relocation incentives mida guideline

Penjana’s Relocation Incentives

Remember when PENJANA was launched on 5 June 2020, there is a special tax incentive to encourage investors in the manufacturing sector to relocate their manufacturing facilities to Malaysia? MIDA has issued a guideline on the special tax incentive under PENJANA. 

Important : this special relocation tax incentive need to be made to MIDA during the period from 1 July 2020 to 31 December 2021.

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Tan Lee Ling
Tax Consultant by training in the Big Four and trained several years with Dr Choong. Being a Chartered Accountant with a law degree. Specialised in compliance, tax planning and tax investigation in her early years. Being in tax for 12 years, to her Tax is like a tree, it is the life force for the country, tax is dynamic, continuously changing and growing. Lee Ling is the conduit in charge of not just sharing these tax changes, also to bring Dr Choong's brilliant tax planning to the tax professionals and business community.
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