Department stores and supermarket
Department stores and supermarket
Department stores allow 100% foreign equity subject to KPDN Distributive Trade approval. Bumi participation encouraged but not mandated.
- Foreign equity
- 100%
- Capital floor
- None
- Key licences
- 1
- Setup timeline
- 8–12 wk
Foreign ownership rules
Foreign ownership rules
- Distributive Trade — Department StoresconditionalKPDN
Department stores allow 100% foreign equity subject to KPDN Distributive Trade approval. Bumi participation encouraged but not mandated.
Source
Sourced from MIDA sector booklets and respective regulators. Verify the latest rules with the regulator before investment decisions.
Licences & permits
Licences & permits
Common requirements for most Malaysian businesses7
- Personal Data Protection Act 2010 RegistrationIssued by Personal Data Protection Department (JPDP)
- Sales & Service Tax (SST) RegistrationIssued by Royal Malaysian Customs Department (RMCD)
- Bomba Fire Safety Certificate (Sijil Perakuan Bomba)Issued by Fire and Rescue Department of Malaysia (Bomba)
- EPF / SOCSO / EIS Employer RegistrationIssued by KWSP (EPF), PERKESO (SOCSO), EIS
- LHDN Employer Tax (E) RegistrationIssued by Inland Revenue Board of Malaysia (LHDN/HASiL)
- Local Authority Business LicenceIssued by Local Authority (PBT)
- Signboard / Advertisement Licence (PBT)Issued by Local Authority (PBT)
Have Emerhub file every licence above for you
We'll prepare the forms, liaise with each agency and track approvals — bundled with Sdn Bhd setup. Agency fees are paid to the issuing authority; our service fee is quoted separately.
Get a quoteSource: MalaysiaBiz / BLESS licence catalog.
Activity details
SST & Withholding Tax
Risk Level
e-Invoicing (MyInvois)
MSIC code 47192 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.