What business activities are restricted for a Sdn Bhd?
Most activities are open to any Sdn Bhd. Some need a regulator's approval before or after incorporation — examples: financial services (Bank Negara), education (MOE), recruitment agencies, oil and gas — and some restrict foreign equity, like distributive trade under WRT rules. The company incorporates first; the licence gates when you can lawfully operate.
Statutory figures: Sector regulators; KPDN
Also asked as: restricted business malaysia; activities need approval ssm; licensed activities list; regulated industries incorporation.
Tell us the real activity before filing. We flag which regulator, which licence, and whether your intended shareholding creates a problem — before you've committed capital to a structure that needs rework.
Key facts
- Regulated examples: finance (BNM), education (MOE), recruitment, O&G
- Foreign-equity caps: e.g. WRT distributive trade
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