Location |
Flagship and Qualifying Activities |
Tax Incentives |
Kinabalu Gold Coast Enclave (KGCE)
- Kota Kinabalu |
A. Tourism Project
|
A. Tourism Project
- Full tax exemption on statutory income for 10 years; or Investment Tax Allowance of 100% on qualifying capital expenditure for 5 years - can be offset against 100% of statutory income.
- Exemption on import duty and sales tax subject to current policy; and
- Stamp duty exemption on land acquired for development.
|
B. Creative Cluster
- Design Academy
- Product design - Fashion/accessories design
- Academy of Art
- Arts and crafts - Drawing - Sculpture
- School of Arts
- Dance - Drama - Music
|
B. Creative Cluster
- Full tax exemption on statutory income for 5 years; or Investment Tax Allowance of 100% on qualifying capital expenditure for 5 years - can be offset against 100% of statutory income; and
- Full exemption on import duty and sales tax exemption subject to current policy.
|
integrated livestock valley (ILV)
- Keningau |
Downstream Activities
- Manufacturing of cattle feed
- Manufacturing of dairy-based products
- Manufacturing of meat-based products
|
Full tax exemption on statutory income for 10 years; or Investment Tax Allowance of 100% on qualifying capital expenditure for 5 years - can be offset against 100% of statutory income, subject to qualifying activities/ products under the Promotion of Investment Act 1986.
|
sabah agro-industrial precinct (SAIP)
- kimanis, papar |
Production of Halal Food
- Downstream Activities Processing of agricultural produce for:
- Pharmaceuticals or biopharmaceuticals - Biodiagnostics - Food or feed supplements - Horticultural products - Nutraceuticals - Microbials & probiotics
- Development & Production of:
- Cell/ tissue cultures
- Biopolymers
- Biomaterials
- Biotechnology process of waste treatment
|
A. Projects located within the Halal Hub
- Investment Tax Allowance of 100% for 10 years - can be offset 100% against statutory income.
|
B. Projects located outside the Halal Hub
Investment Tax Allowance of 100% for 10 years – can be offset 100% against statutory income.
- Exemption on import duty and sales tax, subject to current policy;
- Qualifying products/ activities will be determined.
|
Palm Oil Industry Cluster (POIC)
- Lahad Datu |
Downstream Activities - Manufacturing
- Oleochemical
- Biofuel
- Transfree Food Products
|
Full tax exemption on statutory income for 10 years; or Investment Tax Allowance of 100% on qualifying capital expenditure for 5 years - can be offset against 100% of statutory income, subject to qualifying activities/ products under the Promotion of Investment Act 1986.
|
Sabah Oil & Gas Indutrial Park (SOGIP)
- Sipitang |
Downstream Activities – Manufacturing
- Medium & Heavy Industries
- Urea and ammonia production - Solar glass
- Ship building and repairs
- Marine supply base and fabrication yard
- Iron ore palletising
- Hot briquette iron
- Combined cycle power plant
|
Full tax exemption on statutory income for 10 years; or Investment Tax Allowance of 100% on qualifying capital expenditure for 5 years - can be offset against 100% of statutory income, subject to qualifying activities/ products under the Promotion of Investment Act 1986.
For ship building and repairs industry, incentives are offered under Income Tax Act 1967 as follows:
- Full tax exemption on statutory income for 5 years; or
- Investment Tax Allowance of 100% on qualifying capital expenditure for 5 years - can be offset against 100% of statutory income.
|
sandakan education hub
- sandakan |
- Private Universities
- Private Colleges
- Training Centres
- Skill Training Centres
|
- Full tax exemption on statutory income for 10 years; or Investment Tax Allowance of 100% on qualifying capital expenditure for 5 years - can be offset against 100% of statutory income.
- Exemption on import duty and sales tax exemption on equipments and machineries used, subject to current policy.
|
Marine Integrated Cluster (MIC)
- Semporna |
Downstream Activities:
- Production of aquaculture products
- Seafood
- Fresh and dried export
- Cosmetics material
- Pharmaceutical products
|
- Full tax exemption on statutory income for 10 years; or Investment Tax Allowance of 100% on qualifying capital expenditure for 5 years - can be offset against 100% of statutory income.
- Exemption on import duty and sales tax exemption on equipments and machineries used, subject to current policy.
|
Applications received by 31 December 2020 are eligible for these incentives. All applications should be submitted to SEDIA.
|
|
|