PENJANA E-COMMERCE INITIATIVES
SMART AUTOMATION GRANT (SAG)
Let's Learn Digital | 
Leading Malaysia’s Digital Economy Forward
As the world navigates unprecedented times, facing multiple industry disruptions, Malaysia continues to set the narrative for the Southeast Asia region with a focused effort to drive its digital economy forward. Our mandate at MDEC is to ensure Malaysia makes the Digital Leap into the Fourth Industrial Revolution to drive shared prosperity, and firmly establish Malaysia as the Heart of Digital ASEAN.
Learn MoreMaking Malaysia the Heart of Digital ASEAN
With a globally recognised, close to 25 years track record of successfully developing ICT and digital technologies, Malaysia continues to innovate and expand its vibrant digital ecosystem. We aim to be the benchmark of a progressive digital nation and embody the Heart of Digital ASEAN.
Learn MoreDigitally Skilled Malaysians
Provide all Malaysians with access to the capabilities, tools, and know-how to take that digital leap. This includes facilitating new digital skills training and future jobs matching, resulting in a future-ready workforce.
Learn MoreDigitally Powered Businesses
Enable businesses to go digital, with speed and at scale. This includes supporting business automation, digitalisation, use of data and AI and digital marketing to expand market access.
Learn MoreDigital Sector Investments
Malaysia’s strategic location, business-friendly policies, versatile and digitally-savvy workforce and high living standards will consider Malaysia as the ideal base for regional expansion.
The opportunities to invest in digital economy enablers, digital creative content and emerging tech are clearly here to be realised.
Learn MoreProgrammes & Initiatives
Programmes & Initiatives
Programmes & Initiatives
Programmes & Initiatives
CREATING OPPORTUNITIES FOR THE PEOPLE
DRIVING INDUSTRIES OF THE FUTURE
INVEST IN THE HEART OF ASEAN
Energising the Nation’s Digital Economy
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 mscappl[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.