Manufacturing License
Manufacturing License Manufacturing License Government Kuala Lumpur (KL), Malaysia, Selangor, Negeri Sembilan, Wangsa Maju, Seremban Services | LO SOLUTIONS SDN BHD

Manufacturing License


1. What is a Manufacturing License? 

The Industrial Coordination Act (ICA), 1975 requires a company engaging in any manufacturing activity to obtain a manufacturing licence. Manufacturing companies with shareholders’ funds of RM2.5 million and above or engaging 75 or more full-time employees need to apply for a manufacturing licence under the ICA.

2. What is the Benefits of MANUFACTURING LICENSE?

– MIDA will assist in your business problem. eg, kastam hold your stock, MIDA can issue a letter to ask them to process faster.
– It is very LOW COST maintenance than Majlis Perbandaran License.
– It will advantage from TAX ALLOWANCE or TAX EXEMPTION your company save corporate tax up to 10 years, 70%-100%. (Terms & Conditions are applied)  

3. How long does it take to approve the manufacturing with incentive applications?

Manufacturing License, Exemption from Customs Duties, Expatriate Posts, and Status for Regional Establishments and R&D Company are approved after 4 weeks from the date of complete information received. Approval for incentives is given after 6 weeks from the date of complete information received. 
don't expect so fast. normally 3-6months.

4. If my company does not have a manufacturing licence, can I apply for Pioneer Status / Investment Tax Allowance? 

A company exempted from Manufacturing Licence is eligible to apply Pioneer Status/Investment Tax Allowance if the products/activities are promoted and the project has fulfilled other related criteria. 
better to have MANUFACTURING LICENCE for your business.

Please leave your enquiry here, we will reply as soon as possible.

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