MSC MALAYSIA DIRECTORY
Explore our database of approximately 3,000 companies registered under MSC Malaysia in this comprehensive directory
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MSC Malaysia Application Process
For those looking to apply for the MSC Malaysia status, here’s are the steps that you need to go through
STEP 1
- Download and fill in the application form
- Submit the completed application form to mscapplication@mdec.com.my
- You’ll receive a receipt of acknowledgement by MDEC upon successful submission of the application form
STEP 2
- A Business Analyst (BA) will be assigned to your application
- Your application form will be verified by the BA in charge
- This step takes roughly three working days
STEP 3
- The BA will evaluate your application form
- You will be required to submit a number of documents as outlined by a provided checklist, as well as a processing fee
- A notification will be sent to you once you’ve completed your application
- This step takes roughly 20 working days
STEP 4
Your application will be presented to the Approval Committee (AC)
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Download the application form now and kickstart your business’ journey towards becoming a MSC Malaysia Status Company.
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MSC Malaysia Status Incentive Category
The MSC Malaysia status is divided into three tiers, each of which having their own sets of conditions that a company must fulfill before being entitled to the corresponding incentives. Here’s a breakdown of the conditions and the incentives for each MSC Malaysia status tier.
Incentive
Category
Category (Tier) 1
Incentive
100% Tax EXEMPTION FOR 5 YEARS
(extendable for an additional 5 years)
Requirements
- Must be located within Designated Premises at MSC Malaysia Cybercities or Cybercentres1
- Must have paid up capital of at least RM500,000 (to be increased to RM2.5 million for extension of exemption after 5 years)2
- 70% of Knowledge Workers must be Malaysians2
Must comply with one of the following2
with a minimum salary of RM5,000
Annual operating expenditure and investment in fixed assets of at least RM3.5 million
with a minimum salary of RM10,000
Annual operating expenditure and investment in fixed assets of at least RM3.5 million
with a minimum salary of RM5,000
Annual operating expenditure and investment in fixed assets of at least RM10 million
NOTE:
- To be met within 24 months from the date of award of MSC Malaysia Status and need to be complied with during the exemption period
- To be complied with by the end of Year 2 from the commencement date of the exemption period and thereafter during the exemption period
Category (Tier) 2
Incentive
100% Tax EXEMPTION FOR 5 YEARS
(extendable for an additional 5 years)
Requirements
- Must be located at MSC Malaysia Cybercities or Cybercentres1
- Must have paid up capital of at least RM500,000 (to be increased to RM2.5 million for extension of exemption after 5 years)2
- 70% of Knowledge Workers must be Malaysians2
Must comply with one of the following2
with a minimum salary of RM5,000
Annual operating expenditure and investment in fixed assets of at least RM3.5 million
with a minimum salary of RM10,000
Annual operating expenditure and investment in fixed assets of at least RM3.5 million
with a minimum salary of RM5,000
Annual operating expenditure and investment in fixed assets of at least RM10 million
NOTE:
- To be met within 24 months from the date of award of MSC Malaysia Status and need to be complied with during the exemption period
- To be complied with by the end of Year 2 from the commencement date of the exemption period and thereafter during the exemption period
Category (Tier) 3
Incentive
70% Tax EXEMPTION FOR 5 YEARS
May apply for extension provided company changes to Tier 1 or Tier 2 and fulfills the conditions imposed and to increase paid-up capital to RM2.5 million
Requirements
* Not subjected to location requirement
- Must have paid up capital of at least RM250,000
- Ensure 50% of Knowledge Workers must be Malaysians
Must comply with one of the following2
with a minimum salary of RM5,000
Annual operating expenditure and investment in fixed assets of at least RM1 million
with a minimum salary of RM8,000
Annual operating expenditure and investment in fixed assets of at least RM1 million
NOTE:
- To be complied with within 24 months from the date of award and thereafter during exemption period.
- To be complied with by the end of Year 2 from the commencement date of the exemption period and thereafter during the exemption period.
APPLY FOR MSC MALAYSIA STATUS TODAY
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DOWNLOAD APPLICATION FORMTier 1 BoG
- To allow employment of local and foreign knowledge workers.
- To ensure freedom of ownership by exempting companies with MSC Malaysia Status from local ownership requirements.
- BTo give the freedom to source capital globally for MSC Malaysia infrastructure, and the right to borrow funds globally.
- To provide competitive financial incentives namely Pioneer Status (100 percent tax exemption) for up to ten years or an Investment Tax Allowance for up to five years and no duties on the importation of multimedia equipment.
- To become a regional leader in Intellectual Property Protection and Cyberlaws.
- To ensure no censorship of the Internet.
- To tender key MSC Malaysia infrastructure contracts to leading companies willing to use MSC Malaysia as their regional hub.
- To provide a high-powered implementation agency to act as an effective one-stop super shop.
- To provide a high-powered implementation agency to act as an effective one-stop super shop.
- To provide a high-powered implementation agency to act as an effective one-stop super shop.
Tier 2 BoG
- To allow employment of local and foreign knowledge workers.
- To ensure freedom of ownership by exempting companies with MSC Malaysia Status from local ownership requirements.
- BTo give the freedom to source capital globally for MSC Malaysia infrastructure, and the right to borrow funds globally.
- To provide competitive financial incentives namely Pioneer Status (100 percent tax exemption) for up to ten years or an Investment Tax Allowance for up to five years and no duties on the importation of multimedia equipment.
- To become a regional leader in Intellectual Property Protection and Cyberlaws.
- To ensure no censorship of the Internet.
- To tender key MSC Malaysia infrastructure contracts to leading companies willing to use MSC Malaysia as their regional hub.
- To provide a high-powered implementation agency to act as an effective one-stop super shop.
Tier 3 BoG
- To allow employment of local and foreign knowledge workers.
- To ensure freedom of ownership by exempting companies with MSC Malaysia Status from local ownership requirements.
- BTo give the freedom to source capital globally for MSC Malaysia infrastructure, and the right to borrow funds globally.
- To provide competitive financial incentives namely Pioneer Status (100 percent tax exemption) for up to ten years or an Investment Tax Allowance for up to five years and no duties on the importation of multimedia equipment.
- To become a regional leader in Intellectual Property Protection and Cyberlaws.
- To ensure no censorship of the Internet.
- To tender key MSC Malaysia infrastructure contracts to leading companies willing to use MSC Malaysia as their regional hub.
- To provide a high-powered implementation agency to act as an effective one-stop super shop.
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MSC Malaysia Promoted Activities
Companies that are looking to apply for MSC Malaysia status must be a provisioner of services that are related to any of the following:
- Big Data Analytics (BDA)
- Artificial Intelligence (AI)
- Financial Technology (FinTech)
- Internet of Things (IoT)
- Data Centre and Cloud (technology / software / design and support)
- Blockchain
- Creative Media Technology
- Sharing Economy Platform
- User Interface and User Experience (UI / UX)
- Integrated Circuit (IC) Design and Embedded Software
- 3D Printing (technology / software / design and support)
- Robotics (technology / software / design)
- Autonomous (technology / software / design and support)
- Systems / Network Architecture Design and Support
- Global Business Services or Knowledge Process Outsourcing (excludes non-technical and / or low value call centre, data entry, and recruitment process oursourcing)
APPLY FOR MSC MALAYSIA STATUS TODAY
Download the application form now and kickstart your business’ journey towards becoming a MSC Malaysia Status Company.
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