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  • Writer's pictureCCS
    • Oct 9, 2022
    • 2 min read

Extension of Tax Incentive for Medical Tourism

Updated: Jul 17, 2023


Update: The Ismail Sabri Government Budget is no longer applicable.


Malaysia's national budget for 2023 was re-tabled again in February 2023; for more info, please visit - https://www.ccs-co.com/post/budget-2023-malaysia-madani.


This tax incentive included in Budget 2023, tabled in Parliament on 7 October 2022, was not included in Budget 2023 (Re-tabled) on 24 February 2023.

Response from MOF (Ministry of Finance): Not extended/Discontinued
Current Position

If a private healthcare company makes a new investment or engages in expansion, modernisation, or refurbishment activities, it may be eligible for an income tax exemption equivalent to the Investment Tax Allowance of 100% of the qualifying capital expenditure for a period of 5 years.


Additionally, this allowance may be set off against 100% of the company's statutory income.



The tax incentive is subject to the following conditions:

  1. at least 10% of the total number of patients receiving private healthcare services for each year of assessment are comprised of qualified healthcare travellers; and

  2. at least 10% of the company’s gross income for each year of assessment is derived from services to qualified healthcare travellers.

The tax incentive is for applications received by the Malaysian Investment Development Authority (MIDA) from 1 January 2021 until 31 December 2022.

Proposal [This tax incentive included in Budget 2023, tabled in Parliament on 7 October 2022, was not included in Budget 2023 (Re-tabled) on 24 February 2023]

It is proposed that the tax incentive be extended for three years further to support the growth of quality private healthcare services and increase the arrival of healthcare travellers.


Effective Date

For applications received by MIDA from 1 January 2023 until 31 December 2025.



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