Incentives
For International Procument Centres /
Regional Distribution
Centres
No
Incentives
by Sectoral
Summary:
11.0
Incentives
For International Procument Centres/Regional Distribution
Centres
International
Procurement Centres (IPCs)
Regional
Distribution Centres (RDCs)
11.1
Approval
for IPC/RDC Status
Companies that meet the following
criteria can apply for an IPC/RDC status:
Incorporated under the Companies
Act, 1965
A minimum paid-up capital of
RM0.5 Million
A minimum total business spending
(operating expenditure) of RM1.5 million per
year
Utilisation of Malaysian ports
or airport
A minimum annual sales turnover
of RM 50 million by the third year of operation
Domestic sales of not more than
20% of its sales value. Not more 30% of its
annual sales turnover is derived from sourcing
of goods from outside Malaysia to overseas
destinations via drop shipment.
11.2
Equity
Requirement
11.3
Incentives
An approval IPC/RDC status company can be considered
for:
Full tax exemption
of its statutory income for 10 years, under
Section 127, Income Tax Act.
Dividends paid from
the exempt income will be exempted from tax
in the hands of its shareholders
Eligibility criteria:
11.4
Others
Benefits
11.5
Expatriate
Employment
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