New Principal Hub incentive scheme to replace these OHQ/IPC/RDC incentives.

Effective 1 May 2015, new Principal Hub incentive scheme will be implemented to replace these OHQ/IPC/RDC incentives which will be expiring on 30 April 2015.

New applications for status and incentive of Operation Headquarter (OHQ), International Procurement Centre (IPC) and Regional Distribution Centre (RDC) approved under Income Tax (Exemption) (No. 40) Order 2005, Income Tax (Exemption) (No. 41) Order 2005, and Income Tax (Exemption) (No. 42) Order 2005, will only be accepted for consideration by MIDA until 30 April 2015.

The new Principal Hub incentive scheme will be implemented to replace these OHQ/IPC/RDC incentives effective 1 May 2015. 

Posted on : 08 April 2015
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Last Updated : Friday 24th May 2019