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.

• Customs Export or Import Declaration
• Commercial Invoice
• Bill of Lading
• Packing List
• Certificate of Origin

Permits required for certain exported goods
Certain goods require additional approvals from affected ministries under the Customs (Prohibition of Export Order, 1998) :

• Wastes and toxics (Director General of Environmental Quality)
• Animals – dead or alive (Permit from Wildlife Department & Department of Veterinary Services)
• Coral used in jewellery (Export permit from Director General of Fisheries)
• Wheat or Meslin Flour (Permit issued from Ministry of Domestic Trade and Consumer Affairs)
• Pesticides (Ministry of Agriculture)

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:

• Australia;
• Chile;
• India;
• Japan;
• New Zealand;
• Pakistan; and
• Turkey.

CONDITIONS AND PROCEDURES FOR APPLICATION:

1. Companies need to be registered in Malaysia under SSM.
2. Companies need to submit the Application Form together with:
   1. Customs Form JK69 or K2.
   2. Memorandum and Article of Association (M & A).
   3. Super form : Information of Shareholders.
   4. Super form : Information of directors, secretary of company

PROHIBITION/RESTRICTION OF EXPORTS:
- The following goods are absolutely prohibited from exportation:

• Turtle eggs.
• Rattan from Peninsula of Malaysia.

- The following are some of the goods which require an export licence/permit from relevant authorities:

• Any animal or bird, other than a domestic animal or domestic fowl, whether alive or dead or any part thereof.
• Live animals from bovine species.
• Poultry.
• Meat of bovine animals.
• Cockles. 
• Plants including orchids.
• Vegetables, fresh, chilled or frozen in excess 3kg per consignment.
• Palm kernels and palm seeds.
• Military clothing and equipment.
• Arms and ammunition.
• Antiquities as defined or stated in any written law in Malaysia.
• Sugar and rice
• Coral, alive or dead.
• Live prawns/shrimps/fish.
  
• Collections of zoological, botanical, mineralogical, anatomical, historical, archaeological, or ethnographical with numismatic interest.

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
+60108242527 (imo, whatsap & Viber)
+601121189303
+603-84081680 (office land line)
mb.businessjoint@gmail.com
www.mbbusinessjoint.com

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• BUSINESS NEWS MALAYSIA
• BUSINESS IDEAS IN MALAYSIA
• BUSINESS ADVISSORY IN MALAYSIA
  
• INVESTMENT AS CAREER IN MALAYSIA

The construction or real estate development sector in Malaysia is playing a very important role in the economic growth in terms of generating vast revenue. Mega infrastructure development projects in Malaysia, growing this industry more profitable. The construction sector includes residential construction, non-residential construction, civil engineering and mega govt allowed projects. Malaysia govt welcoming legal investments with a positive Foreign Direct investment, business & tax policy.

Same as other business, you will need a construction company to do construction business in Malaysia. Company registration, banking, basic papers all might be same but to do construction business there are some special licenses you will need.
As usual under company act 2016 you will need to register a company under SSM, with a professional company secretary, which services we, Lim & Ani Associates are providing for our clients. After getting SSM papers or company registration, you have to get CIDB (Construction Industry Development Board) license.

Now what is CIDB, it's a compulsory requirement for all types of companies operating in this construction sector is that all investors will require a license issued by the Construction Industry Development Board (CIDB). This license is renewable and available for a period of minimum one year to three years. Applicant company will need to pay certain tax when applying for the construction license according to the grades of CIDB variation. Depending on CIDB grade construction companies can do full project, development or sub construction contracts. With CIDB license what construction services a construction company can provide:

• civil engineering construction;
• building construction;
• mechanical construction;
• electrical construction.

After CIDB there are few more licenses or papers companies must have to operate construction business in Malaysia, such as; Bumiputera Status Certificate to participate in government projects, etc. Construction companies are always labour related so we also advise interested investors to be aware of & follow MALAYSIAN EMPLOYMENT ACT 1955.

As a country with vast land property & space to develop Malaysia is a best place to invest in construction sector.

Call, Email or text us & take appointment from website to visit our office in Malaysia.
LIM & ANI ASSOCIATES SDN BHD
+60108242527 (imo, whatsap & Viber)
+601121189303
+603-84081680 (office land line)
mb.businessjoint@gmail.com
www.mbbusinessjoint.com