Related topics: | Investment Incentives | 

Incentives for the Shipping Industry

The income of a shipping company derived or deemed to be derived from the operations of Malaysian ships is exempted from tax.

This incentive is granted to residents only.

"Malaysian Ship" means a sea-going ship registered as such under the Merchant Shipping Ordinance 1952 (Amended) other than a ferry, barge, tugboat, supply vessel, crew boat, lighter, dredger, fishing boat or other similar vessels.

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