/budget-2023-malaysia-madani Current Position Automation Capital Allowance (ACA) is a tax […]

Extension of Tax Incentive for the Shipbuilding and Ship Repairing Industry

Updated on 15 July 2023- Dialogue between MOF,LHDNM, and CTIM [21/6/2023] Update: The Ismail Sabri Government Budget is no longer applicable. Malaysia’s national budget for 2023 was re-tabled again in February 2023. To Download Revised Budget 2023 Speech and some other related publications – https://www.ccs-co.com/post/budget-2023-malaysia-madani Background to the Shipbuilding and Ship Repairing Industry Malaysia’s strategic […]

Tax Incentives for Chicken Rearing in Closed House System

Update: The Ismail Sabri Government Budget is no longer applicable. Malaysia’s national budget for 2023 was re-tabled again in February 2023. To Download Revised Budget 2023 Speech and some other related publications – https://www.ccs-co.com/post/budget-2023-malaysia-madani Current Position RA was extended to the agricultural sector to encourage local food production and thus increase its supply. In Budget […]

2: Tax Incentives for The East Coast Economic Region (ECER) – Tax Exemption

1. The East Coast Economic Region (ECER) was formed in 2007 with the launch of the ECER Master Plan by the Federal Government.2. The formation of ECER was intended to accelerate economic growth and ensure equitable distribution of wealth across the country, in line with national aspirations to become a high-income developed nation by 2020. […]

Tax Incentives for Sabah Development Corridor (SDC)

1. The Sabah Development Corridor (SDC) Blueprint, which was launched on 28 January 2008, is implemented with the aim of bringing the quality of life of Sabah’s people up another level as well as accelerating the economic growth for Sabah while promoting regional balance and bridging the rural-urban divide and concurrently ensuring sustainable management of […]

1: Tax Incentives for The East Coast Economic Region (ECER) – Tax Exemption

1. The East Coast Economic Region (ECER) was formed in 2007 with the launch of the ECER Master Plan by the Federal Government. 2. The formation of ECER was intended to accelerate economic growth and ensure equitable distribution of wealth across the country, in line with national aspirations to become a high-income developed nation by […]