Business, SME and
Investment Measures
A practical overview of proposed tax changes, business incentives, financing and support measures that may affect Malaysian businesses.
What businesses should know
The Budget 2027 materials cover more than company tax. This guide groups the key proposals by how they may affect SMEs, employers, investors and selected industries.
1. Company Tax and Employer Measures Tax rates, deductions and capital allowances for businesses
MSME income tax rate changes
14% · 16% · 24%For qualifying MSMEs, the proposed rates are 14% on the first RM150,000 of chargeable income, 16% on the next RM450,000, and 24% above RM600,000.
First RM150,000: 15% → 14%
Next RM450,000: 17% → 16%
Potential annual tax savings may reach RM6,000, depending on eligibility and taxable income.
Small value asset capital allowance
RM2,000 → RM3,000 per assetThe qualifying value for each small value asset is proposed to increase from RM2,000 to RM3,000.
For companies other than MSMEs, the annual total claim limit is proposed to rise from RM20,000 to RM30,000. The presentation states this total limit does not apply to MSMEs.
Salary payments and tax deductions
Proposed from YA 2028Salary expense deductions are proposed to be allowed only when salary is paid through financial institutions or prescribed cashless payment instruments.
The proposal provides an exception for MSME employers. Confirm the final definition and conditions before applying this rule.
Employer repayment of employees’ PTPTN loans
1 Jan 2027 – 31 Dec 2028Employers may qualify for a tax deduction for PTPTN repayments made on behalf of employees during the proposed period.
Employee is full-time; no repayment or benefit is required from the employee in exchange; employee is not the business owner or related to the employer.
Bakat MADANI training programme
29 Jun 2026 – 31 Dec 2030Companies implementing the Bakat MADANI training programme are proposed to receive a tax deduction for the eligible period.
Keep programme, employee participation and expense records, and check the official requirements.
Accelerated capital allowance extension
Extended to 31 Dec 2030The accelerated capital allowance for qualifying plant, machinery, ICT equipment and software is proposed to be extended.
The proposal includes qualifying assets acquired from local manufacturers. Check the asset list and qualifying expenditure rules.
2. Business Tax Incentives and Investment Incentives for investors, service providers and selected industries
Relocation support for local automotive vendors
Deduction up to RM5 millionWholly locally owned automotive vendor companies relocating to the Automotive Hi-Tech Valley in Tanjung Malim may qualify for a deduction on eligible relocation costs.
Proposed expenditure period: 1 January 2027 to 31 December 2030.
Shariah-compliant fund management
Exemption rate: 60% → 40%The tax exemption for an eligible resident company providing Shariah-compliant fund management services is proposed to continue for three years, covering YA 2028 to YA 2030.
The proposed exemption is 40% of statutory income, subject to approval and conditions.
Sukuk Prisma issuance costs
YA 2027 – YA 2030A tax deduction is proposed for qualifying issuance costs of Sukuk Prisma approved, authorised or lodged with the Securities Commission Malaysia.
The existing deduction for SRI Sukuk issuance costs is stated to remain effective until YA 2027.
SRI Sukuk and Bond Grant Scheme
Income tax exemption proposedGrants received under the Sustainable and Responsible Investment (SRI) Sukuk and Bond Grant Scheme are proposed to be exempt from income tax from 1 January 2027.
Contributions to public universities
Deduction up to 10%Contributions to public universities by individuals, alumni and companies are proposed to qualify for a tax deduction of up to 10% of aggregate income.
Dapur Siswa MADANI contributions
1 Jan 2027 – 31 Dec 2030A tax deduction is proposed for qualifying food and equipment contributions to the Dapur Siswa MADANI programme.
ECF investment incentive
Extended to 31 Dec 2030The tax incentive for individual investors investing in start-ups and MSMEs through Equity Crowdfunding platforms is proposed to be extended for four years.
The presentation lists a limit of 50% of the investment, capped at RM50,000, subject to detailed conditions.
Angel investor incentive
Extended to 31 Dec 2030The tax incentive for angel investors in eligible technology start-ups at the pre-seed and seed stages is proposed to be extended.
Global Services Hub and JS-SEZ
Applications from 1 Jan 2027Proposed GSH changes include 5% and 15% tax rates for different company and income categories, an incentive period of up to 30 years, and qualifying service requirements.
Eligible treasury fund management activities may receive withholding tax and stamp duty benefits. Some benefits are also extended to the JS-SEZ package. Check MIDA approval conditions.
Malaysian shipping companies
Proposed exemption: YA 2027–2036Full income tax exemption is proposed for eligible Malaysian shipping companies, subject to Malaysia-based strategic management, local operating expenditure and employment conditions.
