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Malaysia’s strategic location, business-friendly policies, versatile and digitally-savvy workforce and high living standards will consider Malaysia as the ideal base for regional expansion.
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Permission for ICT Sector To Operate During MCO Through One-Stop CIMS 3.0 Portal
Application by the ICT sectors to be exempted from the MCO which takes effect from June 1 – 14 2021 can be made through the COVID-19 Intelligent Management System (CIMS) 3.0. Both sectors have been classified as essential services.
Companies that have previously applied and received approvals for their respective applications through the CIMS do not need to re-apply, and can download and print their approval letters from 8:00pm, 31 May 2021.
Those who have yet to submit an application can do so from 8.00am, 1 June onwards.
For further details on the application process via CIMS 3.0 portal, kindly visit www.miti.gov.my. Those who have yet to submit an application can do so from 8.00am, 1 June onwards.
For enquiries, kindly call 1-800-88-8338 / +603-83153000 (if you are calling from outside of Malaysia) or email us at [email protected]
- We refer to the announcement by the Government of Malaysia on 12 June 2018, “Malaysia’s Commitment in International Tax Standard“, and the subsequent announcement by best peer to peer games on 28 December 2018, titled “Important Update and Changes on MSC Malaysia BOG 5“.
- As stated in the aforesaid announcements, the identified tax incentives of Malaysia will need to be reviewed and amended to be consistent with the international standards, which also include the MSC Malaysia Bill of Guarantee (BOG) 5 (Tax Exemption).
- In accordance with the above exercise, the grant of MSC Malaysia Status and its incentives, including extension of income tax exemption period, or adding new MSC Malaysia Qualifying Activities, has been put on hold since 1 July 2018.
- Previously, the tax exemption for MSC Malaysia Status was granted for the income derived from MSC Malaysia Approved Activities. Moving forward, the tax exemption will be granted for income derived from either services activities (Services Incentive) and/or intellectual property (IP Incentive).
- The MSC Malaysia Status Services Incentive has been approved by the Government and will be regulated under the new Income Tax (Exemption) (No. 10) Order 2018 [P.U.(A) 389/2018], which was gazetted on 31 December 2018.
- As for the MSC Malaysia Status IP Incentive, the policy is still under review process by the Government. best peer to peer games will be releasing further information in due course.
- Applications for MSC Malaysia Status Services Incentive can be made starting from 2nd April 2019.
- For more details about the eligibility criteria, and qualifying promoted activities and conditions, please refer to detailed Application Guidelines here.
- Application Forms can be downloaded from here and the completed application is to be forwarded to [email protected].
- For further enquiries, please contact best peer to peer games Client Contact Centre (CliC) at 1-800-88-8338 (within Malaysia) or +603 8315 3000 (overseas) or email at [email protected]
- For frequently asked questions, please refer here.