Q : What is Wizard what I need to do in Wizard?
A : Wizard is an online submission system for the MSC Malaysia Status application and via Wizard, applicant is required to submit 3/5 years business and financial plan.
Q : Does Enterprise entity allowed to apply for the MSC Malaysia Status?
A : No. Applicant must be incorporated as 'Sdn Bhd'.
Q : How do I know my whether my application has been approved or else?
A : An email notification will be sent to the key contact personnel.
Q : What is the application processing time from formal application to presentation to the Approval Committee stage?
A : The application processing time from formal application to presentation to the Approval Committee is within 30 days
Q : My company is applying for MSC Malaysia Status. Can my company undertake several activities under different clusters as well?
A : Yes. Company is allowed to undertake several activities under different clusters.
Q : What is the percentage of Knowledge Workers (KW) required for an MSC company and is ther any restriction on numbers of Foreign Knowledge Workers to be employed?
A : Percentage of Knowledge Workers (KW) required for an MSC Malaysia Status Company is at 15% and there's no restriction on numbers of Foreign Knowledge Workers.
Q : Why should MSC Status companies relocate to the MSC Malaysia designated Cybercenter/Cybercities?
A : MSC Malaysia Status companies is required to relocate the MSC Malaysia designated Cybercenter/Cybercities to enjoy benefits and advantages offered by MSC Malaysia.
Q : What are the documents required for the application submission?
A :
- 3 copies of business plan (hardcopy)
- Application form
- ROC - form 9, 24, 49 and 13/32A (if any) documents
- 3 years audited report of substantial stakeholders of the company
- A non-refundable processing fee of RM2,000 payable to Multimedia Development Corporation Sdn Bhd
Q : If I am a new company, will I need the 3 years audited report?
A : No.
Q : Is there processing fees required for the application?
A : Yes. A non-refundable processing fees of RM2,000 will be imposed.
Q : Once a company has been approved for MSC Malaysia Status, what's next?
A : The company will be receiving MSC Malaysia Status Approval Letter and MSC Malaysia Status Certificate. |
