A Comprehensive Package of FISCAL INCENTIVES
The NTAX Package consists of region-specific, broad-based fiscal incentives which encourage and reward high-value and substantial investments in NCER according to identified priority sectors.
These incentives include an Income Tax Exemption, as well as an Investment Tax Allowance. The package also includes rewards for specific promoted activities such as Research and Development (R&D).
Other benefits for investors include Stamp Duty Reduction (based on location of operations) and Import Duty Exemption on raw materials, components, machineries, equipment, spare parts and consumables that are not produced locally and used directly in the production activities.
These competitive incentives are key enablers to NCER’s development.
| Income Tax Exemption | Investment Tax Allowance | Import Duty Exemption | Stamp Duty Reduction | ||
|---|---|---|---|---|---|
| N1 | Kedah | 100% income tax exemption up to 15 years | 100% allowance up to 10 years | Exempted | 50% reduction on transfer or lease of land |
| Perlis | Not applicable | ||||
| N2 | Penang | 70% income tax exemption up to 10 years | 70% allowance up to 10 years | Not applicable | |
| Perak | |||||
| Special Promoted Area | Seberang Prai Utara, Seberang Prai Selatan, Seberang Prai Tengah, Barat Daya Pulau Pinang, Selama, Kerian, Hulu Perak, Perak Tengah, Kuala Kangsar, Bagan Datuk, Hilir Perak, Kampar, Batang Padang and Larut & Matang | Up to 100% income tax exemption up to 15 years | Up to 100% allowance up to 10 years | Not applicable | Not applicable |
CUSTOMIZED INCENTIVES
(Section 127 (3A) Income Tax Act 1967)
Special Incentive Package
Global
Business Service
BROADBASED INCENTIVE
(P.U(A) 112/ 113 Income Tax Act 1967)
Manufacturing
Education
Agriculture
Services
(Tourism & Logistics)
Medical Science
R&D and S&T
Growth Nodes
(NCER Thematic Industrial Parks)
NCIA’s dedicated investment team is available to advise and assist potential investors in all areas related to the NTAX Package, as well as other non-fiscal incentives, products and services.
For more enquiries and information on our offerings, please reach out to us via email at investment@ncer.com.my.
If you are ready to apply for any of the offered incentives, please register your application and fill in the form via our online application here: Digital Pre-Application Form.
NON-fISCAL: NCER FACILITATION PROGRAMMES
NTEP@NCER Programme
Provides job opportunities to unemployed graduates via private sector partners.
NTIC Programme
Talent Development: led by industry, endorsed by academia to meet the industry demand
- Platform for local companies to carry out high-value technology activities through CoE
- Local companies’ development through R&D&T&I&C & adoption of digitalization / automation to move up value chain in NCER High Impact Strategic Projects through T&I
DU@NCER Programme
Provision of financial assistance to Bumiputera companies through provision of grants covering 15% or maximum of RM2 million from total qualifying project cost.
entrepreneurNCER Programme
Assists micro entrepreneurs and SMEs in NCER through financing and guidance in business expansion.
Priority Sectors
Manufacturing
Agriculture & Bio-Industries
Tourism
Digital Economy
Petrochemical
Medical Science
R&D and S&T
Education
Industrial Park, Mix Development and Strategic Infrastructure
Frequently Asked Questions (FAQ)
The reference guidelines provide a complete overview of Post Approval Services Applications, including the process, payment methods, and the applicable fee structure for various services.
