Malaysian business licence·Federal
Coastal Occupation Licence (COL)
Issued by Suruhanjaya Pelabuhan Pulau PinangPenang Port Commission Act 1955; Section 60
Overview
The Coastal Occupation Licence (COL) is required for companies operating through private jetties in the Prai River. It permits the use of coastal areas for business activities. This licence is essential for compliance with local regulations.
Key details
Governing Act
Penang Port Commission Act 1955; Section 60
Agency fees
RM 5,000 processing + RM 5,000 annual
Validity
1 year (renewable annually)
Issuing authority
Suruhanjaya Pelabuhan Pulau Pinang
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
Sole proprietorships, partnerships, companies, cooperatives, limited liability partnerships
Application requirements
- The applicant company must submit an official application to the Penang Port Commission (SPPP) and be registered with the Companies Commission of Malaysia.
- SPPP will submit the application to the Office of the Secretary of the State of Penang and the Royal Malaysian Customs Department to obtain clearance for SPPP to issue the licence.
- The application will also be presented at the SPPP Board Meeting for approval.
- The licence will be issued after all the above conditions are met.
Agency fee breakdown
New Application / Renewal
Fee - RM5,000.00
Validity period - One year
These are amounts payable to Suruhanjaya Pelabuhan Pulau Pinang. Emerhub's service fee is quoted separately when you engage us.