ACT Parliament Act: Malaysia External Trade Development Corporation Act 1992 OPERATIONAL Since March 1993 ROLE The National Trade Promotion Agency under the Ministry of International Trade and Industry (MITI)
Continuity of the financial assistance provided under the 9th Malaysia Plan and Economic Stimulus Package, namely, Market Development Grant (MDG), Brand promotion Grant (BPG) and Services Export Fund (SEF).
All these grants are consolidated for SMEs which targeted the manufacturing, trading, services sector including agriculture.
Private Limited Company (Malaysia Companies Act 1965)
Sole proprietors and Partnership companies (ROB)
Trade and Industry Association and Chambers of Commerce (ROS)
BUSINESS SECTOR Manufacturing, Agriculture, Trading, Firms & Services providers (except financial, tourism and property development in Malaysia) OBJECTIVE Assist SMEs to undertake activities for the development and promotion of export activities FORM OF GRANT 50% reimbursable fund CEILING DISBURSEMENT AMOUNT RM 30,000 one company / association / firm per year NO. OF ELIGIBLE ACTIVITY 5 activities (SMEs, Firms and Services providers (except financial, tourism and property development in Malaysia) 2 activities (Trade related associations) SUBMISSION OF CLAIMS Within 2 months after activity
Manufacturing & agricultural Having an annual sales turnover not exceeding RM 25 million OR Fulltime employees not more than 150 Trading (export Malaysia product)& service company Having annual sales not exceeding RM 5 million OR Fulltime employees not more than 50 Sole proprietors & Partnerships (Firms) Must be registered with respective professional bodies (service providers)
Incorporated under company Act 1965 (Private Limited Company)
At least 60% of company equity is held by Malaysian
Trade and Industry Associations and Chambers of Commerce
Activity Type of Expenses Int. Trade Fair Int. Trade Event For Fashion Designers Trade Investment Mission (TIM) & Specialised Marketing Mission (SMM) Industry related Int. Conferences Overseas MEEC Participation fee √ √ √ √ √ Airfare Economy class for 2 person √ √ √ √ Accommodation 2 hotel rooms (max. RM 1,000 per night per room) (* max RM200 per night per room if locally) √ * √ * √ √ Booth Rental (max 18 sq m) √ Runway show & modeling services Advertisement Show Directory (if local max. RM1,000) √
Activity Type of Expenses Participation Organizing Int. Trade Fair TIM & SMM Int. Trade Fair TIM & SMM Participation fee √ √ Airfare Economy class for 2 person √ √ √ √ Accommodation 2 hotel rooms (max. RM 1,000 per night per room) (* max RM200 per night per room if locally) √ * √ √ √ Booth Rental (max 18 sq m) √ Advertisement Show Directory (if local max. RM1,000) √
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