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Home » Business Licence for Malaysia Sdn Bhd Company

Business License for Malaysia Sdn Bhd Company

Before a business can legally start operating in Malaysia, all businesses are required to have some of form of business licenses to operate and comply with.

Within the Business license for Malaysia Sdn Bhd Company guide, the Company license is the basic requirements by the legislation and administered by various government agencies, statutory bodies and local authorities to accept your applications include registrations, approvals, and other licenses and permits if applicable.

The compliance requirements vary by industry, business activity, and states governments depends on your business operation location.

[Read: Various Types of Business Entities for Malaysia Sdn Bhd Company]

There are three (3) major categories for Business licenses for Malaysia Sdn Bhd Company as follows:

Company License for Malaysia Sdn Bhd Company

Eight (8) basic company licenses required and shall be applicable once the entrepreneur set up the Sdn Bhd company in Malaysia, namely:

Basic company licences required  
Company Registration License Company Commission of Malaysia (CCM)
Company Tax Registration Inland Revenue Board (IRB)
Employer Income Tax Registration Inland Revenue Board (IRB)
Employees Provident Fund Employee Provident Fund
Social Security Organisation Perkeso
Business Premise Licenses Local Town Council
Signboard Licenses Local Town Council
Human Resources Development Human Resources Board

The conditions to apply the above may vary from state to state depends on your business operations location in Malaysia.

Industry License for Malaysia Sdn Bhd Company

The Industry licenses are licenses unique to a particular industry or sector which your Sdn Bhd Company operates in as the main business nature. These Industry licenses are regulated by the various Governmental departments and may restrict foreign participation in certain industries or sectors in line with the economic development policy of Malaysia and protect the interest of the Malaysia citizens.

Some industries have been fully liberalized for foreigners to have 100% foreign ownership.

Examples of Industry licenses are:

Industry Regulated Bodies
Manufacturing MIDA
Telecommunication Sector Malaysian Communications and Multimedia Commission (MCMC)
Wholesale, Retail Trade Ministry of Domestic Trade, Co-operatives and Consumerism (MDTCC)
Publication Home Ministry Affair
Broadcasting Sector Malaysian Communications and Multimedia Commission (MCMC)
Construction Construction Industry Development Board (CIDB)
Tourism and Travel Tourism Malaysia Board
Banking Sector Malaysia Central Bank

Activity License for Malaysia Sdn Bhd Company

Activity licenses are licenses that regulate activities of Sdn Bhd Company that required to comply when hit a certain threshold, in addition to the requirements to your Industry License and immigration matters.

These Activity Licenses are designed to protect and promote the interest of the Malaysians employment, the safety of workers, environment and the general public. It could be applicable to one or more Industries or Sectors depends on your nature of business.

Examples of Activity Licenses are:

  •  Goods, Services Tax – GST (for sales revenue that hit RM500,000 in a calendar)
  • Certificate of Fitness for Certified Machinery
  • Building Plan Approval
  • Fire Brigade Approval
  • Expatriate Work Permits
  • Import License (required for special products)
  • Export License (required for regulated products)


Feel free to send us your enquiry to contact@malaysiabizadvisory.com or fill in below form if you keen to start up a business in Malaysia, we will advise the best fit for you to minimise your risk! 

Business Licence for Malaysia Sdn Bhd Company






    Name

    Email

    Nationality

    Product/Services You Intend to Sell

    Target Market
    Malaysia OnlyWorldwide

    Capital Amount

    Company Structure (present or intended)
    100% Foreign-OwnedJoint-Venture with Malaysian

    Do You Intend to Set Up Physical Office/Shop in Malaysia?
    YesNo

    Do You or Your company Require Expatriate Visas?
    YesNo

    Other Info You Need Us To Know or Make Appointment To Meet Us!

    Contact Number in Malaysia

     

    Malaysia For Your Business

    Invest Malaysia

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      • Guide to Get Started a Business in Malaysia As a Foreigner
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      • Type of Businesses not Permitted for Foreigners in Malaysia
      • Types of Industries not Permitted for Foreigners in Malaysia
      • Various Business Entities in Malaysia for Foreigners
      • Malaysia New Company Act 2016
      • Incorporating Malaysian Sdn Bhd Company for Foreigners
      • FAQ on Registration of Malaysian Company by Foreigners
      • Major Problems Faced by Foreigners Setting Up Malaysia Company
      • Complete Business Licences for Malaysia Sdn Bhd Company
      • Types of Malaysia Industry Licenses for Foreigners
      • Wholesale Retail Trade WRT License in Malaysia
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      • Setting up a Representative/Regional Office in Malaysia
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    • Difference Between Labuan International Company and Malaysia Sdn Bhd
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