Management Services Companies in Malaysia

A management services company (MSC) in Malaysia is a company that provides professional management services to businesses and organizations. These services can include financial and accounting services, human resources management, marketing and advertising services, and information technology services.

MSCs are often used by businesses and organizations that do not have the internal resources or expertise to adequately manage these functions themselves. By outsourcing these functions to an MSC, businesses and organizations can focus on their core competencies and save time and money.

MSCs are regulated by the Malaysian Communications and Multimedia Commission (MCMC) and must adhere to strict guidelines. MSCs that are found to be in violation of these guidelines can be subject to heavy fines and even have their operating licenses revoked.

The Malaysian government has been encouraging the use of MSCs in an effort to boost the country’s economy. The government offers tax incentives and other financial assistance to businesses that use MSCs, and has also established a dedicated MSC Fund to help MSCs get started.

As of 2016, there were over 1,200 MSCs operating in Malaysia, employing over 100,000 people. The MSC industry is expected to continue to grow in the coming years, as more businesses and organizations look to outsource their management functions.