Company Law

Companies qualifying for Manufacturing & Industrial Incentives under the Business Promotion Act

Companies qualifying for Manufacturing & Industrial Incentives under the Business Promotion Act

Companies with objects that fall within the qualifying activities and/or target sectors of the Business Promotion Act (BPA) include typical manufacturing and industrial activities as well as a number of service sectors, particularly IT service industries. Qualifying companies may opt to benefit from a number of fiscal and non-fiscal benefits provided under the BPA, thus enjoying significant tax savings.

tax benefits

non-fiscal benefits