Tax Incentives : Tax Relief

Exemption For Fair Organisers

Organisers of International Trade Exhibitions in Malaysia are eligible for tax exemption on income earned from organising international trade exhibitions. To qualify the organiser need to apply for a letter from MATRADE to certify that the fair is approved by MATRADE and the organiser of the international exhibition must bring in at least 500 foreign trade visitors per event.

Exemption For Tour Operators

Tour operators who bring in at least 500 foreign tourists through group inclusive tours or 1,200 local tourists on domestic tours in the assessed year that is certified by the Ministry of Tourism will be exempted from tax on income earned from the business of operating tours. The tour operators need to be licensed under the Tourism Industry Act 1992. The budget 2007 has announced that the incentive be extended until the year of assessment 2011

Double Deduction For Promotion Of Export Of Services
Double Deduction For Promotion Of Export Of Professional Services
Double Deduction For Promotion Of Export Of Higher Education
Exemptions On The Value Of Increased Exports Of Services

Special Deduction For Halal Certification, Quality System Or Standard Certification

Double Deduction For Promotion Of Export
Double Deduction On Export Credit Insurance Premiums
Exemption For Malaysian International Trading Company (MITC)

Download :

• Application Form For Certification Of Tax Incentive (MITC 1) (59 kB)
• Application Form For Certification Of Tax Incentive (MITC 2) (77.5 kB)

Double Deduction For Promotion Of Export
Double Deduction For Promotion Of Malaysian Brands
Double Deduction On International Quality Standard
Double Deduction On Export Credit Insurance Premiums
Double Deduction On Freight Charges
Double Deduction For Cost Of Registration Of Patent, Trade Mark And Product Licensing Overseas
Single Deduction For Hotel Accommodation
Deduction For Acquiring A Foreign Owned Company
Allowance For Increased Exports
Exemption For The Value Of Increased Exports