Distributive trade include wholesaler, retail, and international trading.
Licensing and Registration
For any foreign involvement in these activities, the minimum capital requirement in terms of shareholders’ funds, which include paid-up capital and reserves is RM1 million.
There is no limit of expatriate post for Distributive Trade activities. Number of expatriate permitted per company is given based on the justification provided to the Expatriate Committee, Immigration Department. Minimum salary for the expatriate must be at least RM5,000 per month and there is no age limit.
Minimum capital requirement:
• 100% local owned company (Malaysia) – RM250,000
• Foreign owned company (i.e. more than 51% shareholders are foreigners) – RM1 million
If you would like to know more, please contact Bestar.