Malaysian business licence·State

Public Auction Licence (LPA)

Issued by Pejabat Menteri Besar Dan Setiausaha Kerajaan Negeri PahangAuction Act 1981

Overview

The Public Auction Licence allows individuals or businesses to auction goods or assets as ordered by the court. It is required for anyone wishing to conduct public auctions in Pahang.

Key details

Governing Act

Auction Act 1981

Agency fees

Varies by local authority

Validity

1 year (renewable annually)

Issuing authority

Pejabat Menteri Besar Dan Setiausaha Kerajaan Negeri Pahang

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

Businesses, companies, individuals

Application requirements

- Malaysian citizen - At least 18 years old - Preference for local residents in Pahang - No criminal record - Support letter from the District Officer where the transaction will take place - Support letter from the local representative - Affidavit declaring not a bankrupt - Membership letter from the Pahang State Auction Office - A copy of bank statement as capital - A copy of identification card (new application) - Own or rent an office in Pahang - Residential address in Pahang - Profile/resume information of the applicant (new application)