MSC Compliance Tier 2

Bill of Guarantee (BoGs)
MSC Malaysia Bill of Guarantees (BoGs) is the grant of MSC Malaysia Status entitles qualified entities 1 to a set of incentives, rights and privileges from the Government of Malaysia (Government). The Bill of Guarantees reflects the Government’s intention to provide an environment in MSC Malaysia that is conducive to the development of MSC Malaysia Status entities. The incentives, rights and privileges granted pursuant to the Bill of Guarantees are subject to requirements under relevant laws and regulations.

Benefits of MSC Compliance Tier 2

BoG 1: To provide a world-class physical and information infrastructure.

BoG 2: To allow unrestricted employment of local and foreign knowledge workers.

BoG 3: To ensure freedom of ownership by exempting companies with MSC Malaysia Status from local ownership requirements.

BoG 4: To give the freedom to source capital globally for MSC Malaysia infrastructure, and the right to borrow funds globally.

BoG 5: To provide competitive financial incentives, including Pioneer Status (100 percent tax exemption) for up to ten years or an Investment Tax Allowance for up to five years and no duties on the importation of multimedia equipment.

BoG 6: To become a regional leader in Intellectual Property Protection and Cyberlaws.

BoG 7: To ensure no censorship of the Internet.

BoG 8: To provide globally competitive telecommunications tariffs.

BoG 9: To tender key MSC Malaysia infrastructure contracts to
leading companies willing to use MSC Malaysia as their regional hub.

BoG 10: To provide a high-powered implementation agency to act as an effective one-stop super shop.