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MSC Status has been acquired

2017/01/27

The Multimedia Super Corridor (MSC) is the Malaysian government providing a place for creating, distributing and using multimedia products and services as a base for IT development in Asia.

Companies that have been certified by the Malaysian government through the Multimedia Development Corporation (MDeC) and obtained status of MSC status can receive a series of incentives.
  1. Pioneer status is granted and tax relief measures are available for 100% of statutory income over 10 years. Alternatively, 100% of ITA is allowed for qualified capital expenditure incurred within 5 years, and the company can offset 100% of statutory income for each payment year with this deduction.
  2. 100% ownership possession of foreign capitals
  3. Employment of foreign intellectual laborers as required (approved by workplace and work visa)
  4. Exemption of import tariffs on multimedia related equipment
  5. R & D grants accepted For MSC companies whose Malaysian capital occupies majority

In January 2017, we acquired MSC status. With this Malaysian government's support as a foothold, we will secure excellent talent both inside and outside of Malaysia, and will further strengthen RCMS services and promote global expansion.