The favourable provisions for digital adoption set out in the 2020 Budget
denotes the government is actively encouraging more local businesses to move rapidly into the technology sphere.
The Government will provide a 50% matching grant of up to RM5,000 per company for the subscription of the above services. This matching grant will be worth RM500 million over 5 years, limited to the first 100,000 SMEs applying to digitalise their business operation..
The Government has identified 7 Key Digitalisation Areas that should be adopted by SMEs.
DIGITAL MARKETING &/SALES
ELECTRONIC POINT OF SALES (e-POS) SYSTEM
HR PAYROLL SYSTEM/CRM
PROCUREMENT
ECOMMERCE
REMOTE WORKING
ERP/ACCOUNTING & TAX