The Government has introduced Malaysia Digital as the new national strategic initiative to encourage and attract companies, talents and investment while enabling Malaysian businesses and Rakyat to play a leading part in the global digital revolution and digital economy.
This initiative also serves to create substantial digital economic spill-over through equitable access to digital tools, knowledge and income opportunities nationwide
Benefits To MD Status Companies
- Foreign knowledge worker quota and passes
- Tax incentives (income tax exemption or investment tax allowance)
- Multimedia/ICT equipment import duty and sales tax exemption
- Competitive and ready infrastructure for business available at MD Cybercities/Cybercentres
- Freedom of ownership by exempting from local ownership requirements
- Flexibility to source capital and funds globally; and/or 7. MDEC as the one-stop agency for MD
Status companies - Access to local and international market and ecosystem
- Business matching and partnership
- Grant and funding facilitation
- Participation in MD catalytic programmes.
OTHER BENEFITS
MD Status companies are also eligible to access facilitation of other benefits such as:
1. Access to local and international market and ecosystem
2. Business matching and partnership
3. Grant and funding facilitation
4. Participation in MD catalytic programmes.
The above benefits are subject to the applicable eligibility criteria and conditions of the respective programme.
Source: www.mdec.com.my