Immigration Malaysia | Malaysia My Second Home | Accounting Malaysia | Company Registration Malaysia | Business Registration Malaysia | Payroll in Malaysia Company Registration Malaysia at BCH.my Part 3 : Companies with foreign ownership that are engaged in distributive trade are required to obtain a wholesale and retail trade (WRT) license from the Malaysian Ministry of Domestic Trade and Consumer Affairs (MDTCA) before they can apply for an Employment Pass or VPTE. “Distributive trade” refers to wholesale and retail trade of goods and services. Other companies with foreign ownership that are not engaged in distributive trade do not require a WRT license but must obtain an approval or support letter from MDTCA before they can apply for an Employment Pass or VPTE. This is where consultants come into the picture, helping you to choose the best set-up depending on your intended objectives. A person who intends to do business in Malaysia must first register a business firm or incorporate a company with Suruhanjaya Syarikat Malaysia. The registrations for the company only can be done by a licensed Company Secretary. The incorporation and registrations was governed by the jurisdiction of the Ministry of Domestic Trade And Consumer Affairs and Companies Act. We also provide other services such as Immigration Malaysia, Malaysia My Second Home, Accounting Malaysia, CompanyRegistration Malaysia, Business Registration Malaysia, Payroll in Malaysia. Call us now +603-20789990 or visit our website bch.my/ for more information!
Posted on: Sun, 01 Dec 2013 04:35:17 +0000