Malaysia Import Regulations

If you're a business and you plan to import products to Malaysia, you need to know the import regulations. If you are business planning to send employees to the Malaysia or you are planning to visit the Malaysia, knowledge of Malaysia import regulations is important. This article will highlight the various custom duties, steps of clearing imports into the Malaysia, and some of the items not to be imported into the Malaysia, and advantages to trading with Malaysia.

Duties

"Imported goods, except for machinery, its parts and components, are subject to a tax on sales which varies between 5 to 10%" according to the EEPC.

Duties "fluctuate between 15 and 25%." Some "certain sectors can be taxed up to 30%" and "the customs tariff is high when the imported product is also locally produced (from 30 to 50 %)" according to the EEPC.

Regulations

"Most of the goods can be freely imported under Open General License" according to the EEPC some items are protected and some imports are restricted or not allowed.

Prohibited Items

"If it is considered that the local production is self-sufficient, import is forbidden." "There are other products that are forbidden or subject to special licenses for safety, religion or morality reasons" drugs, pornography are examples.

According to all Malaysia.info "items prohibited from being imported include corrosive chemicals and any 'indecent or obscene' materials. All items from the former Yugoslavia (Serbia-Montenegro) and Israel are prohibited." All freight lists even more restricted items.:

- "Firearms, dangerous weapons, fireworks, explosives, ammunition and knives" are not toys and are restricted coming into Malaysia.

- Illegal drugs where the penalty could be death. There is a good reason to just say no.

- Telephones, fax machines, short wave radios and satellite dishes. If you are in the tech business you may want to find out for sure you can import the item.

- Gold bullion is not acceptable.

- Communism books

Advantages for Importing in Malaysia (Source the EEPC)

- Malaysia is accessible by ship, plane, and rail.

- "Import regulations in Malaysia are liberal as compared to other ASEAN countries' regulations," according to the EEPC.

- "Most of the goods can be freely imported under Open General License."

- "Whoever wants to trade in Malaysia should take into account the multiracial population and the strong economic and social disparities."

- Low Taxes

Sources:

EEPC

AllMalaysia.info

Allfrieight.co