47191
Department stores
Department stores
Case-by-case approval
Department stores allow 100% foreign equity subject to KPDN Distributive Trade approval. Bumi participation encouraged but not mandated.
- Foreign equity
- 100%
- Capital floor
- None
- Key licences
- 1
- Setup timeline
- 8–12 wk
Sector approval required
Standard Sdn Bhd RM 1
1 conditional
Foreign Sdn Bhd via Emerhub
Set up for this MSICOne-business-day quote · MSIC 47191 pre-filled
Investment policy
Foreign ownership rules
Foreign ownership rules
- Distributive Trade — Department StoresconditionalKPDN
Department stores allow 100% foreign equity subject to KPDN Distributive Trade approval. Bumi participation encouraged but not mandated.
Source
Sourced from MIDA sector booklets and respective regulators. Verify the latest rules with the regulator before investment decisions.
What you'll need to apply for
Licences & permits
Licences & permits
Specific to this activity
Common requirements for most Malaysian businesses7
- Personal Data Protection Act 2010 RegistrationIssued by Personal Data Protection Department (JPDP)
- Sales & Service Tax (SST) RegistrationIssued by Royal Malaysian Customs Department (RMCD)
- Bomba Fire Safety Certificate (Sijil Perakuan Bomba)Issued by Fire and Rescue Department of Malaysia (Bomba)
- EPF / SOCSO / EIS Employer RegistrationIssued by KWSP (EPF), PERKESO (SOCSO), EIS
- LHDN Employer Tax (E) RegistrationIssued by Inland Revenue Board of Malaysia (LHDN/HASiL)
- Local Authority Business LicenceIssued by Local Authority (PBT)
- Signboard / Advertisement Licence (PBT)Issued 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.
For SSM registration
Activity details
SST & 预扣税
SST豁免
需要电子发票
风险等级
低风险
电子发票 (MyInvois)
通过LHDN MyInvois开具电子发票时需要MSIC代码 47191。请在电子发票的分类字段中使用此代码。