INTIEAMalaysia · Electric Vehicle Charging Equipment Domestic Manufacturing incentivesPolicyIn force

Electric Vehicle Charging Equipment Domestic Manufacturing incentives

In 2023, the Malaysian government introduced the following tax incentives to foster domestic manufacturing of electric vehicle charging equipment: Full income tax exemption for manufacturing companies from 2023 to 2032, and Full Investment Tax Allowance for manufacturing…

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Country / jurisdiction: Malaysia · Year: 2023 · Status: In force · Level: National · Type: Voluntary

In 2023, the Malaysian government introduced the following tax incentives to foster domestic manufacturing of electric vehicle charging equipment:

Full income tax exemption for manufacturing companies from 2023 to 2032, and

Full Investment Tax Allowance for manufacturing companies for a 5 years period.

Official source: https://budget.mof.gov.my/pdf/belanjawan2023/ucapan/tax-measure.pdf

Source

https://www.iea.org/policies/17249

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