General Trade Companies in Malaysia

A General Trade Company is a type of business entity in Malaysia that is involved in the import and export of goods. These companies are required to have a minimum paid-up capital of RM500,000 and must be registered with the Malaysian Ministry of International Trade and Industry.

General trade companies are typically involved in the buying and selling of a wide range of products, both locally and internationally. In order to be successful, these companies must have a good understanding of the market trends and be able to source for competitively priced products.

The Malaysian government provides various incentives for companies that are involved in the export of goods, such as tax exemptions and duty-free importation of raw materials. These incentives are aimed at promoting the country’s export sector and attracting foreign investment.