Commission Agents And General Merchants Companies in Malaysia

Commission agents and general merchants companies are businesses that act as intermediaries between buyers and sellers. These companies typically do not take ownership of the products they sell, but instead earn a commission for their services. In Malaysia, commission agents and general merchants companies are regulated by the Companies Commission of Malaysia (CCM).

Commission agents and general merchants companies must comply with the requirements of the Companies Act 1965 and the Companies Regulations 1966. These businesses must also have a valid business license from the Malaysian Ministry of Domestic Trade, Cooperatives and Consumerism.

Commission agents and general merchants companies are allowed to engage in a wide range of activities, including import and export, wholesale and retail trade, storage and distribution, and marketing and advertising. These businesses must maintain a good reputation in order to continue operating in Malaysia.