Corporate Income Tax exemption for industrial undertakings producing halal meat
Name of Incentive
Corporate Income Tax exemption for industrial undertakings producing halal meat
Type of Incentive
Tax Incentive
Ministry
Agency
Sector
Food Processing
Sub Sector
Product/Activity
Incentive Details
Description
Profits and gains derived by a company, from an industrial undertaking setup between July 2015 and 30 June 2017 for establishing and operating a halal meat production unit are allowed exemption from tax for a period of 4 years. Certain conditions need to be met, such as obtaining a Halal meat certification by designated bodies.
