FAQ's
FAQ's
|
|
|
|
|
| Select a topic from the list below to quickly navigate through our frequently asked questions. |
|
|
|
|
|
|
|
|
|
| Finance |
 |
|
|
| Q. |
| Are MSC Malaysia companies exempted from registering with MOF when they bid for tenders? |
| No, they have to register with MOF. However, they do receive some priority when bidding for tenders. |
|
|
|
| Q. |
| Does MDeC need an official audited report? How many years of audited report do you need? |
| Yes, MDeC needs a copy of your company's audited report. The number of reports to be submitted depends on how often the company produces it (annually, etc). |
|
|
|
| Q. |
| After MSC Malaysia status is awarded to a company, when does the company begin to enjoy the tax exemption? |
There are two case scenarios in this matter :
- If your company has generated its first sales invoice before it receives MSC Malaysia status, Pioneer Status will begin with immediate effect.
- If your company has received MSC Malaysia status, but has not generated sales as of the date it receives MSC Malaysia status, Pioneer Status will begin effective from the date of your first sales invoice.
Operations Unit of Client Services Department sends approved MSC Malaysia companies a pink-coloured form to be filled and submitted. MSC Malaysia companies may also contact Mr. Yong Chi Kin at 03-8315 3178 or via email: clic@mdec.com.my |
|
|
|
| Q. |
| What other documents do I submit to my accountant for proof when I submit the year-end account? |
| There are no other documents for you to hand over to your accountant. |
|
|
|
| Q. |
| What other documents do I submit to my accountant for proof when I submit the year-end account? |
| There are no other documents for you to hand over to your accountant. |
|
|
|
| Q. |
| Kindly advise on the details on tax exemption and the qualifying capital expenditure for an MSC Malaysia status company. |
MSC Malaysia status companies may opt for either :
1. Pioneer Status (PS), OR
2. Investment Tax Allowance (ITA)
The qualifying capital expenditures are:
3. Hardware and software
4. Purchasing and / or renovation of building / office
5. Expenditure for greenery in Cyberjaya - plants and machinery |
|
|
|
|
|
|
|
|
|
Back to Top |
|
|
|
|
|
|
|
|
|
|
|
MSC Malaysia Grants
Helping you give your business a boost. Find out more about MSC Malaysia's grant schemes.
Other MSC Malaysia sites
