To Transact Business As General Traders Companies in Malaysia

A general trader is a company that is involved in the business of buying and selling products. These products can be anything from food and drink to clothes and furniture. General traders usually have a shop or a stall where they sell their goods, but they can also operate online.

In Malaysia, there are many general traders who operate as sole proprietorships or partnerships. These businesses are regulated by the Companies Commission of Malaysia (CCM). To transact business as a general trader, a company must first be registered with the CCM. Once registered, the company will be issued with a business registration certificate. This certificate must be displayed at the company's premises.

A general trader must also have a valid license from the Malaysian Ministry of Domestic Trade and Consumer Affairs (MDTCA). This license allows the company to operate as a retail business. The license must be renewed every year.

A general trader must comply with all the laws and regulations that apply to retail businesses in Malaysia. These include the Price Control and Anti-Profiteering Act, the Consumer Protection Act, and the Sales of Goods Act. Failure to comply with these laws can result in penalties, including a fine or imprisonment.