Tag: Social Enterprise

  • 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.

    🌻🌻🌻🌻🌻🌻🌻🌻🌻🌻🌻

    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。

    10