Malaysia Digital Status (MD Status) is granted by the Malaysia Digital Economy Corporation (MDEC) to eligible companies engaged in designated digital technology activities. Companies granted MD Status may enjoy a range of incentives and facilitation under the Malaysia Digital initiative, including tax incentives and quotas for foreign knowledge workers.
Explore
The Malaysia Digital (MD) New Investment Incentive is available to MD Status companies undertaking new digital activities in Malaysia for the first time. Eligible companies may choose between two incentive options: a reduced tax rate for up to 10 years, with a rate of 10% on non-intellectual property (IP) income, potentially reduced to 5% subject to additional conditions, and 0% on qualifying IP income; or an Investment Tax Allowance (ITA) for five years at 60% or 100% of qualifying capital expenditure. Applications are open from 19 April 2024 to 31 December 2027.
Explore
The Malaysia Digital (MD) Expansion Incentive is available to MD Status or MSC Malaysia Status companies that have been in operation for at least 36 months and are undertaking new digital activities in Malaysia. Eligible companies may choose between two incentive options: a reduced tax rate of 15% for five consecutive years, or an Investment Tax Allowance (ITA) for five years at 30% or 60% of qualifying capital expenditure. Applications are open from 19 April 2024 to 31 December 2027.
Explore