Malaysia: Tax incentives, “east coast economic region”

Malaysia: Tax incentives, “east coast economic region”

Orders providing for incentives—including income tax exemptions, tax deduction rules, and stamp duty exemptions—with respect to investments made in the “east coast economic region” have been published in the official gazette.

Related content

The “east coast economic region” consists of the states of Kelantan, Terengganu, Pahang, and the district of Mersing, Johor. The tax incentives—subject to various conditions—are available if applications are made to the Ministry of Finance through the East Coast Economic Region Development Council from 13 June 2008 to 31 December 2020. 

 

Read a July 2016 report [PDF 78 KB] prepared by the KPMG member firm in Malaysia: East Coast Economic Region Tax Incentives

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Request for proposal

 

Submit

KPMG's new digital platform

KPMG's new digital platform