The Production Grant is a type of grant (Type C) under the Digital Content Grant (DCG) introduced by the Malaysia Digital Economy Corporation (MDEC). It focuses on the production stage of the project which involves the activity of creating, assembling, aggregating and generally producing or generating content. SCOPE OF PROJECTS ELIGIBLE PROJECT CATEGORIES ALLOWABLE PROJECT… Continue reading Digital Content Grant (DCG): The Production Grant
Author: Boss Boleh
Digital Content Grant (DCG): The Development Grant
The Development Grant is a type of grant (Type B) under the Digital Content Grant (DCG) introduced by the Malaysia Digital Economy Corporation (MDEC). It focuses on the development stage of the Project, where it involves idea generation, production design, market research and marketing analysis. The development stage is defined as the planning phase of the… Continue reading Digital Content Grant (DCG): The Development Grant
Digital Content Grant (DCG): The Mini Project Grant
The Mini Project Grant is a type of grant (Type A) under the Digital Content Grant (DCG) introduced by the Malaysia Digital Economy Corporation (MDEC). It focuses on the development stage of the Project, the stage where it involves idea generation, production design, market research and marketing analysis. The development stage is defined as a… Continue reading Digital Content Grant (DCG): The Mini Project Grant
Malaysia Digital Catalyst Grant (MDCG)
The Malaysia Digital Economy Corporation (MDEC) introduced the Malaysia Digital Catalyst Grant (MDCG) to empower Malaysia into a progressive, digital led economy and shaping a digital future in the tech ecosystem. WHAT IS MALAYSIA DIGITAL CATALYST GRANT (MDCG)? MDCG is designed to catalyse the use and development of disruptive and innovative sustainable solutions within Malaysia… Continue reading Malaysia Digital Catalyst Grant (MDCG)
Malaysia Digital X-Port Grant (MDXG)
The Malaysia Digital Economy Corporation (MDEC) introduced the Malaysia Digital X-Port Grant (MDXG) for businesses to expand globally. WHAT IS MALAYSIA DIGITAL X-PORT GRANT (MDXG)? MDXG is focused on supporting Malaysian technology companies that have demonstrated export readiness and are seeking to expand their global market presence. The grant aims to stimulate high-value digital exports… Continue reading Malaysia Digital X-Port Grant (MDXG)
Digital Content Grant (DCG)
The Malaysia Digital Economy Corporation (MDEC) designed and created the Digital Content Grant (DCG) in 2016 to support local creative content companies in developing, producing, and marketing their digital content in animation, digital games, digital comic, and creative technology content. OBJECTIVES OF DIGITAL CONTENT GRANT (DCG) Develop sustainable ecosystems for job creation (including female empowerment… Continue reading Digital Content Grant (DCG)
Are you also STRUGGLING with these Tax Issues?
Five Common Tax Issues Taxpayers have many questions pertaining to the numerous tax and non-tax initiatives raised over time. Among those questions, today we will take a look at the five most common ones asked by taxpayers. Are grants received taxable? Generally, taxpayers are exempted from tax in respect of income received in relation to… Continue reading Are you also STRUGGLING with these Tax Issues?
Are F&B operators required to charge Service Tax?
Service Tax: Food and Beverage Did you know? Food and beverage (F&B) operators who have reached the prescribed threshold of having a total turnover in excess of RM1,500,000 for a period of 12 months must be registered under the Service Tax Act 2018, and they must charge service tax on the provision of taxable services… Continue reading Are F&B operators required to charge Service Tax?
Is the compensation for loss of employment taxable?
Tax Treatment of Compensation for Loss of Employment Picture this scenario:You have been happily employed at ABC Sdn. Bhd. for five years. However, the company has fallen on hard times due to the pandemic. As a consequence, your boss has decided to cease operations and close down the company. You were given a sum of… Continue reading Is the compensation for loss of employment taxable?
Is foreign-source income taxable in Malaysia?
The Taxability of Foreign-Source Income Is foreign-source income (FSI) taxable in Malaysia? Malaysia adopts the territorial principle of taxation where income accruing in or derived from Malaysia or received in Malaysia from outside Malaysia shall be chargeable to tax for that year of assessment (YA) in Malaysia pursuant to Section 3 of the Income Tax… Continue reading Is foreign-source income taxable in Malaysia?