Bill Of Guarantees (BOGs)
The grant of MSC Malaysia Status entitles qualified entities to a set of incentives, rights and privileges from the Government of Malaysia (Government), namely the MSC Malaysia Bill of Guarantees (BoGs). The BoGs 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 BoGs are subject to requirements under relevant laws and regulations.
While the Government will reasonably exercise all authority and power towards providing the relevant incentives, rights and privileges under the BoGs, the actual provision will be dependent upon a range of factors and parties (both public and private), and can be affected by circumstances that are not within the control of the Government.
MSC Malaysia Status entitles qualified entities enjoy different type of benefits from BoGs as shown below:
MSC Malaysia Package
MSC Malaysia Status companies are qualified to a set of incentives, rights and privilege and are subjected to requirements by MSC Malaysia. The qualified entities enjoy different type of benefits and requirements shown below: