GREEN INCENTIVES

ABOUT

In tandem with the Malaysian Government’s agenda to drive the growth of Malaysia’s green economy, an announcement of green technology tax incentives in the Budget 2014 has been introduced where Malaysian Green Technology And Climate Change Centre (MGTC) has been mandated to commence and verify on the Green Technology Incentives been offered.

The purpose of this incentive is to strengthen the development of green technology through Green Investment Tax Allowances (GITA) for the purchase of green technology equipment/assets and Green Income Tax Exemption (GITE) for green technology service providers.

SCOPE OF GREEN TECHNOLOGY TAX INCENTIVE

CATEGORYSCOPE
Green Investment Tax Allowance (GITA) AssetsApplicable for companies that acquire qualifying green technology assets and listed under the MyHIJAU Directory.
Green Investment Tax Allowance (GITA) ProjectsApplicable for companies that undertake qualifying green technology projects for business or own consumption.
Green Income Tax Exemption (GITE) ServicesApplicable for qualifying green technology service provider companies that are listed under the MyHIJAU Directory.

For more detailed information, please click below to download the Guideline.

 

PROCEDURE OF APPLICATION

The application for GITA Asset should be submitted to:

Chief Executive Officer
Malaysian Green Technology And Climate Change Centre (MGTC)
No. 2, Jalan 9/10
Persiaran Usahawan, Seksyen 9
43650, Bandar Baru Bangi
Selangor.

Please click below to download the Application Form.

The application for GITA Project and GITE Services should be submitted to:

Chief Executive Officer
Malaysian Investment Development Authority (MIDA)
MIDA Sentral, No. 5
Jalan Stesen Sentral 5
Kuala Lumpur Sentral
50470 Kuala Lumpur
(Attn.: Director, Green Technology Division)

Please click below to download the GT/JA form.