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For a company to operate in KHTP and
qualified for the high-tech incentives,
the following criteria must be fulfilled: |
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*
Local R & D expenditure
to gross sales should be
at least 1% on an annual
basis.
However, the companies are
allowed a period of 3 years
from the date of operation/commencement
of business to comply with
this requirement. |
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The
number of science and technical
graduates to total workforce
should be at least 7%.
(The science and technical
graduates must possess a
first degree or equivalent
of higher qualifications,
not including technical
workers with certificates
and diplomas). |
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The
product and process must
be categorised as high-tech
product/activities as identified
by
the Malaysian Industrial
Development Authority (MIDA). |
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In relation to * above, local
research and development is defined
as any systematic or intensive
study undertaken in Malaysia in
the field of science and technology
with the objective of using the
results of the study for 'the
production or improvement of materials,
devices, products, produce or
processes' but does not include: |
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quality
control of products or routine
testing of materials, devices,
products or produce; research
in the social science or the humanities;
routine data collection; efficiency
surveys or management studies;
and market or sales promotion. |
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Local research and development
expenditure means all operating
expenditure pertaining to the
research
undertaken. Capital expenditure
on buildings, machinery and equipment
used in research is excluded.
The following can be considered
as R & D operating expenditure:- |
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Expenditure
on raw materials used in the research
and development project |
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Payment
for technical services |
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Traveling
cost for research personnel |
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Transportation
cost of raw materials |
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Salary
and allowance for the personnel
involved directly in the research
project |
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| Any other reasonable cost including cost of prototyping the product. |
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