I want to do importing business, do I need license?
Hi Lai,
The requirement for a business license is mostly dependent on the business activities. You may want to reach out to us on WhatsApp to share more about the business/ industry that you'd like to venture into.
Would like to know whether the below circumstances require to apply business license from the local authority - regardless is Sole Proprietorship or Private Limited Company type.
Principal place of business as below:
- Soho
- Residential Condominium Unit
Thank you.
There are many like minded individuals who have intention to set up importing businesses in Malaysia and it is actually not as hard as it seems!
Firstly, you will need to incorporate your company. If applicable, you would need to apply your import permit with the relevant Government Agency such as Ministry of International Trade and Industry (MITI).
After the permit is approved, you will need to apply for Import License For Products Under Customs Orders. This is to allow you to import your goods to Malaysia.
Once done, you can proceed with your importing goods with your preferred freight forwarders.
Alternatively, we advise you to find a reliable freight forwards who may already have the required license to perform import and export activities. In this case, you do not need to go through the procedure of license application but only focus on your business operations!
If you are looking for assistance in setting up your business and license application process, Paul Hype Page would be glad to facilitate and ensure a smooth process for your business set up! Here are some information regarding Malaysia license for your reference https://www.paulhypepage.my/how-to-obtain-a-business-license-in-malaysia/