Types of Malaysia Industries License



An industrial license is a license issued by an industry regulator and is ready to regulate the company's core business. The parties of the people who intend to establish a Malaysian limited liability company (SNNBD) must know the various types of Malaysian licenses that will implement and enable their business activities.

100% of foreign-owned enterprises are often not allowed for most businesses without local men: Participation (as shareholders and directors) This is strictly for obtaining an industrial license for the local Malaysian company Sdn Bhd, compared with Labuan, Snn Bhd company from Malaysia is primarily focused on the local Malaysian market.

Therefore, the Malaysian government requires a permit instead of local policies to protect the interests of a single business or production business, at least RM. The few industrial capital for which industry is defined is an exception to the qualification of a medical license for information technology, biotechnology and 100% foreign ownership.

In addition to an industrial license, foreigners will have to apply for local licenses for business licenses of other types of Malaysia. The application for the granting of a license for industry and the City Council and the application procedure are also applied to 100% of local male owners.

In addition to a work permit, foreigners will have to apply for business licenses from other local city councils in Malaysia. Licensing requirements for industry and city councils and the application process are applied to 100% of local equity firms.

The approval terms for the above licenses may be subject to the management and / or participation of local ownership in a shareholder or local paid-up capital. The most common industrial requirements for foreigners - wholesale, retail, WTR license in Malaysia. This license is valid by a non-resident company (100% foreign ownership) for participation in licensed retail, franchise, restaurant, trade, import, export and consulting. The approval of the WRT license is applicable only to different types of business.