WHAT IS MSC MALAYSIA ?
Established by the Malaysian government to accelerate the growth of the nation’s Digital Economy, the MSC Malaysia status provides eligible ICT-related businesses, both local and foreign, with a wide range of incentives, rights and privileges to promote continued growth.
2,954
Number of active MSC Malaysia status companies (as of May 2019)
RM472B
Revenue generated as of 2018
182,538
Number of jobs created as of 2018
BILL OF GUARANTEES
In order to foster an environment where MSC Status companies are given the best opportunities to flourish, the Government of Malaysia (Government) affords them with the MSC Malaysia Bill of Guarantees (BoGs).
The BoGs are a set of incentives, rights, and privileges that reflect the Government’s commitment to providing an environment that is conducive to the development of these companies, and subsequently, of a digital economy.
The Government has drafted 10 BoGs that supplement MSC Status companies with the groundwork for economic success:
- To provide a world-class physical and information infrastructure
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- Digital Entrepreneurship & Innovation
Promoting digital entrepreneurship is an especially vital path for Malaysia to boost economic growth and job creation. We need to speed the growth of digital entrepreneurship and innovation to propel Malaysia to the front of the global stage.
- Tech Talent Development
Making Malaysia into a digital economic powerhouse requires a pool and pipeline of human capital with the right skills and training. We are intensifying our efforts to develop the necessary tech talent that will redefine our Digital Economy.
- Digital Inclusivity
A prosperous nation is one in which its citizens work together for the common good. We aim to empower Malaysians both young and old through digital means in order to enhance their productivity, resulting in a better nation for all of us.
Apply For MSC Malaysia Status
Get a head start in the digital industry by applying for MSC Malaysia status
APPLY NOWAlready an MSC Malaysia Status Company?
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Login to VEGA What is VEGA?MSC HIGHLIGHTS
Cybercities and Cybercentres
Designated areas in which companies from the same sector are placed together to spur rapid growth
Learn MoreeDFI
The eDFI system is an online application services for duty free importation of multimedia equipment
Download eDFI Guideline Learn MoreOur OTHER SERVICES
Facilities & Programmes
Discover our dedicated facilities and special programmes that aim to drive innovation to new heights
LEARN MOREMTEP
Learn more about our special programme that helps tech entrepreneurs achieve their dreams
LEARN MOREThe Orbit
Discover our co-working space that is specially tailored towards the FinTech industry
LEARN MOREDFTZ
Discover our strategic initiative that aims to intensify Malaysia’s presence in cross-border eCommerce
LEARN MOREeXpats
Discover the one-stop hub for processing your company’s Foreign Knowledge Worker (FKW) employment needs
LEARN MOREImportant Announcements
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 6 July 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 Guidelines here.
- Application Forms can be downloaded from here and the completed application is to be forwarded to mscapplication@mdec.com.my.
- 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 clic@mdec.com.my.
FAQs
For frequently asked questions, please refer here
Issued by Malaysia Digital Economy Corporation Sdn Bhd (MDEC)
WITHDRAWAL OF WITHHOLDING TAX EXEMPTION FOR INCOME RECEIVED FROM MSC MALAYSIA STATUS COMPANIES
Dear Esteemed Client,
We refer to our earlier announcement on this matter, which can be found at https://mdec.my/what-we-offer/msc-malaysia/. Please be informed that the Revocation Order for the above has been approved and is effective from 1 January 2020.
You may refer to the Revocation Order here.
For further enquiries, please email to clic@mdec.com.my.
Thank you.
Issued by Malaysia Digital Economy Corporation Sdn Bhd (MDEC)
UPDATE ON MSC MALAYSIA STATUS TAX INCENTIVE: GUIDELINES FOR EXISTING MSC MALAYSIA STATUS COMPANIES (SERVICES)
Dear Esteemed Client,
We refer to all previous announcements issued by MDEC regarding the implementation of the international taxation standards under the Organisation for Economic Co-operation and Development (OECD), Base Erosion and Profit Shifting (BEPS) Action 5.
We are pleased to inform that a set of Guidelines has been approved by the Government for existing MSC Malaysia Status companies which are impacted by the aforesaid exercise.
Details of planned briefing sessions to be held in KL, Penang and Johor will be announced soon. We will share the information as soon as its available.
Please refer here for the Guidelines
For further enquiries, please email to mscapplication@mdec.com.my.
Thank you.
Issued by Malaysia Digital Economy Corporation Sdn Bhd (MDEC)
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 mscapplication@mdec.com.my.
- 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 clic@mdec.com.my.
FAQs
- For frequently asked questions, please refer here.