8/20/2019 MSC4Startups Brochure
2/2
MSC Malaysia Multi-tiered IncentivesApplicable to MSC Malaysia
Status companies approved after 1st January 2015
@
1-800-88-8338 / 03-8315 3000
03-8315 3115
[email protected]
Visit our website and contact us to apply forMSC Malaysia For
Startups Programme
• Undertake technology and/or knowledge transferand/or
contribute towards the development of MSC
Malaysia or support Malaysia’s k-economy initiatives• Establish
a separate legal entity for MSC Malaysia
qualifying activities
What isMSC Malaysia for StartupsProgramme?
MSC Malaysia for Startups Programme provides analternative for
young companies to become MSCMalaysia Status company without being
tied to anylocation requirements.
Why Should I Sign-up withMSC Malaysia for StartupsProgramme?•
Flexibility to choose strategic locations based on
own needs• Hiring Talents made easier• Enjoy MSC Malaysia Bill
Of Guarantees via multi
tiered incentives
APPLICATION PROCESS &QUALIFYING CRITERIA
Applicant Wizard System
Presentation toApproval Committee
Issuance ofMSC Malaysia
Approval Letter
Review ofBusiness Plan &
Financial Plan by BA
Submission of onlinePre Application
via Wizard System
Acceptance of Pre Application &Assignment of Business
Analyst
(BA) (2 days SLA)
Confirmation & submissionof complete document
(30 days SLA)
Processing of MSC MalaysiaStatus Approval Letter
(1 week SLA)
1
3
24
MSC Malaysia Bill ofGuarantees
TIER 1 TIER 2 TIER 3 (MSC4Startups)
Located in Designated Premiseswithin MSC Malaysia Cybercities
/Cybercentres*
Located in Commercial Premiseswithin MSC Malaysia Cybercities
/Cybercentres
Located outside of MSC MalaysiaCybercities / Cybercentres
1. To provide a world-class physicaland information
infrastructure
2. To allow employment of local andforeign knowledge
workers.
May employ foreign knowledge workersup to a maximum of 20
foreign knowledgeworkers at any time.
3. To ensure freedom of ownershipby exempting companies withMSC
Malaysia Status from localownership requirements.
4. To give the freedom to sourcecapital globally for MSC
Malaysiainfrastructure, and the right toborrow funds g lobally.
5. To provide competitive nancialincentives namely Pioneer
Status(100 percent tax exemption) for upto ten years or an
Investment TaxAllowance for up to ve years andno duties on the
importation ofmultimedia equipment.
Income tax exemption of 70 percent underSection 127(3)(b) of
Income Tax Act 1967 fora period of ve years and no duties on
theimportation of multimedia equipment.
6. To become a regional leader inIntellectual Property
Protection andCyberlaws.
7. To ensure no censorship of theInternet.
8. To provide globally competitivetelecommunications
tariffs.
9. To tender key MSC Malaysiainfrastructure contracts to
leadingcompanies willing to use MSCMalaysia as their regional
hub.
10. To provide a high-poweredimplementation agency to act asan
effective one-stop super shop.
* The full list of MSC M alaysia Cybercities, Cybercentres and
Designated Premises are available on
http://www.mscmalaysia.my/locations_cyber
www.mscmalaysia.my/msc4startups
![Brochure IFS Applications Brochure 2010[1]](https://img.pdfslide.us/doc/110x75/54f6c2954a7959430c8b48f5/brochure-ifs-applications-brochure-20101.jpg)
