1)
Agro-based cooperative societies and associations,
2) Sole proprietorships
and partnerships engaged in agriculture
Pioneer Status
or
Investment Tax Allowance
Refer
to Appendix A:
In view of the time lag
between start-up and processing of the produce, integrated
agricultural projects qualify for ITA for an additional
five years for expenditure incurred for processing or
manufacturing operations.
For more information on your investment opportunities, click here.
No
Incentives by Sectoral
Summary:
2.2
Incentives
for Food Production
Incentives
for New Projects:
Incentive Package
A:
OR
Incentive Package B:
2.3
Incentives
for Existing Companies which Reinvest
2.4
Tax
Incentives for 'Halal' Food Production
2.5
Incentives
for Reinvestment in Food Processing Activities
For more information on your investment opportunities,
click here.
No
Incentives by Sectoral
Summary:
2.6
Additional
Incentives for the Agricultural Sector
a)
Reinvestment
Allowance:
b)
Reinvestment
Incentives for Resourced-Based Industries:
c)
Accelerated
Capital Allowance
d)
Tax
Exemption on the Value of Increased Exports
e)
Incentives
for Companies providing Cold Chain Facilities
and Services for Food Products
Pioneer Status
or
Investment Tax Allowance
f)
Double
Deduction for Expenses to Obtain "Halal" Certification
and Quality Systems and Standards Certification
g)
Double
Deduction on Freight Charges for Export of Rattan
and Wood-based Products
2.7
Please
refer to Section “General
Incentives”
for other incentives related to the agricultural
sector.
