Education

1. Private Higher Education Institution

New private higher education institutions (PHEIs) in the field of science and companies that establish technical or vocational training institution are eligible for an Investment Tax Allowance (ITA) of 100% on qualifying capital expenditure within a period of 10 years. This allowance can be offset against 70% of the statutory income for each year of assessment. Any unutilised allowances can be carried forward to subsequent years until fully utilised.

Eligible Activities:

  • New Private Higher Education Institutions (PHEIs) in the field of science; and
  • Existing PHEIs in the field of science that undertake additional investments to upgrade equipment or expand their capacity.

2. Technical or Vocational Training Centre

Companies that establish technical or vocational training institutions are eligible for an ITA of 100% for ten (10) years. This allowance can be offset against 70% of the statutory income for each year of assessment. Any unutilised allowances can be carried forward to subsequent years until fully utilised.

Existing companies providing technical or vocational training that undertake additional investments to upgrade their training equipment or expand their training capacities also qualify for this incentive.

Promoted Product

Biotechnology

– Medical and health biotechnology

– Plant biotechnology

– Food biotechnology

– Industrial and environment biotechnology

– Pharmaceutical biotechnology

– Bioinformatics biotechnology

Molecular Biology
– Immunology
– Immunogenetics
– Immunobiology

Material sciences and technology

Food science and technology

Medical and Health Sciences

– Medical science in gerontology

– Medical science in clinical research

– Medical biosciences

– Biochemical genetics

– Environmental health

-Community health

Material sciences and technology

Food science and technology

– Automotive (Electrical)

– Automotive (Mechanical)

– Computer Technology

– Digital Electronics & Trouble Shooting

– Industrial Solid State Electronics

– Power Electronics

– Mechatronics

– Hydraulics & Pneumatics

– Precision Machining

– CNC Machining

– Industrial Automation/Process Control/Robotics

– Instrumentation and Control

– Programmable Logic Controllers

– Metallurgy

– Metrology

– Heat Treatment

– Surface Treatment

– Mould, Tools & Dies Making – CAM, EDM, Wire Cutting

– Mould, Tools & Dies Design – CAD

– Precision Optics

– Sheet Metalworking

– Welding/Arc Welding/Gas Welding/MIG/TIG Welding

– Wood Machining

– Electrical Chargemen AO (Medium Pressure)

– Electrical Chargemen BO (High Tension) Industrial and Domestic Wiring Installation

– Air-conditioning & Refrigeration

– Printing

Above information is obtained from MIDA website. The information may be change with MIDA discretion. Please contact us to discuss in detail

Contact Us