Licensed money lending activities
This activity covers the provision of loans to individuals or businesses by licensed money lenders. It includes the assessment of creditworthiness, the issuance of loans, and the collection of repayments, all conducted in accordance with regulatory requirements.
Open to 100% foreign ownership under standard Malaysian policy.
- Foreign equity
- 100%
- Capital floor
- None
- Key licences
- 4
- Setup timeline
- 8–12 wk
Licences & permits
Licences & permits
- Other Licences (LAIN-LAIN)Issued by Lembaga Getah Malaysia (LGM) · Rubber Industry (Licensing and Permits) Regulations 2014Auto-mapped via semantic similarity (0.43)Fee: RM 100 processing + RM 300 annualValidity: 1 year (renewable annually)
- Application For Advertisement Permit Of Money LendersIssued by Kementerian Pembangunan Kerajaan Tempatan (KPKT) · Moneylenders Act 1951 [Act 400]; Moneylenders (Control and Licensing) Regulations 2003; Moneylenders (Compound Offences) Regulations 2018Auto-mapped via semantic similarity (0.56)Fee: RM 200 processing + RM 0 annualValidity: 2 years
- Submission of Money Lender Transaction Statement Report (Community Credit)Issued by Kementerian Pembangunan Kerajaan Tempatan (KPKT) · Moneylenders Act 1951 [Act 400]; Moneylenders (Control and Licensing) Regulations 2003; Moneylenders (Compound Offences) Regulations 2018.Auto-mapped via semantic similarity (0.50)Fee: RM 10,000 penalty for failure/delay
- Money Lender License Application (Community Credit)Issued by Kementerian Pembangunan Kerajaan Tempatan (KPKT) · Moneylenders Act 1951 [Act 400]; Moneylenders (Control and Licensing) Regulations 2003; Moneylenders (Compound Offences) Regulations 2018Auto-mapped via semantic similarity (0.57)Fee: RM 2,000 processing + RM 1,000 annualValidity: 2 years
Common requirements for most Malaysian businesses6
- Personal Data Protection Act 2010 RegistrationIssued by Personal Data Protection Department (JPDP)
- Sales & Service Tax (SST) RegistrationIssued by Royal Malaysian Customs Department (RMCD)
- 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)
- EPF / SOCSO / EIS Employer RegistrationIssued by KWSP (EPF), PERKESO (SOCSO), EIS
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.
Governing legislation
Traced through the business licences these Acts govern.
Activity details
SST & Withholding Tax
Risk Level
e-Invoicing (MyInvois)
MSIC code 64923 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.