TL;DR
- KL, Putrajaya & Labuan announced as ‘free trade area’ by the federal territories ministry
- Starting from 15 Nov 2020 – 15 April 2021, individuals can open any business at respective federal territory
- Only applicable for Malaysians
- Mandatory to inform local authorities of business; temporary permits will be automatically approved & given out
Since the Movement Control Order (MCO) has been implemented back in March, many have lost their permanent jobs. Many have then resorted to alternative ways like selling homemade food, pastries and even products. But without a proper stall to do so, it may be quite hard for some to spread the news of their business. Well, here’s some good news for those having their own home business and thinking of expanding out.
KL, Putrajaya & Labuan To Become ‘Free Trading Area’ Until April 2021
Just yesterday, Federal Territories Minister Annuar Musa announced that those living in Kuala Lumpur, Putrajaya and Labuan are allowed to conduct businesses at any location within their respective federal territory. The temporary policy is only allowed for Malaysians, starting next week till April next year.
According to Free Malaysia Today, the federal territories ministry made the decision to make it easier for the rakyat to earn throughout MCO period. Tan Sri Annuar Musa had mentioned that starting from 15 November to 15 April 2021, everyone in the federal territories can do business anywhere they want, as long as they follow written guidelines that will be released by all three federal territory authorities. Of course, merchants are able to sell anything except contraband items.
However, do note that traders must contact respective local authorities and provide their information, specifically regarding what and where their business will be held. Then, traders will have to apply for a temporary static hawker licence, which will be automatically approved throughout the six-month period. The temporary licences are necessary for the ministry and authorities to keep a record of all existing traders.
Supporting Local Businesses However We Can
It goes without saying that times are hard now. So if you’re looking to expand your home business out, this may be great news for you. Meanwhile, let’s all continue to be vigilant when out and follow all necessary guidelines. Continue to stay safe and head out only when necessary.
Source: Free Malaysia Today
Featured image: Bernama | MalayMail
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