General Traders And Property Investment Companies in Malaysia

General traders and property investment companies in Malaysia are required to obtain a license from the Ministry of International Trade and Industry in order to operate. These companies are also subject to the Malaysian Companies Act 1965.

Under the Companies Act 1965, a company must have a minimum paid-up capital of RM2 million in order to be registered as a public company. A private company must have a minimum paid-up capital of RM500,000.

A general trader is defined as a company which is engaged in the business of buying and selling goods or services. A property investment company is defined as a company which is engaged in the business of buying, selling, or managing real estate property.

In order to obtain a license from the Ministry of International Trade and Industry, a general trader or property investment company must submit an application form along with the required documents. The application form must be accompanied by a business plan, a feasibility study, and other relevant supporting documents.

The business plan must include information on the company’s proposed business activities, market analysis, financial projections, and management team. The feasibility study must assess the technical, financial, and economic viability of the project.

Once the application is submitted, the Ministry of International Trade and Industry