Malaysian business licence·State
Approval from State Authority for Transfer of Land with Interest Restrictions
Issued by Pejabat Pengarah Tanah dan Galian Negeri Pulau PinangNational Land Code 1965; Penang Land Rules 1965 Amendment 2013
Overview
This license is required for land that has interest restrictions. It must be applied for through the Penang Land and Mines Office. The approval allows for the transfer of ownership of such land.
Key details
Governing Act
National Land Code 1965; Penang Land Rules 1965 Amendment 2013
Agency fees
Minimum RM 100 processing + varies by land category
Validity
Annual renewal typical
Issuing authority
Pejabat Pengarah Tanah dan Galian Negeri 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
Individuals, businesses, companies, limited liability partnerships, professional bodies, cooperatives, others
Application requirements
- Two (2) copies of Form PMC1 (Residential/Business/Agricultural) or Form PMC2 (Industrial)
- Latest private ownership search and previous ownership search for titles with 10-year restrictions
- Latest Land Tax receipt
- Copy of New Identity Card/Passport for seller and buyer (for individual applicants)
- Copy of New Identity Card of company director, company resolution, and SSM search for seller and buyer (for company applicants)
- Copy of sale and purchase agreement/Letter of Gift (transfer by affection).
* Please include a copy of the original Sale and Purchase Agreement and Blanket Consent if the title is still in the developer's name.
** All copies must be certified true copies (CTC).
Agency fee breakdown
New Application/Renewal
Fees are as follows:
1. Minimum RM100.00 @ 0.1% of sale price (rounded to the nearest ringgit for residential land).
2. Minimum RM200.00 @ 0.1% of sale price (rounded to the nearest ringgit for commercial land).
3. Minimum RM300.00 @ 0.1% of sale price (rounded to the nearest ringgit for industrial land).
*Validity is until the transfer/mortgage/lease/rental is completed.
These are amounts payable to Pejabat Pengarah Tanah dan Galian Negeri Pulau Pinang. Emerhub's service fee is quoted separately when you engage us.