The proposal lists at least RM250,000 annual local operating expenditure and four Malaysian employees per Malaysian ship, with an average monthly salary of RM15,000 each.
International incentive trips, conferences and trade exhibitions
Extended to YA 2030A 100% income tax exemption on statutory income is proposed to be extended for qualifying organisers certified by MOTAC.
Incentive trips: 1,500
Conferences: 2,000
Trade exhibitions: 3,000
Green Technology Tax Incentive (GITA)
Applications and qualifying assets: 2027–2030The proposal restructures GITA for business projects and green assets used for own consumption. Eligible areas include green hydrogen, ocean thermal energy, renewable energy, EV infrastructure, locally produced waste and water systems, and selected vehicles and equipment.
Rates, tiers, application windows and verification requirements differ by project or asset. Project applications involve MIDA; qualifying own-consumption assets involve MGTC. Check the detailed schedules before relying on an incentive.
3. Indirect Tax and Stamp Duty Measures that may affect operating costs, suppliers and financing
Elderly care service tax
8% → 6%From 1 January 2027, the service tax rate for elderly care services is proposed to decrease from 8% to 6%.
Annual fees up to RM96,000 per person are proposed to be exempt where the provider is registered under the relevant law.
Sales tax refund for local traders
Proposed from 1 Jan 2027A refund facility is proposed for local traders or distributors who paid sales tax on specified goods supplied to manufacturers.
The listed categories include selected machinery, spare parts and equipment, plus inputs for pharmaceutical products, animal feed, fertilisers and pesticides.
P2P financing stamp duty
Duty above RM10 proposed to be remittedStamp duty exceeding RM10 on qualifying P2P loan or financing agreements between MSMEs and investors is proposed to be remitted.
Proposed for agreements executed from 1 January 2027 to 31 December 2030.
CAKNA and supplier financing stamp duty
RM10 duty treatment proposedProposals include extending or reintroducing remission of stamp duty above RM10 for specified CAKNA financing and supplier financing arrangements.
The relevant scheme, agreement date and eligibility conditions differ. Confirm which category applies to the transaction.
Foreign currency and ship financing
RM2,000 / RM5,000 caps proposedStamp duty on certain foreign currency loans from Malaysian banks and financing for purchase or construction of Malaysian ships is proposed to be capped.
Loan up to RM100 million: RM2,000
Loan above RM100 million: RM5,000
GSH and JS-SEZ intercompany loans
100% stamp duty exemption proposedEligible foreign currency loan agreements between companies undertaking qualifying treasury fund management activities under GSH or JS-SEZ may receive a full stamp duty exemption.
4. Grants, Financing and Business Support Funding and assistance for SMEs and selected sectors
First-time halal certification grant
Matching grant up to RM5,000MSMEs applying for halal certification for the first time may receive a matching grant of up to RM5,000, subject to programme requirements.
Support for halal MSMEs
Grant: RM25,000A grant of RM25,000 is proposed to strengthen halal MSMEs in areas including cosmetics and pharmaceuticals.
Geran Sejahtera MADANI
RM200 million allocationFunding is proposed for equipment and training for 40,000 recipients, particularly women and people who have skills but need support to purchase work equipment.
Cradle prototype and commercialisation grants
RM41 million allocationFunding is proposed for the Startup Ecosystem Roadmap and grants supporting prototype development and commercialisation.
Microfinancing for small entrepreneurs
RM6.6 billion in 2027The announced microfinancing pool includes allocations through AIM, TEKUN and BSN, including support for youths, gig workers, hawkers and vulnerable groups.
Specific facilities have their own eligibility and application processes.
Export financing and financing guarantees
BPMB: RM1 billionFinancing is proposed to help local MSMEs explore export markets. SJPP and CGC financing guarantees are also included in the Budget 2027 support measures.
The materials state guarantees of up to RM32 billion in 2027, with expanded coverage for mid-tier companies and M&A-related support.
ECF and P2P business funding
RM270 million supportFunding is proposed to support SMEs, mid-tier companies and social enterprises through equity crowdfunding and peer-to-peer platforms.
Additional BNM financing for affected SMEs
Additional RM5 billionBNM is proposed to add a further RM5 billion to financing support for SMEs affected by the West Asia conflict, on top of the earlier facility.
Businesses should check the current facility terms with participating financial institutions.
Other financing support
PUNB: RM500 millionOther measures include increased PUNB financing, agricultural entrepreneur financing, oil palm replanting support, aquaculture financing and support for gig workers.
Check each agency’s announcement for application windows, eligibility and repayment conditions.
