Dealing In Computer Software And Hardware Companies in Malaysia

The Malaysian government has been proactive in encouraging the growth of the country’s computer software and hardware industry. In line with this, the government has put in place a number of initiatives to support the development of this sector.

One of the initiatives is the setting up of the Multimedia Development Corporation (MDC), which is responsible for the promotion and development of the multimedia industry in Malaysia. The MDC provides a one-stop centre for the industry, and offers a range of services such as market intelligence, financing and advice on business opportunities.

The government has also introduced a number of tax incentives for companies involved in the development of computer software and hardware. These incentives include a 100% tax exemption on income derived from the export of computer software, and a 50% tax exemption on income derived from the sale of computer hardware.

The Malaysian government is also working on developing a comprehensive legal and regulatory framework for the computer software and hardware industry. This will provide greater clarity and certainty for companies operating in this sector, and will help to attract more foreign investment.

The computer software and hardware industry in Malaysia is still in its early stages of development. However, the government’s commitment to supporting the sector is expected to result in strong growth