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Other Services – Multimedia Super Corridor (MSC)

MSC Malaysia Status

The Multimedia Super Corridor (MSC) was established to accelerate the growth of the country’s digital economy. It is a special economic zone designed to support the innovative ecosystem of IT and IT-enabled industries and the growth of the country’s digital economy.

 

MIDA works with the Malaysia Digital Economy Corporation (MDEC) to drive the country towards digital adoption, digital entrepreneurship and innovation. Companies that can contribute to these nation-building goals and meet the necessary requirements are granted the MSC Malaysia Status, which offers compatible tax incentives.

 

As of December 2019, there are 2,911 active companies with the MSC Malaysia status, while revenue generated since its inception in 1996 to Q3 2019 stands at RM513.6 billion with 180,926 jobs created as of Q3 2019. (Source: MDEC)

RM513.6 bil

Revenue Generated

(as of Q3 2019)

2,911

Active MSC Status Companies

180,926

Jobs Created

(as of Q3 2019)

MSC Malaysia Promoted Activities

 

Companies that are looking to apply for MSC Malaysia status must be a provider of services that are related to any of the following:

 

 

  • Big Data Analytics (BDA)
  • Artificial Intelligence (AI)
  • Financial Technology (FinTech)
  • Internet of Things (IoT)
  • Data Centre and Cloud (technology / software / design and support)
  • Blockchain
  • Creative Media Technology
  • Sharing Economy Platform
  • User Interface and User Experience (UI / UX)
  • Integrated Circuit (IC) Design and Embedded Software
  • 3D Printing (technology / software / design and support)
  • Robotics (technology / software / design)
  • Autonomous (technology / software / design and support)
  • Systems / Network Architecture Design and Support
  • Global Business Services or Knowledge Process Outsourcing (excludes non-technical and / or low value call centre, data entry, and recruitment process out sourcing)

Source: www.mdec.com.my

Get Started

MIDA provides comprehensive support to your business as you consider the competitive and comparative advantages Malaysia has to offer for your investment. Explore our dedicated resources, wide range of facilities or consultation services to assist you in expanding your operations here.
Download the guidelines on MSC Malaysia financial incentives.
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