MDEC Tech Talent CEO Roundtable
Relive the highlights of the Tech Talent CEO Roundtable, featuring MDEC’s CEO Surina Shukri
Play VideoData Scientist – The Sexiest Job of The 21st Century
Discover how we’re pushing to grow 20,000 data professionals via various programmes with our partners
Play VideoDigital Ninja Leadership Bootcamp 2018
View the highlights of the Digital Ninja Leadership Bootcamp of 2018
Play VideoDigital Ninja Career Immersion 2018
Discover how our Digital Ninja Career Immersion programme provides our youth with internship opportunities with various tech companies
Play Video#mydigitalmaker Fair 2018
Relive the #mydigitalmaker Fair 2018, where the youth of Malaysia is exposed to the wonders of robotics-building, 3D printing, and more
Play VideoEDUCATING THE INNOVATORS OF TOMORROW
Visit our YouTube channel to discover how our youth will help pave the way for Malaysia’s digital future.
Visit NoweUsahawan Level Up
Discover how eUsahawan has allowed these group of entrepreneurs to achieve success
Play VideoHelmi Naim Ahmad
Learn how eUsahawan has allowed Helmi to generate 80% of his income from his handicraft business
Play VideoLetchumy Alagunaidu
Discover how eUsahawan has grown Letchumy’s Kacang Putih & Indian Snacks business to greater heights
Play VideoPuvalan
Discover how eRezeki has allowed Puvalan to earn a living while taking care of his family
Play VideoRISING TO THE CHALLENGE
Visit our YouTube channel to discover how the Malaysian public is benefitting from our platforms and programmes.
Visit NowHup Foon Auto Supplies Sdn. Bhd
Learn how eCommerce has allowed Hup Foon Auto Supplies to bring their business to the global market
Play VideoTRL
Learn how the Digital Free Trade Zone has allowed TRL to export Musang King durians to other parts of the world
Play VideoDigital Creative Content Challenge
Watch how game development companies and animation studios pitch their ideas during the recently concluded Intellectual Property Creators Challenge (IPCC)
Play VideoSony PlayStation Experience SEA 2017 @ KL Life Centre
Discover how Sony’s PlayStation Experience SEA 2017 plays a role in Malaysia’s goal of becoming a part of the global gaming industry
Play VideoEMPOWERING MALAYSIA’S DIGITAL INDUSTRY
Visit our YouTube channel to discover how everyday Malaysians are pushing the nation forward.
Visit NowImportant 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.