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About Malaysia Digital
Malaysia Digital is a national strategic initiative by the Malaysian Government to encourage and attract companies, talents and investment while enabling Malaysian businesses and Rakyat to play a leading part in the global digital revolution and digital economy.
Drive digital adoption amongst aspiring young entrepreneurs, companies and the Rakyat
Grow local tech companies to be Malaysian champions, thriving globally
Attract high-value investments
How Malaysia Digital Can Help
EQUITABLE ACCESS TO DIGITAL TOOLS, KNOWLEDGE & INCOME OPPORTUNITIES
Accelerate the adoption of digital with the Malaysia Digital National Strategic Initiative and #SayaDigital campaign to explore new digital lifestyle experiences and new income opportunities.
FOR RAKYAT
NEW BUSINESS OPPORTUNITIES AND GROWTH IN A VIBRANT ECOSYSTEM
Malaysia Digital will strengthen the digital ecosystem via catalytic programmes and targeted digitalisation projects.
FOR BUSINESS
FLEXIBLE AND AGILE DIGITAL INVESTMENT FACILITATION
With new and flexible offerings under Malaysia Digital, investors have the option to domicile and grow anywhere in Malaysia, supported by seamless facilitation.
FOR INVESTORSMalaysia Digital Programmes & Initiatives
Malaysia Digital Programmes & Initiatives
Malaysia Digital Programmes & Initiatives
Malaysia Digital Programmes & Initiatives
WHAT'S HAPPENING
Important Announcement
Update of MSC malaysia Status Tax Incentive
Background
- We refer to the announcement by the Government of Malaysia on 12 June 2018, “Malaysia’s Commitment in International Tax Standard“, and the subsequent announcement by MDEC on 28 December 2018, titled “Important Update and Changes on MSC Malaysia BOG 5“.
- As stated in the aforesaid announcements, the identified tax incentives of Malaysia will need to be reviewed and amended to be consistent with the international standards, which also include the MSC Malaysia Bill of Guarantee (BOG) 5 (Tax Exemption).
- In accordance with the above exercise, the grant of MSC Malaysia Status and its incentives, including extension of income tax exemption period, or adding new MSC Malaysia Qualifying Activities, has been put on hold since 1 July 2018.
Changes to BOG 5 (Tax Exemption)
- Previously, the tax exemption for MSC Malaysia Status was granted for the income derived from MSC Malaysia Approved Activities. Moving forward, the tax exemption will be granted for income derived from either services activities (Services Incentive) and/or intellectual property (IP Incentive).
Status Update: Approval of MSC Malaysia Status Services Incentive (Non-IP)
- The MSC Malaysia Status Services Incentive has been approved by the Government and will be regulated under the new Income Tax (Exemption) (No. 10) Order 2018 [P.U.(A) 389/2018], which was gazetted on 31 December 2018.
- As for the MSC Malaysia Status IP Incentive, the policy is still under review process by the Government. MDEC will be releasing further information in due course.
Application of MSC Malaysia Status Services Incentive (Non-IP)
- Applications for MSC Malaysia Status Services Incentive can be made starting from 2nd April 2019.
- For more details about the eligibility criteria, and qualifying promoted activities and conditions, please refer to detailed Application Guidelines here.
- Application Forms can be downloaded from here and the completed application is to be forwarded to [email protected].
- For further enquiries, please contact MDEC Client Contact Centre (CliC) at 1-800-88-8338 (within Malaysia) or +603 8315 3000 (overseas) or email at [email protected]
FAQs
- For frequently asked questions, please refer here.