Malaysia provides several subsidies to reduce childcare costs for families. These include monthly subsidies for civil servants (RM180 per child) and for parents with lower per capita incomes in urban areas [...]
Yes, the Malaysian government has increased the income tax exemption on childcare allowances provided by employers to RM3,000. Employers who directly support employees with childcare costs or offer on-site childcare facilities [...]
Yes, Penang offers a specific subsidy program for the B40 income group, providing eligible families with a monthly childcare subsidy of RM50 per child. This program helps make quality childcare more [...]
For civil servants in Malaysia with a monthly household income below RM5,000, the government provides a subsidy of RM180 per child each month if they use a registered childcare centre in [...]
Yes, all registered childcare centres in Malaysia must meet strict health and safety standards to qualify for subsidies and incentives. This includes proper sanitation, fire safety compliance, and hygiene practices to [...]
Beyond subsidies for families, the government provides tax incentives and support for employers to set up workplace childcare facilities. These incentives encourage businesses to create accessible childcare options for employees, which [...]
The RM250 subsidy is available to parents with a per capita income below RM500, especially those living in urban areas. The aim is to make private registered childcare services more affordable [...]
The New Family Office Incentive Scheme is a government initiative to encourage the establishment of family offices in Malaysia. It offers tax benefits and regulatory support to ultra-high-net-worth individuals and families, [...]
Family offices in the Forest City Special Financial Zone enjoy: A 0% tax rate for the first five years. A concessionary corporate tax rate of 15%. A modern infrastructure conducive to [...]
Family offices can benefit from a 0% tax rate on income generated for the first five years. Afterward, they can enjoy a concessionary tax rate, making it highly tax-efficient for single-family [...]
