CHAPTER 7:BUSINESS

REGULATION & SUPPORT

SYSTEM
FUNDAMENTALS OF ENTREPRENEURSHIP
(ENT300)

RBP/UiTMKS/FPP/ENT300
 Procedures & Legal Aspects
Entrepreneurs need to know & abide by the
procedures & rules governing business
entities in Malaysia.
Every entrepreneurs must determine
whether his business activities require
licenses, permits or letter of authorities from
relevant bodies.
Procedures License
& Legal
Aspects Permit

Letter of authority

Other Procedure (Assembling of Machinery & Equipment)

Standard & Quality

Hire Purchase Act

Workers’ Social Needs

Infrastructure Needs

Import & Export Regulations

 Business license

Wholesaling license

License
Manufacturing
license

Food manufacturing
license

Sales Tax license

Excise License
Permit Foreign Workers
Entry Permit
Transportation
Permit
 Letter of Authority

• Certificate of Fitness (CF)- issued

by local authority & supported by
the Fire Department
Other Procedures to be considered
when it involved installation of
Machinery & Equipment
•Pollution control
•Business rights
•Trademark & Protection
•Patent Protection
•Copyright
Standards & Quality

• Recognitions is given to quality

products/services by various organizations.
• Different types of quality standards are
given based on products, system, services &
environment management.
• E.g. ISO9000, EMS14000 & QS9000.
• In Malaysia, The International Quality
Standard Awards are certified by SIRIM
Berhad.
 Hire Purchase Act
The Hire Purchase Act 1967 (Amended 1978)
controls the forms & contents of hire
purchase agreements.
It clarifies the rights & responsibilities of
purchases, owners, & other parties
concerned.
 Cars including taxis & rented cars;
Vehicles
Assets Motorcycles; Commercial vehicles; Busses
other than public buses; Vehicle for disabled
covered people

under Radio, TV, Cassette recorders or

any combination of the item
Hire
Purchase Refrigerators, freezers of any of
the combination
act
Sewing machines other than
for industrial use

Vacuum cleaners

Air-conditioners other than for

industrial use

Gas & electric cookers/ovens

 Workers’
Social Needs
Employees
Provident Fund
Act
• EPF

Workers’ Social &

Safety Act
• SOCSO
 TNB
Jabatan
TM Bekalan
Air

Infrastructure
Needs
 Import & Exports Regulations
• MITI
• Customs Acts 1967
• Public Health Department, Ministry of Health
• MATRADE
 Business Support System
-Support Facilities in Malaysia
Courses,
Technical Marketing
seminars,
assistance assistance
workshops

Infrastructure Information Research &

assistance assistance development

Financial Advisory Extension

assistance services services
END OF CHAPTER

RBP/UiTMKS/FPP/ENT300