Standard Incentives
Pioneer Status (PS)
SKI can assist clients obtain Pioneer Status; an incentive in the form of a tax exemption that is granted to companies participating in promoted activities or producing promoted products for a period of five or 10 years.
Investment Tax Allowance (ITA)
An alternative to Pioneer Status, the investment tax allowance (ITA) is granted based on the capital expenditure incurred on industrial buildings, plants, and the machinery used to conduct the promoted activities or the produce the promoted products. This incentive is generally given for a period of five or 10 years. We can also assist our clients in obtaining ITAs.
Government Grants
We can also walk you through as well as oversee your application for government grants for projects that fall within priority sectors and industries. This, however, is subject to the eligibility of your company. In that respect, we can also help determine which government grants your company is eligible for.
Pre-Packaged Incentives
These incentives may be granted to specific projects undertaken anywhere in Malaysia, at the discretion of the Minister of Finance. Projects that generally qualify under this category are those deemed to be of national importance. As such, the authorities will scrutinise a myriad of other qualitative and quantitative factors; such as the number of jobs created, economic spill over etc.; prior to approving any pre-packaged incentives.
Want to know if your company qualifies for any of the above? Would you like us to handle your application?
Contact our advisory desk or speak to a Dedicated Service Manager now.
- Call:
- Text:
- E-mail:
Why Choose Us?
We are second to none in providing pre- and post-investment solutions to foreign and domestic direct investors in Malaysia. Our strong presence has enabled us to not only form strategic partnerships with our clientele but also provide them with tactical advice in strategic and government-related affairs. SK International is uniquely positioned to aid your business venture with relocation, entrepreneurship, roll-outs, and operational upscaling in a productive and sustainable way due to our close working-relationships with national and regional authorities in Malaysia.