Quick Understanding of Export Customs Procedures in Malaysia

Omoney
Oct 10, 2020
1 minutes of read

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Quick Understanding of Export Customs Procedures in Malaysia

Current export customs require that certain goods require a license before being exported from Malaysia. For these goods, the exporting business must do a one-time registration with the concerned government agency, the Companies Commission of Malaysia. Upon registration, the entity subsequently must apply for an export license from the Ministry of International Trade and Industry (MITI). 

The Ministry of International Trade and Industry, MITI, is a ministry of the Government of Malaysia responsible for international trade, industry, investment, productivity, small and medium enterprise, development finance institution, halal industry, automotive, steel, and strategic trade. Furthermore, Malaysia uses a privatized single digital window for all import and export regulations called Dagang Net.

Export Documentation

When exporting goods out of Malaysia territories, Exporters need to produce the following import-export documents, namely:

  • - Customs Export Declaration; 
  • - Commercial Invoice; 
  • - Packing List; 
  • - Bill of Lading or Airway Bill and
  • - Certificate of Origin

Export Tariffs and Taxes

The Malaysia customs apply a tariff on exported goods between 0 to 10 per cent, following ad valorem rates. Under the 1976 Malaysia’s Customs Act, exporters are eligible for up to 90% tariff refund if the source of the exported goods were originally from imports.

Free Industrial Zones and Free Commercial Zones

Malaysia currently possesses 13 Free Industrial Zones (FIZs) and 12 Free Commercial Zones (FCZs). Companies operating out of FIZs and FCZs may import raw material, products, and equipment without paying tariffs.

Free Trade Agreements

Moreover, Malaysia is also a partner to seven bilateral free trade agreements (FTAs) and six regional FTAs.

For more information on the export procedure in Malaysia, please visit the website of the Malaysian Customs for more information. You should also check out our latest guide on import and export in Malaysia to help your business!

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Quick Understanding of Export Customs Procedures in Malaysia
Customs & Incoterms

Quick Understanding of Export Customs Procedures in Malaysia

Oct 10, 2020
1 min of read

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