Business Licensing in Malaysia – General Information That You Must Know

It must have a valid business license to start a business in Malaysia. This includes licenses, registrations, permissions and approvals. Business permits can be applied from Pihak Berkuasa Melesen (Pbm), which deals with locations and business activities.

Before starting legal business before business, companies must comply with certain types of licenses, which may be a general license, a special industry or region license, or an activity license. Operating licenses are prescribed by law and are organized by various government agencies, statutory bodies and local government.

Business licenses include registration, approval, licensing, and license. Requirements for alignment vary from industry to activity and place. Business licenses can be divided into 3 different groups for concluding, such as:

General license
Special license for the industry sector
Specific activity license

General Licenses

General licenses are those licenses that are required when the investor decides to start trading in Malaysia. A general list of licenses that can be applied to any business, including:

Company registration
Company registration and employee income tax
Employee Insurance Fund
Social Security Organization
Human Resources Development Fund
Business License

For business in Malaysia, it is necessary to apply for commercial licenses and stebox licenses. The application requirements may vary according to each local authority.

Area/industry license

Special licenses for the sector/industry There are unique licenses for a particular industry and a sector designated by the government. This includes key policies that govern the development of specific industries or areas that are in line with the country's development policy. Examples of examples from the sector/industry are:

License for the manufacturing sector.
Licenses for Retail Trade or wholesale business.

Activity-Specific Licenses

Business-specific licenses are those licenses that regulate a specific activity and can be applied to one or more industries or areas. In this category of licenses, the investor should prepare specific guidelines for the protection of citizens, employment, employee protection, ecological and general public interest. Examples of active licenses are:

Certificate of Competence for Certified Machines
Approval for migrant sites
Approval for the establishment/recyclingodification of air pollution control equipment (bag filter and chimney)
Approval of the construction plan
Sales tax license

The information provided is a general guide to initiatives, business plans and plans for business ventures driven by potential investors and business owners.