Tax incentives for businesses

Expenses for purchase of computer equipment, software, and consulting fees will be given accelerated capital allowance that can be fully claimed within two years.

Tax deduction for sponsorship of “smart artificial intelligence driven reverse vending machine” will be extended by two years

Stamp duty on loan or financing agreements through the initial exchange offering platform for micro, small and medium enterprises will be exempted fully for two years.

g agreements under Skim Pembiayaan Mikro for amounts up to RM100,000 will be exempted

Income tax exemption equivalent to an investment tax allowance of 60% on qualifying capital expenditure incurred “smart logistics complex” will be provided for five years.

Expenses for capacity building and software incurred by employers for implementing flexible work arrangement will be given a 50% further deduction.

Employers that provide additional paid leave of up to 12 months for staff caring for children or ill or disabled family member will be given a 50% further deduction

Employers who hire women returning to work will be given a 50% further deductions on employment expenses paid for 12 months.
A tax incentives for companies in select services activities which managed to raise exports will be expanded to include firms in integrated circuit design.

This post has been edited by SKY 1809: Oct 19 2024, 06:26 PM

I like this name Parkcity Cyberjaya, instead of Parkcity Botanika

Budget 2025 poised to draw foreign interest — analysts



This post has been edited by SKY 1809: Oct 21 2024, 12:26 PM

Cyber ParkCity better maybe 😁

What’s the difference lol

Well, I think Parkcity Botanika , just like DCs cater more for the " Export market ", depend less on the locals .

This post has been edited by SKY 1809: Oct 21 2024, 11:46 AM

I am staying in Setia Botanika, just right opposite. Same name!

Nevermind lah..

Many things we spoke of in the past , have more or less been vouched ( agreed ) by ParkCity :-

1) Green concept ( ESG maybe )
2) Traffic friendly
3) Wide roads
4) Lifesytle livings
5) Tech supports
6) Ghostless
7) Etc

Botanika is more towards Unity with CBJ ..Green Concept

Let Year 2024 be a milestone for CBJ

This post has been edited by SKY 1809: Oct 21 2024, 07:00 PM

Will be great if they can bring in some high quality commercial tenants more towards beer , non halal food , dog friendly parks so in

I think another reason why parkcity choose cbj because this is most expat community livable cities at Selangor region beside KL. And definitely you need some expat community here to make the area look more atas 😁

This post has been edited by soonvee: Oct 21 2024, 01:23 PM

I think CBJ Park City could be a combination of US plus 1 and China plus 1 .

But let Park City does what is best for CBJ.

This post has been edited by SKY 1809: Oct 21 2024, 03:38 PM

DC , Cyber Security Act , DC Eco-system N future Apps etc

Let hear more from the horse mouth :-
Min 15.45 onwards

https://www.youtube.com/watch?v=SxcLEk0_ic4

More or less comfirmed what kidmad said about Apps ( softwares with local participations ) n hardware parts ..some Taiwan suppliers arrived at our shores, n Govt prefers further collabrations of the local and foreign suppliers in many areas ..

This post has been edited by SKY 1809: Oct 21 2024, 07:04 PM

Ya, let Park City speaks for us

This post has been edited by SKY 1809: Oct 21 2024, 03:39 PM

Gamuda Cyberjaya doing well

Parkcity will boost cyber more, game is on

This post has been edited by ahkit123: Oct 21 2024, 06:10 PM

Ermm i dont think Gamuda Cove is under Cyberjaya though…is beside it….

KUALA LUMPUR (Oct 21): The federal government is working on restructuring its incentive packages for data centre investments in the country to ensure they bring broader economic benefits to the people, said Treasury secretary general Datuk Johan Mahmood Merican.

Johan said that the government is cognisant that while data centre investments bring in large capital expenditures (capex), they may not bring tangible added value to the rakyat, such as high-paying job opportunities and knowledge transfer.

Technically Gamuda cove under Kuala langar district. Different authority with Cyberjaya Sepang.

Wut? Cyberjaya ohwai

Cyberjaya West