To Carry On Business As General Traders Companies in Malaysia
A general trader is a company that engages in the business of trading, which is the exchange of goods or services between two or more parties. In Malaysia, general traders are required to obtain a license from the Ministry of International Trade and Industry (MITI) in order to operate.
General traders typically buy and sell a variety of goods, including but not limited to food, clothes, and electronics. They may also provide services such as transportation and logistics. Some general traders may specialize in a particular type of good or service, while others may offer a more diverse range of products and services.
The Malaysian government regulates general traders in order to protect consumers and promote fair trade practices. General traders must comply with laws and regulations regarding pricing, labeling, and advertising. They are also required to obtain a permit from the Ministry of Domestic Trade and Consumer Affairs (MDTCA) if they wish to sell goods or services to the public.
General traders play an important role in the Malaysian economy by providing goods and services that are essential to businesses and consumers. They contribute to job creation and economic growth, and provide consumers with choice and competition.
General traders typically buy and sell a variety of goods, including but not limited to food, clothes, and electronics. They may also provide services such as transportation and logistics. Some general traders may specialize in a particular type of good or service, while others may offer a more diverse range of products and services.
The Malaysian government regulates general traders in order to protect consumers and promote fair trade practices. General traders must comply with laws and regulations regarding pricing, labeling, and advertising. They are also required to obtain a permit from the Ministry of Domestic Trade and Consumer Affairs (MDTCA) if they wish to sell goods or services to the public.
General traders play an important role in the Malaysian economy by providing goods and services that are essential to businesses and consumers. They contribute to job creation and economic growth, and provide consumers with choice and competition.
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