Promotion Of Investment Act 1986 Malaysia

Application of incentives only to companies 4.

Promotion of investment act 1986 malaysia. Therefore pursuant to section 45 of the promotion of investments act 1986 and in exercise of the powers conferred by section 3 4 of the investment. Act 327 the ministry of international trade and industry miti is currently in the process of reviewing the promotion of investments act 1986 act 327 pia. Laws of malaysia act 327 promotion of investments act 1986 incorporating latest amendment act a1468 of the year 2014 long title preamble part i preliminary section 1. Example of media are television web sit e radio.

Act 327 promotion of investments act 1986 incorporating all amendments up to 1 january 2006 published by the commissioner of law revision malaysia under the authority of the revision of laws act 1968 in collaboration with percetakan nasional malaysia bhd 2006. While reading this article candidates are expected to refer to the relevant provisions of the act and pia as amended. Short title construction and commencement 2. Laws of malaysia act 327 promotion of investments act 1986 arrangement of sections part i preliminary section 1.

This article collates and discusses the provisions in the income tax act 1967 the act and the promotion of investments act 1986 pia. Effective from 2 march 2012 new list of promoted activities and products which are eligible for consideration of pioneer status and investment tax allowance have been gazetted under the promotion of investment act 1986. Section 41 of the promotion of investments act 1986 pia 1986 income tax promotion of exports rules 1986 a publicity and advertisement i cost of advertisement in any media outside malaysia. Promotion of investments declaration under section 39 3 order 1986 investment incentives pioneer industries and pioneer.

Malaysia for the purposes of subsection 2 a of section 39 of the. Application of incentives only to companies. Short title construction and commencement. Determination of promoted activities or promoted products.

It provides general legal information to help people understand their legal rights in malaysia but it is not a substitute for personal legal advice from an attorney. The pia was enacted to make provision for promoting by way of relief from income tax the establishment and development in malaysia of industrial services agricultural and other commercial enterprises and for incidental and.