So, you finally made the decision to start your very own business? I can see that
flare in your eyes. You’re ready to take on the world! The road ahead will not be easy, and
it might not even bear fruit, are you sure about this?
If your heart is set, we’ll be rooting for you!
But first, answer us this: Did you know that in Malaysia, even having your company incorporated does not mean you have the legal rights to commence your business right away?
Let me talk to you about a friend of mine, Joseph. Joseph was one of those
outstanding individuals, confident, smart but sometimes careless. He’d always say his plan
is to start his own pistachio business due to his unconditional love towards pistachios.
So, the day has come, and Joseph was set to start his own entrepreneur journey.
He’d registered his company name ‘Jo’s Pistachio’ and was thrilled to finally start his very
own business. Without doubt, the first obstacle he faced was none other than business
licenses and permits that were required. As there are over 300 types of businesses license
in Malaysia, he was unsure what were the documents required that can give him the green
light for his business.
Submitting the applications
So, after another 2 months of countless hours of research, Joseph finally prepared
all the documents that were required to finally start his business. Carrying the huge pile
documents and forms, he slowly walked into local council, Masjid Perbandaran Petaling Jaya (MBPJ). After
hours of waiting in line, finally it was his turn to submit the documents. As you might have
guessed, he was rejected as his premise, despite being in border line of Petaling Jaya (PJ) and Bandar Sri Damansara, does not fall under the authority of MBPJ. The officer told him the reason of rejection was because that the postcode his premise is located actually belongs to Dewan Bandaraya Kuala Lumpur (DBKL) .
Due to his continuous failure, this time, Joseph wanted to be ready. He did some
research and only to his surprise, he found out that an entrepreneur will need to pay a
specific amount to the local authority depending on the nature of the business. He was even
shocked that the floor area of the premises itself might also be taken into consideration for
some business as he had no clue regarding the details of his premises. He had also found out
that to remain white-listed, entrepreneurs must also renew these business licenses on time
as they typically have a short life of 1 year counting down from the date it is approved by the
Signboard For Your Business
A month has passed by and finally, Joseph has everything he needs to finally, start
his own business. He was exhausted, frustrated and might have aged unusually fast during
these months. It was all worth it, he thought, as he sat down in front of his store.
He realized that he was lacking one big key component for his premise…
Joseph quickly pulled out his Iphone to only find out that a signboard license is
required to even think of doing so. For every signboard in Malaysia, a company’s name and
business license number together with the nature of the business must be clearly stated out
in Malay. Joseph only relieved as he knew that his signboard will not be mounted over any
sort of glassed structure, as it is against the terms and condition to do so.
Well, that was the story of my friend, Joseph, who dreamt big but was a bit on the
careless side. What about you? Since I can still see that determination in your eyes, I’d
assume you would take a better route than Joseph, right? Why not use that passion in you to
come up with a splendid business strategy and leave the boring paperwork to us? Here’s
our one stop website to learn more about what we need to help you.