ACCELERATING THE DIGITAL TRANSFORMATION OF THE NATION
A healthy Digital Economy ensures that the nation’s industry has the agility to adapt to global digital disruption. The Digital Transformation Acceleration Programme (DTAP) will help futureproof Malaysian companies.
An outcome-driven programme, the DTAP aims to provide Malaysian companies with the necessary tools to help kickstart their digital transformation journey. The goal of the programme – to help businesses achieve their digital transformation goals.
Adapting to the digital disruption can be a daunting prospect, particularly for companies with limited resources. DTAP has been launched with two key objectives:
- To futureproof Malaysian companies by helping them enhance their competitiveness
- To provide a structured approach from global experts via Digital Transformation Labs for participating companies embarking on their digital transformation journey.
DTAP Pilot Grant
Introduced following a partnership with the Malaysians Investment Development Authority (MIDA), the DTAP Pilot Grant assists companies to leverage on Digital Transformation Lab’s expertise and assistance in addressing pain points and exploit opportunities in the digital space, while adopting emerging technologies.
Here’s how your company can apply for the grant.
Download the DTAP programme guidelineDownload
Over the years, many local companies have relied on the DTAP to achieve their digital transformation objectives. Here are some of the companies that have benefitted from DTAP:
SUCCESSFUL TESTIMONIAL VIDEOS
Here are some of the companies that have managed to complete their digital transformations successfully.Learn More
Update of MSC malaysia Status Tax Incentive
- 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@example.com.
- 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 firstname.lastname@example.org.
- For frequently asked questions, please refer here.