Malaysia Launches New Incentive Framework (NIF): 5% Special Tax Rate for High-Value Investments

马来西亚推出新激励框架（NIF）：高价值投资享5%特别税率

What the NIF Offers

政策核心：NIF给企业什么

On 29 January 2026, Malaysia officially introduced the New Incentive Framework (NIF), replacing its old broad-based tax holiday system with a tiered, outcome-based model. The framework has two core tools: a Special Tax Rate (STR) of 5% or 10%, and an Investment Tax Allowance (ITA) of up to 100% on qualifying capital expenditure.

2026年1月29日，马来西亚正式推出新激励框架（NIF），用分层、按绩效兑现的模式取代了过去"一刀切"的免税期制度。框架包含两个核心工具：5%或10%的特别税率（STR），以及最高达100%合格资本支出的投资税收减免（ITA）。

Who Qualifies

哪些企业符合条件

The NIF targets high-value activities in priority sectors including semiconductors, electrical and electronics (E&E), and advanced manufacturing. Incentives are tied to measurable outcomes — R&D spending, local employment, and technology transfer — rather than granted automatically at entry.

NIF瞄准半导体、电子电气（E&E）和先进制造等高价值产业的优先领域。优惠不再"进门就给"，而是与可量化的产出挂钩：研发投入、本地雇佣人数、技术转移程度。企业必须先承诺产出指标，达标后才能兑现税率优惠。

Old Regime vs. New Regime

新旧制度对比

| 项目 | 旧制度（免税期） | 新制度（NIF） |

|------|------|------|

| 生效时间 | 2026年前 | 2026年1月29日 |

| 税率优惠 | 免税期，期限固定 | STR 5%或10%，按层级定档 |

| 资本支出减免 | 60% ITA | 最高100% ITA |

| 兑现方式 | 自动生效 | 按产出指标考核后兑现 |

How to Apply

怎么拿到优惠

Applications go through MIDA (Malaysian Investment Development Authority), which evaluates the project against the priority activity list and negotiates the incentive tier. The process typically takes 3 to 6 months from submission to approval, depending on project scale.

申请通过马来西亚投资发展局（MIDA）提交，由MIDA对照优先活动清单评估项目，并与企业谈判确定激励档位。从提交到批准，流程通常需要3至6个月，取决于项目规模。

First Steps for Companies

企业第一步做什么

Step one: check whether your product or activity appears on MIDA's priority list — semiconductor, E&E and advanced manufacturing projects get the 5% tier fastest. Step two: prepare an investment plan with concrete R&D and hiring targets, because the incentive tier is negotiated against these numbers. Step three: file through MIDA before signing land or equipment contracts, since the NIF only covers qualifying expenditure incurred after approval.

第一步：查MIDA优先活动清单确认业务是否在内——半导体、电子电气、先进制造项目最快拿到5%档位。第二步：准备含明确研发投入和雇佣目标的投资计划书，激励档位是按这些数字谈判的。第三步：在签土地或设备合同前完成MIDA���请，因为NIF只覆盖批准之后发生的合格支出。顺序错了，前面花的钱一分不补。