Business License Malaysia Fee

As a foreigner you can register a company or business in malaysia with 100 foreign ownership.

Business license malaysia fee. Ssm which came into operation on 16 april 2002 is a statutory body formed as a result of a merger between the registrar of companies roc and the registrar of businesses rob in malaysia. To view the list of all applicable license fees please click here for schedule 1 schedule 2. This page is also available in. Rm20 branch s rm5 per year for each branch.

The business licenses in malaysia which one is required to obtain depend on the industry and the type of business activities involved. Application fee rm10 000 00 non refundable approval fee rm50 000 00. Ranked in terms of starting a business dealing with construction permits securing electricity registering property trading across. 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 following table lists the available licenses offered by the malaysian government. Fee s new registration. Shopping complex license this license is to get permission to do business in shopping complex and commercial complex processing fee rm50 00 must be paid within 14 days from the date application submitted failure to paid processing fee within 14 days will cause application rejected. In the world bank s doing business 2019 report malaysia has bagged the 15 th spot a nine step leap compared to last year.

Business license application in malaysia package fee for business license application. Annual fee 0 5 of gross annual turnover or rm50 000 whichever is higher. From rm6 000 the fee quoted above are excluded actual out of pocket expenses such as government fee and etc. Written by imoney editorial.

So to complete the registration process you must choose a specific industry that is dedicated by the government of malaysia. For an individual license the applicable license fees are as follows. Fee rm subjected to 6 service tax. Trade name rm60 per year personal name rm30 per year branch s rm5 per year for each branch.

Before a business can legally start operating businesses are required to comply with some form of licensing which could be a general licence an industry sector specific licence or activity specific licence. License type license details. For incorporating a business in malaysia it is required to have some form of license. Melayu malay 简体中文 chinese simplified business licences in malaysia.