About MSC Malaysia Status

MSC Malaysia status is a recognition by the Government of Malaysia through the Malaysia Digital Economy Corporation (MDEC), for ICT and ICT-facilitated businesses that develop or use multimedia technologies to produce and enhance their products, services as well as process development and it is awarded to both local and foreign companies. MSC Malaysia Status also marks as world-class services and achievement as well as your getaway to a host of privileges granted by the Government of Malaysia for business entities.

BENEFITS

MSC Malaysia has revolutionized the ICT industry in Malaysia and helped contribute to the country’s economy. By doing so, MSC Malaysia has successfully bridged the digital gap between the nation and its capability to conduct businesses world wide. Here are some of the reasons why you should think about MSC Malaysia Status.

MSC Malaysia – Categories

MSC Malaysia status is awarded to 4 types of business entities, each with a set of different application criteria and guidelines. The qualifying business entities are:-

MULTI-TIERED INCENTIVES

The grant of MSC Malaysia Status entitles qualified entities to a set of incentives, rights and privileges from the Government of Malaysia, namely the MSC Malaysia Bill of Guarantees (BoGs). MSC Malaysia Status entitles qualified entities to enjoy different type of benefits from BoGs as shown in the table below:

TIER 1 TIER 2 TIER 3 STARTUPs
BOG 10 BOGs 8 BOGs 6 BOGs 6 BOGs
Relocation MSC Cybercity/Centre Commerical Building within MSC Cybercity/Centre Exempted Exempted
Financial Incentive (Tax Exemption) 100% 100% 70% 70%
Foreign Knowledge Workers Unrestricted Unrestricted 20 Only 20 Only
Processing Fee RM 2,120 RM 2,120 RM 2,120 RM 530

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