47733
Retail sale of jewellery
Retail sale of jewellery
Open to foreigners
Open to 100% foreign ownership under standard Malaysian policy.
- Foreign equity
- 100%
- Capital floor
- None
- Key licences
- 4
- Setup timeline
- 8–12 wk
Fully open
Standard Sdn Bhd RM 1
4 conditional
Foreign Sdn Bhd via Emerhub
Set up for this MSICOne-business-day quote · MSIC 47733 pre-filled
What you'll need to apply for
Licences & permits
Licences & permits
Specific to this activity
Conditional
- Distributive Trade Approval (KPDN)Issued by Ministry of Domestic Trade & Cost of Living (KPDN) · Guidelines on Foreign Participation in the Distributive Trade Services in Malaysia (2022)Required for foreign-owned wholesale/retail; 30% Bumi equity for hypermarkets
- Sale Notification (NJM)Issued by Kementerian Perdagangan Dalam Negeri dan Kos Sara Hidup · Trade Descriptions (Sale at Reduced Prices) (Amendment) Regulations 2019Auto-mapped via semantic similarity (0.43)Fee: Free application.Validity: 31 days (renewable for longer sales with conditions)
- Retail Shop Licence (RSL)Issued by Pejabat Daerah dan Tanah Bera · Excise Act 1976; Excise Licensing Board Regulations 1977Auto-mapped via semantic similarity (0.43)Fee: RM 420 processing + RM 420 every 6 monthsValidity: 6 months (renewable)
- Retail Sales Licence (RSL)Issued by Pejabat Daerah dan Tanah Lipis · Excise Act 1976; Section 35 Regulation B 11 (1)Auto-mapped via semantic similarity (0.44)Fee: RM 420 processing + RM 420 every 6 monthsValidity: 6 months (renewable)
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.
For SSM registration
Activity details
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 47733 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.