Eligibility Criteria for MD Status

To be eligible to apply for the award of Malaysia Digital Status, a company is required to meet the
following criteria:
1. Incorporated under the Companies Act 2016 and resident in Malaysia
2. Proposing to carry out or is currently carrying out one or more of the Malaysia Digital activities.
(refer to MD Status Approved Activities)

 

Conditions of MD Status

Conditions to be complied within 12 months from date of award of MD Status:

1. Activity : Commencement of operation and undertaking of the MD Approved Activities in Malaysia

2. Knowledge Workers:  Minimum 2 full-time employees (comprising knowledge workers) with minimum average monthly base salary of Ringgit Malaysia Five Thousand (RM5,000.00), employed for the MD Approved Activities

3. Operating Expenditure : Minimum annual operating expenditure of Ringgit Malaysia Fifty Thousand (RM50,000.00) incurred for the MD Approved Activities

4. Paid-up Capital Minimum :  Minimum of Ringgit Malaysia One Thousand (RM1,000.00)

Note : Operating Expenditures is defined as the expenses incurred on items consumed in the course of undertaking MD Approved Activities which may include expenses such as salary and other staff related expenses, utility and connectivity charges, rental, professional fees (secretarial, auditing, accounting, legal, etc), administrative and management expenses and marketing and promotional expenses.