FAQ's
FAQ's
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| Select a topic from the list below to quickly navigate through our frequently asked questions. |
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| About MSC Malaysia |
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| Q. |
| What is Wizard and what do I need to do in Wizard? |
| Wizard is an online submission system for the MSC Malaysia Status application and via Wizard, applicants are required to submit 3/5 years business and financial plan. |
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| Q. |
| Are Enterprise entities allowed to apply for the MSC Malaysia Status? |
| No. Applicants must be incorporated as 'Sdn Bhd'. |
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| Q. |
| How do I know whether my application has been approved or else? |
| An email notification will be sent to the key contact personnel. |
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| What is the application processing time from formal application to presentation to the Approval Committee stage? |
| The application processing time from formal application to presentation to the Approval Committee is within 30 days |
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| Q. |
| My company is applying for MSC Malaysia Status. Can my company undertake several activities under different clusters as well? |
| Yes. Companies are allowed to undertake several activities under different clusters. |
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| Q. |
| What is the percentage of Knowledge Workers (KW) required for a MSC company and is there any restriction on numbers of Foreign Knowledge Workers to be employed? |
| Percentage of Knowledge Workers (KW) required for a MSC Malaysia Status Company is at 15% and there's no restriction on numbers of Foreign Knowledge Workers. |
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| Why should MSC Status companies relocate to the MSC Malaysia designated Cybercenter/Cybercities? |
| MSC Malaysia Status companies are required to relocate the MSC Malaysia designated Cybercenter/Cybercities to enjoy benefits and advantages offered by MSC Malaysia. |
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| Q. |
| What are the documents required for the application submission? |
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1. 3 copies of business plan (hardcopy) |
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2. Application form |
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3. ROC - form 9, 24, 49 and 13/32A (if any) documents |
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4. 3 years audited report of substantial stakeholders of the company |
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5. A non-refundable processing fee of RM2,000 payable to Multimedia Development Corporation Sdn Bhd |
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| If I am a new company, will I need the 3 years audited report? |
| No. |
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| Is there processing fees required for the application? |
| Yes. A non-refundable processing fees of RM2,000 will be imposed. |
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| Q. |
| Once a company has been approved for MSC Malaysia Status, what's next? |
| The company will be receiving MSC Malaysia Status Approval Letter and MSC Malaysia Status Certificate. |
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MSC Malaysia Grants
Helping you give your business a boost. Find out more about MSC Malaysia's grant schemes.
Other MSC Malaysia sites
