National Structured Internship Programme (MySIP)
For providing quality internships
National Structured Internship Programme (MySIP)
The National Structured Internship Programme (MySIP) is developed to encourage companies to provide meaningful practical learning experiences through approved structured internship modules for students.
As an employer who hires Malaysian full-time student from local IPTA or IPTS including higher learning institutions abroad and TVET institutions to undergo a structured internship programme endorsed by us, you will be eligible for double tax deduction incentive for related expenses incurred on the interns throughout the programme.
What are the requirements to be MySIP company?
- Offering minimum of 10 weeks period of internship to a Malaysian Citizen.
- Pays a minimum of RM600.00 monthly or more for interns pursuing Master’s degree, Bachelor’s degree, Malaysian Advanced Skills Diploma (DLKM), Professional Certificate or equivalent.
- Pays a minimum of RM500.00 monthly or more for interns pursuing Diploma, Malaysian Skills Diploma (DKM), Malaysian Skills Certificate (SKM) Level 1 to Level 3, Certificate or equivalent.
- Provide a structured internship programme that includes practical experience and emphasises the development of specific knowledge or skills for students by declaring the internship module and job descriptions that have been approved by TalentCorp.
- Business entities in all economic sectors that are registered either with SSM, relevant business registration bodies or local authorities (Sabah & Sarawak) and statutory bodies (for professional service providers)
- Register and apply for MySIP approval and complete the endorsement process with TalentCorp on MyNext.
For more information on the MySIP or to get in touch with the team, you can write to: sip@talentcorp.com.my
A company is allowed to declare MySIP internship with two options.
Option 1 – MyNext Advertised Internship
Company to post internship offers via MyNext for interns to apply to the advertised internship posting.
- Company Signs Up on MyNext Platform
- MyNext Verifies Company's Eligibility Including MySIP Criteria
- Company Receives Approval
- Company Starts Posting & Receives Applications
- Reject / Hires Applicants
- Internship Begins
- Talent Submits Survey (Intern Evaluation Form)
- Company Submits Survey (Employer Evaluation Form)
- TalentCorp Verifies Internship Details
- TalentCorp Issues LOE
Option 2 – MyNext Direct Hiring Internship
Company may have interns recruited by their own outside of mynext but to declare the internship programme under MySIP.
- Company Signs Up on MyNext Platform
- MyNext Verifies Company's Validation Including MySIP Criteria
- Company Receives Approval
- Company Completes the Internship Module
- Company Completes Internship Type Details by Number of Placements Offered
- Upload Interns' Details (Single/Bulk) (Completed Internship: backdated declaration within same assessment year) (On-going Internship: current/future internship within same assessment year)
- Talent Submits Survey (Intern Evaluation Form)
- Company Submits Survey (Employer Evaluation Form)
- TalentCorp Verifies Internship Details
- TalentCorp Issues LOE
Upon completion of internship programme, company can claim for double tax deduction for both Options.
Highlights
Be a MySIP Company! Register Here.
company.mynext.my or email us at: sip@talentcorp.com.my
FREQUENTLY ASKED QUESTIONS – FOR EMPLOYERS & PARTNERS
How to register your company?
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Register your account at company.mynext.my
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Fill up and complete MySIP eligibility check and internship module.
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Submit your interns through MySIP Direct Hiring OR advertise internship vacancy in your company through MySIP Advertised
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Fill up evaluation survey form for both Employer and Intern
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Submit Letter of Endorsement (LOE) application and receive the LOE by Q1 2026.
Contact us at sip@talentcorp.com.my for further enquiries and we are ready to assist you.
What are the requirements to be MySIP company?
- Offering minimum of 10 weeks period of internship to a Malaysian Citizen.
- Pays a minimum of RM600.00 monthly or more for interns pursuing Master’s degree, Bachelor’s degree, Malaysian Advanced Skills Diploma (DLKM), Professional Certificate or equivalent.
- Pays a minimum of RM500.00 monthly or more for interns pursuing Diploma, Malaysian Skills Diploma (DKM), Malaysian Skills Certificate (SKM) Level 1 to Level 3, Certificate or equivalent.
- Provide a structured internship programme that includes practical experience and emphasises the development of specific knowledge or skills for students by declaring the internship module and job descriptions that have been approved by TalentCorp.
- Business entities in all economics sectors that are registered either with SSM, relevant business registration bodies or local authorities (Sabah & Sarawak) and statutory bodies (for professional service providers)
- Register and apply for MySIP approval and complete the endorsement process with TalentCorp in MyNext.
Is there any charges to apply for MySIP company?
TalentCorp is given a mandate to facilitate MySIP company registration and endorsement based on the gazette received from the Ministry of Finance. As such, there are no charges to apply to be a MySIP company.
What are the benefits of MySIP?
MySIP companies will receive the following benefits:
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Double Tax Deduction Incentive for Employers – Companies can receivefinancial incentives for each eligible Malaysian intern they host.
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Access to Young Talent – Employers gain early access to potential futurehires, allowing them to train and evaluate candidates before offering full-timeroles.
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Enhanced Internship Quality – Encourages employers to design structured,outcome-focused internships that benefit both interns and companies.
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Stronger Industry–Education Links – Promotes collaboration betweencompanies and universities/colleges to align academic learning with industryneeds.
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Support for National Talent Development – Contributes to building a skilledand competitive Malaysian workforce in line with the nation’s talent agenda.