Review which measures match your business activity, planned spending and financing needs. Keep the relevant records and confirm application details with the responsible agency or official guidance.
企业、中小型企业与投资措施
2027 财政预算案涉及的不只是公司税，也包括企业税务优惠、间接税、印花税、补助和融资。以下按企业可能受到的影响分类整理。
1. 公司税与雇主措施 税率、扣除与资本津贴
MSME 公司税率调整
14% · 16% · 24%符合条件的 MSME，建议首 RM150,000 应课税收入适用 14%；接下来 RM450,000 适用 16%；超过 RM600,000 的部分适用 24%。
首 RM150,000：15% → 14%
接下来 RM450,000：17% → 16%
符合条件的企业每年最多可能节省 RM6,000，实际金额视资格及应课税收入而定。
小额资产资本津贴
每项资产 RM2,000 → RM3,000每项符合条件的小额资产价值上限，建议从 RM2,000 调高至 RM3,000。
非 MSME 公司的年度总申报限额，建议从 RM20,000 提高至 RM30,000。讲义注明，这项年度总限额不适用于 MSME。
薪资付款方式与税务扣除
建议从 YA 2028 起建议只有通过金融机构或指定无现金支付工具支付的薪资，才可申请相关税务扣除。
提案为 MSME 雇主列出例外安排。最终适用对象及付款条件须以正式规定为准。
雇主代员工偿还 PTPTN
2027年1月1日 – 2028年12月31日在建议期间内，雇主替符合条件的员工偿还 PTPTN 贷款，可能可申请税务扣除。
员工须为全职；雇主不能要求员工以付款或其他回报作为交换；员工不能是企业主，也不能与雇主有亲属关系。
Bakat MADANI 培训计划
2026年6月29日 – 2030年12月31日参与 Bakat MADANI 培训计划的公司，建议可就符合条件的培训申请税务扣除。
请保留计划、员工参与情况及相关支出记录，并确认官方资格要求。
加速资本津贴延长
建议延长至 2030年12月31日符合条件的厂房、机器、ICT 设备及软件，加速资本津贴建议延长。
提案包括向本地制造商购买的部分设备或软件。适用资产和支出条件须进一步确认。
2. 企业税务优惠与投资措施 投资者、服务业和特定行业的优惠
本地汽车供应商搬迁支持
扣除最高 RM5 million全资本地汽车供应商搬迁至 Tanjung Malim 的 Automotive Hi-Tech Valley，符合条件的搬迁费用建议可申请扣除。
建议适用支出期间：2027年1月1日至2030年12月31日。
伊斯兰合规基金管理服务
豁免比例：60% → 40%符合条件的本地伊斯兰合规基金管理公司，相关税务优惠建议延长三年，适用于 YA 2028 至 YA 2030。
建议豁免比例为法定收入的 40%，并须符合批准及其他条件。
Sukuk Prisma 发行费用
YA 2027 – YA 2030获证券委员会批准、授权或备案的 Sukuk Prisma，其符合条件的发行费用建议可申请税务扣除。
现有 SRI Sukuk 发行费用扣除据资料所述维持至 YA 2027。
SRI Sukuk 与债券补助
建议享有所得税豁免从 2027年1月1日起，SRI Sukuk and Bond Grant Scheme 所收到的补助，建议可获所得税豁免。
捐款给公立大学
扣除最高为总收入的 10%公众、校友及企业捐款给公立大学，建议可申请最高为总收入 10% 的税务扣除。
Dapur Siswa MADANI 捐赠
2027年1月1日 – 2030年12月31日向 Dapur Siswa MADANI 计划捐赠符合条件的食物和设备，建议可申请税务扣除。
ECF 投资者优惠
建议延长至 2030年12月31日个人通过股权众筹平台投资初创企业和 MSME 的税务优惠，建议延长四年。
讲义列出的限额为投资额的 50%，最高 RM50,000；仍须符合详细条件。
天使投资者优惠
建议延长至 2030年12月31日投资符合条件的科技初创企业种子前期及种子阶段的天使投资者税务优惠，建议延长至 2030 年底。
Global Services Hub 与 JS-SEZ
2027年1月1日起申请GSH 优惠建议调整，不同公司和收入类别可能适用 5% 或 15% 税率，优惠期最长可达 30 年，并须符合指定服务条件。
