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Incentives for MSC Malaysia

Update Date:2016-1-28 10:39:40 Source:Tannet (Malaysia) Sdn Bhd Views:906

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Financial Incentives


  • Guided by Malaysia's Promotion of Investment Act (PIA) 1986, amended 1997, MSC Malaysia status companies, institution or faculties may enjoy the following financial incentives: Pioneer Status -100% exemption from taxable statutory income. This incentive is granted for a period of 5 years for the first round.
  • A 100-percent Investment Tax Allowance (ITA).
  • Eligibility for R&D grants (for majority Malaysian ownership MSC Malaysia-Status companies.
  • Freedom to source capital and borrow funds globally.
  • Duty-free importation of multimedia equipment (DFI).


 

Non-Financial Incentives


  • No censorship of the Internet.
  • Globally competitive telecommunication tariffs and services guarantees if MSC Malaysia-status companies are located within the MSC Malaysia.
  • World-class physical and IT infrastructure if companies are located within MSC Malaysia.
  • Intellectual property protection and a pioneering and comprehensive framework of cyber laws can be enjoyed by MSC Malaysia-status companies irrespective of location.
  • High-powered implementation agency to act as an effective one-stop super shop - the MDeC.
  • High-quality planned urban developments.
  • Excellent R&D facilities, including the region's first Multimedia University if companies are located within MSC Malaysia.
  • Green environment protected by strict zoning if located within MSC Malaysia.


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