Business Licenses in Malaysia

Business Licenses in Malaysia

Having your company incorporated in Malaysia does not mean that you have the right to commence your business right away.

Depending on the nature of your business, you may need to obtain the requisite licenses, consents, permits, registrations and/or authorisations from the relevant governmental, statutory, or regulatory bodies, authorities or agencies before you are permitted to run your business.

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Types Of Business Premise License

There are different types of business premise license in Malaysia. The business premise license that your business requires will depend on the nature of your business. 

For certain types of business activities that are not as straightforward, the relevant town council will assess and determine whether a business falls under the relevant license category where an application has been made.

These are some the most common and straightforward business premise licenses in Malaysia

Office License

Shoe Store License

Flower Shop

F&B Restaurant

Place To Submit The Application

The application for the business premise license is to be made to the relevant town council where your premises is located.

To determine which town council has an authority over your premises, you are advised to provide us with a copy of an Assessment Receipt (Cukai Taksiran/Pintu) issued by the town council in respect of your premises.

While your address may indicate that your premises is located in Kuala Lumpur, the town council regulating your premises may not necessary be Dewan Bandaraya Kuala Lumpur (DBKL), but rather, it could be other local authority.

What you need to know

1. There are different types of Business Premise Licenses in Malaysia, and the specific license you need depends on the nature of your business.

2. For certain business activities that are more tightly regulated, the Local Authorities will assess and determine whether a business falls under the license category applied for.

3. Certain businesses are required to obtain supporting documents from the relevant Government Ministry and/or other relevant regulatory bodies before it is permitted to apply for a Business Premise License.

4. The fees for a Business Premise License will depend on the nature of a business as well as the floor area of the premises (for certain businesses).

5. Business Premise Licenses are typically valid for one (1) year from the date of approval/renewal. Such license can be renewed every year by just paying the prescribed renewal fee.

FAQ's

Frequently asked questions

At a high level, there are three (3) types:

- General business licenses applicable to most businesses

- Industry-specific licenses

- Activity-specific licenses that cover two or more industries

That would be general business licenses, which consist of a Business Premise License allowing a business to operate on a physical premise within a certain jurisdiction, and a Signboard License, permitting a business to display a signboard outside its premises or kiosk.
It depends, though on average most businesses should be able to secure their necessary licenses within 14 days.
A composite license typically starts from RM650, but an accurate estimate depends on business details including geographic location and premise size. For a tailored estimate, get in touch!
Our team is experienced with the details and nuances surrounding applying for and securing various business licenses in Malaysia. By engaging us, the application process is completed significantly faster, allowing business owners to begin operating sooner.
 

In short, whatever you need, we can get it for you much faster.