MSC Status

Adrenalin
Internet Systems MSC Sdn. Bhd. belongs to a select group of companies
in Malaysia, namely those companies that have obtained the prestigious MSC status.
MSC status is granted
under certain conditions by the Malaysian Government to those companies
that typically are at the forefront of ICT research, development and
usage.
The MSC or Multimedia Super Corridor
itself is a dedicated 15 X 50 km Corridor, stretching from the Petronas
Twin Towers in the north to the Kuala Lumpur International Airport in
the south; and encompasses Cyberjaya (the Technology Core) and
Putrajaya (the new administrative capital of Malaysia).
An MSC status company is eligible to certain financial and non-financial incentives. Among others:
-
Guided by the Malaysia's
Promotion of Investment Act (PIA) 1986, amended 1997, MSC Status
companies, institution or faculties may enjoy the following financial
incentives: Pioneer Status -100% exemption from taxable statutory
income. This incentive is granted for a period of 5 years for the first
round. -
A 100-percent Investment Tax Allowance (ITA).
-
Intellectual property
protection and a pioneering and comprehensive framework of cyberlaws
can be enjoyed by MSC-status companies irrespective of location.
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Excellent R&D facilities, including the region's first Multimedia University if companies are located within the MSC.
Adrenalin Internet Systems MSC
Sdn. Bhd. has been granted MSC status in December 2002, based on our
extensive research and development in the area of H.323 based VoIP
applications. Currently, we are hard at work to mate the fruits of this
labor with another exciting field: biometrics.
If you want to know more about the MSC in general and MSC status in particular, we encourage you to visit www.mdec.com.my, the website of the Multimedia Development Corporation, which is the all-encompassing regulatory body for the MSC. |