Client Overview
A renewable energy developer participating in Malaysia’s Large Scale Solar 3 (LSS3) programme
Engagement Scope
Tax incentive and regulatory advisory for participation in Malaysia’s Large Scale Solar 3 (LSS3) programme
Challenge
The client needed to secure long-term tax incentives for a major solar project in Kedah while navigating the LSS3 regulatory approval process to ensure timely project delivery and grid connection.
Our Approach
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Managed the company’s tax incentive application for the large-scale solar project
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Provided regulatory support throughout the LSS3 approval process
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Established ongoing company secretarial services for the client and its subsidiaries
Deliverables
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Tax incentive application and approval management
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LSS3 regulatory compliance and approval coordination
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Company secretarial services framework
Outcome
Secured an Investment Tax Allowance incentive for the RM380 million solar project. The client became the first LSS3 participant to build its solar farm and connect to the grid.
Capabilities Demonstrated
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Tax incentive advisory and application management
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Renewable energy sector regulatory expertise
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LSS3 programme compliance and approvals
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Company secretarial services LSS3 programme authorities (specific agencies not stated in source documentation)
Post-Engagement
Continue to provide ongoing company secretarial services
Summary
Long-term tax incentive approval for a major LSS3 solar project, with the client achieving first-mover status by becoming the first LSS3 participant to build and connect to the grid.