KLIFD Incentives

Excerpt from the 2012 BUDGET Speech by Prime  Minister, YAB Dato’ Sri Mohd Najib Tun Abdul Razak

FIRST FOCUS: ACCELERATING INVESTMENT

24. To accelerate the development of Kuala Lumpur International Financial District (KLIFD), the Government proposes the following incentive package:

  • Income tax exemption of 100% for a period of 10 years and stamp duty  exemption  on  loan  and  service  agreements  for KLIFD  status companies.
  • Industrial Building Allowance and Accelerated Capital Allowance for KLIFD Marquee Status Companies.
  • Income tax exemption of 70% for a period of 5 years for property developers in KLIFD.

Source – 1MDB

Awesome! :)

 

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One Response to KLIFD Incentives

  1. Ang Kim Yong says:

    Another money making opportunity..

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