Integrative Health Information Unit
(Unit Informasi Kesihatan Integratif),
40170 Shah Alam, Selangor
In Malaysia, tax incentives, both direct and indirect, are provided for in the Promotion of Investments Act 1986, Income Tax Act 1967, Customs Act 1967, Sales Tax Act 1972, Excise Act 1976 and Free Zones Act 1990. These Acts cover investments in the manufacturing, agriculture, tourism (including hotel) and approved services sectors as well as R&D, training and environmental protection activities.
The direct tax incentives grant partial or total relief from income tax payment for a specified period, while indirect tax incentives come in the form of exemptions from import duty, sales tax and excise duty.
The following are the identified government incentives that are relevant to the traditional complementary medicine industry along its value chain of activities. (Source: MIDA)