Investment Tax Allowance for hotel expansion, modernisation and refurbishment
A tax allowance for companies expanding, modernising or refurbishing existing hotels and other tourism projects.
Who it may suit: Companies undertaking expansion, modernisation or refurbishment of 1 to 5 star hotels, theme parks or other tourism projects in Malaysia. MIDA's equity rules for hotels: 1 and 2 star must be 100% Malaysian-owned, 3 star at least 30% Malaysian, 4 and 5 star unrestricted.
What it supports: An allowance of 60% of qualifying capital expenditure incurred within five years, which can offset up to 70% of statutory income in each year of assessment.
The public record does not state whether the project may have started. Check the official programme.
- Key condition
- Hotel equity rules apply: 1 and 2 star hotels must be 100% Malaysian-owned and 3 star hotels at least 30% Malaysian.
- Deadline
- Rolling application
- Last verified
- 14 September 2026