Grants Companies in Malaysia

The Malaysian government provides a number of financial incentives in the form of grants and tax exemptions to companies that are willing to invest in the country. These incentives are designed to encourage foreign investment and promote economic growth.

One of the most popular incentives is the Investment Tax Allowance (ITA), which allows companies to deduct a certain percentage of their investment from their taxable income. The ITA is available for a wide range of investments, including manufacturing, agriculture, tourism, and research and development.

Another popular incentive is the Pioneer Status (PS), which provides tax exemptions for companies that are engaged in new and innovative activities. The PS is available for a wide range of activities, including manufacturing, agriculture, tourism, and research and development.

The Malaysian government also provides a number of other incentives, such as the Export Incentive Scheme (EIS) and the Regional Investment Incentive (RII). These incentives are designed to encourage exports and investment in the country's less developed regions.