Obtaining Business Licenses in Malaysia
Before commencing legal operations in Malaysia, businesses are obligated to secure specific licenses to ensure compliance with regulations. The prerequisites for business license applications in Malaysia may differ based on individual local authorities. Additionally, certain licenses necessitate local Malaysian participation in terms of shareholding and directorship. Here are examples of crucial business licenses in Malaysia:

• Local Council License (Business Premise License and Signboard License):
• Description: This license, acquired from the local authority (e.g., MBJB for Johor Bahru), is mandatory for companies operating in physical offices or shops.
• Requirements: Vary depending on the local authority. Some may require local Malaysian participation in shareholding and directorship.
• WRT (Wholesale Retail Trade) License:
• Description: Intended for companies with over 50% foreign ownership engaged in wholesale, retail, distributive trade, franchise, restaurant, trading, import, and export businesses.
• Issuing Authority: Ministry of Domestic Trade, Co-operative and Consumerism (KPDNKK).
• Minimum Paid-Up Capital: RM1 million.
• Manufacturing License (MIDA - Malaysian Investment Development Authority):
• Description: Mandated by the Industrial Coordination Act, 1975, for individuals engaging in manufacturing activities with shareholders' funds of RM2.5 million or more, or employing 75 or more full-time paid employees.
• Issuing Authority: MIDA.
• Building and Construction License (CIDB - Construction Industry Development Board):
• Applicability: Required for companies in construction-related businesses such as civil engineering, building construction, and mechanical and electrical.
• Issuing Authority: CIDB.

It's essential to note that these examples represent a subset of the various business licenses available in Malaysia. The specific requirements and processes for obtaining these licenses may vary, and adherence to regulations is crucial to avoid legal complications. Seeking professional guidance or consulting with the relevant authorities is recommended to ensure accurate and timely license acquisition.