Why invest in Medini- Leasehold Property?

Posted by VH

Meridin@Medini Commercial Retail cum Office Spaces for Sale

Institutional investors that qualify to operate in Medini are entitled to an array of attractive incentives. The strength of these incentives has helped to attract major brand names to Iskandar Investment’s landbank, moving us closer to our goal of generating a critical mass in the area.
Businesses are entitled to 10 years exemption from corporate tax
Non-Malaysians are entitled to purchase property valued under RM500K
Non-Malaysians are entitled to 100% Foreign Ownership
Businesses have the flexibility to employ Knowledge Workers for companies with IDR status, as well as those with Approved Developers and Approved Development Managers status
Businesses are allowed to source capital globally

Medini Incentive Support Package IDR-status Companies

a) Income tax exemption (10 years) for qualifying
activities* conducted within approved node and
outside Malaysia
b) Withholding tax exemption (10 years) for services and
royalties
c) Exemption from RPGT on disposal of land and
buildings

Option for 100% ITA for 5 years to be set off against
100% of statutory income

Tax exemption to include income derived from within
IM and anywhere in Malaysia as follows:
– can derive up to 100% from within IM
– against the total revenue from IM, a maximum of
20% from anyway in Malaysia
[only for first 3 years of operations]

Import duty/ sales tax exemption

Focused 6 Service Sectors and sub-sectors for IDR-status:

Tourism :
• Hotels
• Theme parks, amusement &
family entertainment and
cultural centres
• Conference and exhibition
centres
• Regional operation of hotel and
leisure services

Healthcare :
Hospital & Alternative Medicine
Integrated dental and
orthodontic services
• Ambulatory services
• Healthcare R&D
• Integrated lab services

Education:
Universities & colleges
• Skills trainings institutes
• R&D institutions
• Regional training centres

Creative:
Creative and design services
• Films and TV
• Digital applications and content
• Games and animation
• Integrated media and content
services
• Distribution and marketing of
creative content
• Visual and performing arts

Financial :
Islamic financial services
• Business Process
Outsourcing/ offshoring
• Corporate consultancy and
advisory

Logistics:
Integrated supply chain
services
• High value supply chain
services and solutions