符合条件的资金管理活动可能享有预扣税及印花税优惠，部分优惠亦纳入 JS-SEZ 配套。须符合 MIDA 批准条件。
马来西亚航运公司
建议豁免期：YA 2027–2036符合条件的马来西亚航运公司，建议可享全额所得税豁免，并须符合在马来西亚进行管理、营运支出及雇佣员工等条件。
提案列明每艘马来西亚船舶每年须有至少 RM250,000 本地营运支出，并雇用至少 4 名马来西亚公民，平均月薪 RM15,000。
国际奖励旅游、会议与贸易展览
建议延长至 YA 2030由旅游、艺术及文化部认证的合格主办单位，其法定收入 100% 所得税豁免建议延长。
奖励旅游：1,500 人
会议：2,000 人
贸易展览：3,000 人
绿色科技税务优惠（GITA）
申请及合格资产期间：2027–2030提案调整商业项目及自用绿色资产的 GITA，涵盖绿色氢能、海洋温差能、可再生能源、电动车基础设施、本地生产的废物与水处理系统，以及指定车辆和设备。
不同项目及资产适用的税务津贴比例、层级、申请期和核实条件不同。商业项目涉及 MIDA，自用绿色资产涉及 MGTC；申请前应查看详细清单。
3. 间接税与印花税 可能影响营运成本、供应商和企业融资的措施
老人护理服务服务税
8% → 6%从 2027年1月1日起，老人护理服务的服务税率建议从 8% 下调至 6%。
若服务提供者已按相关法律注册，每人每年最高 RM96,000 的护理费用建议可获服务税豁免。
本地贸易商销售税退款
建议从 2027年1月1日起本地贸易商或经销商向制造商供应指定货物，并已支付销售税的，建议可申请退款。
指定项目包括部分机器、零件及设备，以及药品、动物饲料、肥料和农药生产投入品。
P2P 融资印花税
超过 RM10 的部分建议豁免MSME 与投资者之间符合条件的 P2P 贷款或融资协议，超过 RM10 的印花税建议可获豁免。
建议适用于 2027年1月1日至2030年12月31日签署的协议。
CAKNA 与供应商融资印花税
建议采用 RM10 印花税安排提案包括延长或重新推出部分 CAKNA 融资及供应商融资协议中超过 RM10 印花税的豁免。
适用的计划、协议日期和资格条件不同，应先确认所属融资类别。
外币贷款与船舶融资
建议上限 RM2,000 / RM5,000部分来自马来西亚银行的外币贷款，以及购买或建造马来西亚船舶的融资协议，建议设定印花税上限。
贷款不超过 RM100 million：RM2,000
贷款超过 RM100 million：RM5,000
GSH 与 JS-SEZ 公司间贷款
建议享 100% 印花税豁免在 GSH 或 JS-SEZ 下进行合格资金管理活动的公司，其符合条件的外币公司间贷款协议，建议可获全额印花税豁免。
4. 补助、融资与企业支持 面向 MSME 和特定行业的资金及援助
首次清真认证补助
配对补助最高 RM5,000首次申请清真认证的 MSME，建议可申请最高 RM5,000 配对补助，并须符合相关计划条件。
支持清真 MSME
补助 RM25,000提案提供 RM25,000 补助，支持化妆品及制药等领域的清真 MSME。
Geran Sejahtera MADANI
拨款 RM200 million拟提供设备和培训支持，预计帮助 40,000 名受惠者，特别是具备技能但需要资金购买工作设备的人士。
Cradle 原型开发与商业化补助
拨款 RM41 million拨款拟用于 Startup Ecosystem Roadmap，以及原型开发和商业化相关补助。
小商家微型融资
2027年 RM6.6 billion融资安排包括 AIM、TEKUN 和 BSN 的资金，并涵盖青年、零工工作者、小贩及弱势群体等。
不同机构的融资项目有各自的资格和申请流程。
出口融资与融资担保
BPMB：RM1 billion提案提供融资，协助本地 MSME 探索出口市场；SJPP 和 CGC 融资担保也属于预算案支持措施。
资料列出 2027 年最高 RM32 billion 担保，并扩大至中型企业及并购相关支持。
ECF 与 P2P 企业融资
支持资金 RM270 million提案提供资金，通过股权众筹和 P2P 平台支持 SME、中型企业及社会企业。
受影响 SME 的 BNM 融资
额外 RM5 billion针对受西亚冲突影响的 SME，BNM 建议在原有融资安排外再增加 RM5 billion。
企业可向参与的金融机构确认当期融资条件。
其他融资支持
PUNB：RM500 million其他措施包括增加 PUNB 融资、农业企业融资、油棕翻种支持、水产养殖融资及零工工作者支持。
申请期限、资格及还款条件应向负责机构确认。
可先按企业业务、计划支出和融资需求筛选相关措施，并保留证明文件。申请前向相关机构确认资格及申请流程。
