The expansion of the PSMB Act 2021 was mandated by the Government of Malaysia in its 11th Malaysia Plan (11MP) under Strategic Thrust 5 – Focus Area C: Strengthening Lifelong Learning for Skills Enhancements. This entails the expansion of access to HRD Corp’s funds, programmes and services to all industries.
The 11MP has identified high-quality human capital as the necessary element to propel the country’s future economic development. Therefore, it has set the target of ensuring that 35% of the Malaysian workforce will comprise skilled workers.
Employers of the new sectors are given an exemption of HRD levy for three (3) months under Pembangunan Sumber Manusia Berhad Act 2001 from 1 March to 31 May 2021. The registration of HRD Corp employers under the new industries takes effect from 1 March 2021.
a. Employers with ten or more employees
a. Employer for industry specified in column (2) of Part 1 of the First Schedule with five to nine employees.
1. Certificate of Incorporation / registration of companies/ partnership/ enterprise/ association and others
2. Documents for no. of employees
3. Documents for employers activities
Form 9/business license/Form 8/Section 14 Super form and other registration certificate.
EPF statement / SOCSO statement
|NO.||TYPE OF DOCUMENTS||EXAMPLE|
|1||Certificate of Incorporation / registration of companies/ partnership/ enterprise/ association and others||Form 9/business license/Form 8/Section 14 Super form and other registration certificate.|
|2||Documents for no. of employees||EPF statement / SOCSO statement|
|3||Documents for employers activities||Company profile/annual report or other documents showing employers activities.|