Investors Enjoy the Following Incentives

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Investors Enjoy the Following Incentives

www.mida.gov.my

Malaysian Industrial Development Authority

WELLNESS ZONE IN PORT DICKSON, NEGERI SEMBILAN, MALAYSIA

Port Dickson in Negeri Sembilan, Malaysia, is 34km from the state capital of Seremban and about one and half hour’s drive from Kuala Lumpur. Its sandy beaches are fringed by casuarinas, coconut palms and the spreading branches of the Banyan Tree. The Wellness Zone was established in 2007 and it is located in an area 61 Kilometer long from Lukut to Pasir Panjang in Port Dickson, Malaysia. It is an ideal place for practitioners of medicine and wellness to set up their businesses. Investors enjoy the following incentives: i. 70% of income generated by companies through services rendered to foreign tourists is exempted from tax for a period of 10 years starting from the year of assessment 2008. The tax incentive is only to be given to companies providing healthcare and wellness services as indicated in Appendix I subject to the necessary approvals from the Ministry of Health Malaysia; and

ii. Import duty and sales tax exemption on machinery and equipment directly used in rendering healthcare services. Application for incentives in paragraph (i) and (ii) should be submitted to the Malaysian Industrial Development Authority (MIDA) before 31 December 2010 at the following address:

Director General Malaysian Industrial Development Authority 5th Floor , Block 4, Plaza Sentral Jalan Stesen Sentral 5 Kuala Lumpur Sentral 50470 Kuala Lumpur Tel : 603-2267 3633 Fax : 603-2274 7970 Email : [email protected] Website: http://www.mida.gov.my WZ

Application should be made using the relevant forms (3 copies) as follows: i. Tax incentives: a. New Project – Form ICA/JA-1 b. Expansion and/or Diversification Project – Form ICA/JA-2

ii. Import duty and sales tax exemption – Form PC Services (2007)

For approval to practice, please contact Ministry of Health at the following address: Ministry of Health Medical Practice Division Private Medical Practice Control Division Section Level 3, Block E1 Complex E Federal Government Administrative Centre 62590 Putrajaya Tel : 603-8883 1296 Fax : 603-8881 0901 Website: www.moh.gov.my

For more details, please contact the Port Dickson Municipal Council: Port Dickson Municipal Council KM 1, Jalan Pantai 71009 Port Dickson Negeri Sembilan Darul Khusus Malaysia Tel : 06-6471122 Fax : 606-6474984 Email : [email protected] Website : www.mppd.gov.my WZ

Appendix I

LIST OF HEALTHCARE & WELLNESS ACTIVITIES QUALIFYING FOR INCENTIVES

No. CLINICAL DISCIPLINES 1. Geriatric 2. Obstetrics & Gynecology 3. Dermatology 4. Ophthalmology 5. Aesthetic Medicine 6. Plastic reconstruction and cosmetic surgery services 7. Cosmetic dental services 8. Wellness treatment 9. Traditional medicine 10. Terminal and chronic diseases 11. Clinical support activities

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