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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.

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Sources: 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

Call +60 10-383 5988 (a licensed secretary replies within one working hour (Mon–Fri 8:30am–5:30pm MYT; outside hours, first thing next working day)) or walk in at J-3A-15, Solaris Mont Kiara.

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