Incentive Category
STI Tax Incentives
Scope of Funding
  1. Training of Malaysians;
  2. R&D activities carried out in Malaysia;
  3. Modernisation and upgrading of facilities and tools to undertake manufacturing or services activities for Multinational Corporations (MNCs) and Malaysian conglomerates;
  4. Obtaining international standards/certification; and
  5. Licensing or purchase of new/high technology
Application Method

Manual application by submitting the application form. Download the application form as per link below : http://www.mida.gov.my/home/funds-or-incentives-under-domestic-direct-investment-(ddi)-initiatives/posts/

Qualification Criteria
  1.  The acquirer must be a locally-owned company that is incorporated under the Companies Act, 1965 with at least 60% Malaysian equity ownership involved in manufacturing or services activities.
  2. Existing companies in the manufacturing and services sectors with Malaysian equity ownership of at least 60% undertaking reinvestments (expansion / modernization / diversification).
  3. Companies producing promoted products / engaged in promoted activities in the manufacturing and services sector. 
Contact Information

MIDA Sentral 
No.5, Jalan Stesen Sentral 5 
Kuala Lumpur Sentral 
50470 Kuala Lumpur 
Malaysia

Email
investmalaysia@mida.gov.my
Fax
03 2274 7970 
Telephone
03 2267 3633 
Website
www.mida.gov.my
Last modified
Jun 2020
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