Commodity brokers and dealers
This activity involves the buying and selling of commodities on behalf of clients or for the broker's own account. It includes services provided by commodity brokers and dealers who facilitate transactions in various commodities, such as agricultural products, metals, and energy resources.
Open to 100% foreign ownership under standard Malaysian policy.
- Foreign equity
- 100%
- Capital floor
- None
- Key licences
- 1
- Setup timeline
- 8–12 wk
Licences & permits
Licences & permits
Common requirements for most Malaysian businesses6
- Sales & Service Tax (SST) RegistrationIssued by Royal Malaysian Customs Department (RMCD)
- Personal Data Protection Act 2010 RegistrationIssued by Personal Data Protection Department (JPDP)
- Signboard / Advertisement Licence (PBT)Issued by Local Authority (PBT)
- LHDN Employer Tax (E) RegistrationIssued by Inland Revenue Board of Malaysia (LHDN/HASiL)
- EPF / SOCSO / EIS Employer RegistrationIssued by KWSP (EPF), PERKESO (SOCSO), EIS
- Local Authority Business LicenceIssued 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.
Governing legislation
Traced through the business licences these Acts govern.
Activity details
SST & Withholding Tax
Risk Level
e-Invoicing (MyInvois)
MSIC code 66122 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.