Sonneaire Coolbox Save is a MyHijau (green label) product and is applicable for Green Investment Tax Allowance (GITA) and GITE (Green Investment Tax Exemption).
It is compulsory by the Malaysian government that all green technology products must be registered with the government MyHijau registry. We are therefore in this registry.
The Malaysian government currently offers a 100% tax incentive known as Green Investment Tax Allowance (GITA) and Green Investment Tax Exemption (GITE) to encourage the use of eco and green technology products.
As a hybrid thermal heat recovery split unit air conditioning system, SonneAire Coolbox Save is applicable for this incentive.
Our customers (Business to Business only) can benefit under GITA if you are investing upfront. A deduction of up to 100% of your investment cost of obtaining Sonneaire Hybrid Airconds from your year end statutory tax. You may deduct this up to 60% in your first year and continue until you complete the 40% in the remaining years.
For customers which is doing EPC (Energy Procurement Contracts) for their clients, doing active energy audits with energy manager certification and procuring Sonneaire Coolbox Save as your EPC solution, you may deduct the same under GITE programme.
The condition is to inform MIDA (Malaysia Investment Development Authority) and Malaysia Green Technology Corporation (MGTC) Malaysia before you start any project using SonneAire. Please discuss with us first before you start the project so that we can help to advise you the basic procedures of this.
Then you may enjoy further attractive savings from your year end taxation, making Sonneaire Coolbox Save an ideal investment choice for you.