Related topics: | Investment Incentives | 

Incentives for Multimedia Super Corridor (MSC)

The MSC is a 15-by-50 kilometre (9-by-30 mile) zone extending south from Malaysia's present national capital and business hub, Kuala Lumpur. The MSC is a perfect environment for companies wanting to create, distribute, and employ multimedia products and services.

 

Companies with MSC Status are entitled to operate tax free for up to 10 years or receive a 100 percent investment tax allowance, and enjoy other incentives and benefits backed by the Malaysian Government's Bill of Guarantees:-

  • Provide a world-class physical and information infrastructure;

  • Allowance unrestricted employment of knowledge workers from overseas;

  • Ensure freedom of ownership of companies;

  • Allow freedom of sourcing capital globally for MSC infrastructure and freedom of borrowing funds;

  • Provide competitive financial incentives including no income tax for up to 10 years or an Investment Tax Allowance, and no duties on the import of multimedia equipment;

  • Become a regional leader in intellectural property protection and cyberlaws;

  • Ensure no censorhip of the Internet;

  • Provide globally competitive telecommunication tariffs;

  • Tender key MSC infrastructure contracts to leading companies willing to use the MSC as their regional hub; and

  • Provide a high-powered implementation agency to act as an effective on-stop super shop to ensure the MSC meets company needs.

    •

    Malaysia's Multimedia Development Corporation (MDC) is driving this bold initiative. The MDC is a fully empowered "one-stop super shop" wholly focused on ensuring the unconditional success of the MSC and the companies operating in it. Applications for MSC Status is handled by the MDC.

     

    For more information, please refer to "Investing in Malaysia's Multimedia Super-Corridor: Policies, Incentives and Facilities".


    I want a Biz PA                                                 FreeAdvice

    Please contact Alvin For Advertising & Sponsorship Information

    FINMART FreeAdvice® is the leading business advisory site for business people doing business in Malaysia. It provides advice relating to most common business problems and to help business people to understand the way how business should be properly conducted, but is not a substitute for personal business advice from the respective professional and experts. You are welcome to view FINMART FreeAdvice® for your own personal, non-commercial purposes, and subject to our legal disclaimer and conditions of use.

    ©2000 FINMART. All rights reserved. Legal Disclaimer