Malaysian business licence·Federal
Application For Advertisement Permit Of Money Lenders
Issued by Kementerian Pembangunan Kerajaan Tempatan (KPKT)Moneylenders Act 1951 [Act 400]; Moneylenders (Control and Licensing) Regulations 2003; Moneylenders (Compound Offences) Regulations 2018
Overview
This licence allows money lenders to advertise their services legally. It is required for any money lender wishing to display advertisements. Approval from the Registrar is necessary before any advertising can take place.
Key details
Governing Act
Moneylenders Act 1951 [Act 400]; Moneylenders (Control and Licensing) Regulations 2003; Moneylenders (Compound Offences) Regulations 2018
Agency fees
RM 200 processing + RM 0 annual
Validity
2 years
Issuing authority
Kementerian Pembangunan Kerajaan Tempatan (KPKT)
Fees shown are government / local-authority fees payable to the issuing agency. Emerhub charges a separate service fee for handling the application end-to-end.
Eligible applicants
Companies
Application requirements
- New/renewal applications can be made online through the integrated Data Electronic Pawn And Lending (iDEAL) system.
Agency fee breakdown
Application for New/Renewal:
Permit Fee: RM200 for a period of 2 years
Validity period of the advertisement permit: 2 years
These are amounts payable to Kementerian Pembangunan Kerajaan Tempatan (KPKT). Emerhub's service fee is quoted separately when you engage us.