To Carry On Business And To Act As Merchants Companies in Malaysia

Companies in Malaysia are allowed to carry on business and to act as merchants. This is in accordance with the Companies Act 1965. Companies are required to obtain a business license from the Malaysian Investment Development Authority (MIDA) in order to operate. MIDA is the government agency responsible for promoting investment in Malaysia.

Companies in Malaysia are allowed to carry on business and to act as merchants. This is in accordance with the Companies Act 1965. Companies are required to obtain a business license from the Malaysian Investment Development Authority (MIDA) in order to operate. MIDA is the government agency responsible for promoting investment in Malaysia.

Companies in Malaysia can carry out a wide range of business activities, including manufacturing, trading, agriculture, mining, tourism, and services. They can also act as merchants, which means they can engage in buying and selling goods. Merchant companies must have a valid business license from MIDA in order to operate.