MPDC - Claiming SME Corporation Malaysia (SME Corp. Malaysia)

Claiming SME Corporation Malaysia
(SME Corp. Malaysia)

Malaysian Institute of Accountants (MIA) is honoured to bring to you the SME /SMI Funding by SME Corp. Malaysia to assist you in the development of human capital for the progress of your business and financial management.

SME CORPORATION MALAYSIA
SME Corp. Malaysia was established on 2nd May 1996 to serve the national focal point for overall development of Small & Medium Industries /Enterprises (SMI/SMEs) in Malaysia. The promotion and development of SMI/SMEs is to create a resilient and effective SMI/SMEs to compete in a liberalised market environment; capable of producing high value-added parts, components and finished products and services.

GUIDELINES TO SME SKILLS ENHANCEMENT PROGRAMME

Who qualifies as a SMI / SME

i.	Company / enterprise in the manufacturing (including agricultural based) and services related to manufacturing with sales value below RM25millon (Ringgit twenty-five million) perannum or total number of full time staff less than 150 people and
ii.	Company / enterprise in the service industry (includes ICT) with sales value below RM5million (Ringgit five million) per annum or total number of full time staff less than 50 people.

This programme is only to pay the training fees of full time Malaysian staff and not for foreign workers even if the company / enterprise is registered under the Companies Act 1965 or the “Business Ordinance 1956”. Contract staff must have a minimum of a contract of at least a year and should have been working more than twenty (20) working days in that company / enterprise. The company / enterprise must attach a certified true copy of the contract as a supporting document.

MIA members firms and only company / enterprise registered under the Companies Act 1965 (private limited) or under the “Business Ordinance 1956” and has a majority of 60% and or above Malaysian shareholders / Malaysian owned are qualified to receive the grant.

SME must be conducting manufacturing activities (includes agricultural based) or services related to manufacturing. Meanwhile for services activities, an SME is involved in trade allocation activities, ICT and professional management services such as accounting, legal and engineering (refer to Lampiran 1 at www.smidec.gov.my).

A big company except a public listed company qualifies for training scheme under the “Guidelines to SME Skills Enhancement Programme”.

SME under the manufacturing industry must have the Local Government License and Manufacturing License. Whereas SME in the service industry must have a Business License or an authorisation letter of exemption from the Local Authorities as proof that the company is doing a legal business or service. For MIA members firms’ the latest Annual Return will be required.

The training centre must ensure that SME that qualifies the definition of SME and produces a complete set of supporting documents will receive the grant. For this reason, a verification form which is provided by SMIDEC must be filled up by the SME before the SME attends the training. The verification form is as per Lampiran 2 (available at www.smidec.gov.my).

HOW TO APPLY THIS?

MIA will process and confirm with the following prerequisite documents:

Lampiran 2
The Lampiran 2 must be downloaded and completed by the owner(s) or director(s) of the company as requested.

This checklist is provided to assist you in preparing all the documents in accordance to your company category as stated in the Lampiran 2.

Checklist
Checklist has been divided into 2 categories:

i.	SMEs (Sole Proprietorship) / Practitioners
ii.	Company (Sdn Bhd)

Registration Form

Kindly submit all the above documents to the respective address:

-	Klang Valley Malaysian Institute of Accountants Dewan Akauntan, 2 Jalan Tun Sambanthan 3, Brickfields, 50470 Kuala Lumpur Tel : Vithyaah /Maria at 03-2279 9362/333 e-mail : mpdc@mia.org.my

-	Johor Malaysian Institute of Accountants 5.03A, 5th Floor Menara TJB, No. 9, Jalan Syed Mohd Mufti, 80000 Johor Bahru, Johor Tel : Nasheta / Hanem / Ms Chan e-mail : miajbu@mia.org.my

-	Penang Malaysian Institute of Accountants Suite 3.4, Level 3, Wisma Great Eastern, 25 Lebuh Light, 10200 Penang Tel : Sylvia Anthony e-mail : miapng@mia.org.my

-	Sabah Malaysian Institute of Accountants Lot 6, 2nd Floor, Block A, Damai Point Commercial Centre, Off Jalan Damai Luyang, 88300 Kota Kinabalu, Sabah Tel : Shirley e-mail : miakku@mia.org.my

-	Sarawak Malaysian Institute of Accountants 1st Floor, Ultimate Professional Centre, 16, Jalan Bukit Mata Kuching, 93100 Kuching, Sarawak Tel : Aileen e-mail : miakch@mia.org.my

Description	: Lampiran 2
Format	: PDF
Size	: 92KB
Right click HERE and select 'Save Target As' to download the document.

Description	: Checklist
Format	: PDF
Size	: 42KB
Right click HERE and select 'Save Target As' to download the document.

Description	: List of Approved Programmes
Format	: PDF
Size	: 42KB
Right click HERE and select 'Save Target As' to download the document.

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