KUALA LUMPUR, Oct 10 (Bernama) -- The Ministry of Finance (MoF) has proposed to expand the existing tax deduction for listing expenses — currently set at RM1.5 million and available to technology-based companies and micro, small, and medium enterprises (MSMEs) — to also include MSMEs in the energy and utilities sectors.
This move is aimed at encouraging more companies and MSMEs to access capital markets by listing on Bursa Malaysia’s Main Market, ACE Market, or LEAP Market, and to support the National Energy Transition Roadmap (NETR) and the National Semiconductor Strategy.
According to MoF, the tax deduction will apply for a period of five years, from the year of assessment 2026 to 2030.
Currently, the tax deduction covers expenses of up to RM1.5 million, including fees paid to Bursa Malaysia and the Securities Commission Malaysia, professional service fees, as well as costs related to underwriting, placement, and brokerage services
-- BERNAMA
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