Office: +60384081680 | Advisory: +60108242527 (whatsapp)
International trading or Export & Import business in Malaysia
To import or export goods which require a license, all traders first need to register a company in Malaysia (as per comapny act 2016) with a legal company secretary service provider, like us Lim & Ani Associates, providing company secretary, accounting, taxation, business advisory service, a one stop business solution in Malaysia.
Once registered, a business bank account done with a formal office setup, company must then apply for an import license from the Ministry of International Trade and Industry (MITI).
When bringing goods into or out of Malaysia, need to provide the following documents to customs officials.
Permits required for certain exported goods
Certain goods require additional approvals from affected ministries under the Customs (Prohibition of Export Order, 1998) :
Tariff & Tax
Malaysia follows the Harmonized Tariff System (HTS) for imported and exported goods not originating (ASEAN). For goods arriving from ASEAN member states, Malaysia follows the ASEAN Harmonized Tariff Nomenclature (AHTN).
Free Trade Zone
Port Klang Free Trade zone is a very popular one, as port Klang is the commercial sea gateway of Malaysian trade system. This zone includes 1000 acers of land, with many benefits for local & foreign investors.
Malaysia is a partner to seven bilateral free trade agreements (FTAs) and six regional FTAs. Malaysia has signed bilateral FTAs with:
CONDITIONS AND PROCEDURES FOR APPLICATION:
PROHIBITION/RESTRICTION OF EXPORTS:
- The following goods are absolutely prohibited from exportation:
As a main sector of business Malaysia govt & Industry development authority welcoming Traders from home & abroad to invest in Malaysian international trading with a defined business law & flexible policy. The investor friendly world class infrastructure also giving boost to investors business & profit, land & sea communication also a blessings in Malaysia, with a vast source of educated manpower & defined taxation policy.
Call, Email or text us & take appointment from website to visit our office in Malaysia.
LIM & ANI ASSOCIATES SDN BHD
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+603-84081680 (office land line)
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