In Malaysia, Licensed Manufacturing Warehouses (LMWs) serve as pivotal hubs for businesses looking to optimize their manufacturing operations and streamline international trade. These specialized facilities offer a unique advantage by providing companies with a designated space to carry out manufacturing activities while enjoying various tax incentives and regulatory exemptions. By leveraging the LMW framework, businesses can import machinery, equipment, and raw materials with ease, facilitating smoother production processes and enhancing their competitiveness in the global market.
Operating under LMW status requires meticulous attention to compliance and adherence to stringent regulatory requirements. From ensuring the security and integrity of the premises to meeting specific manufacturing and storage standards, LMW operators must navigate a complex landscape of rules and regulations to maintain their license. Through comprehensive training and guidance, businesses can unlock the full potential of LMW facilities, optimizing their operations while staying abreast of evolving customs and trade regulations in Malaysia.
Brochure
— Course Fee: RM 890.00 (Inclusive of 8% Service Tax) —
Introduction
● Definition and Purpose of LMW
● Understanding Section 65A, Customs Act 1967
● Pre Assessment Test
Part 1
LMW Application Process
● Understanding the Application Procedure
● Required Documents and Forms (JKDM Form No. 1, Appendix A)
● Submission Process and Timelines
● Approval in Principle Criteria
Part 2
Factory and Premises Requirements
● Building Specifications (Permanent, Sturdy, Secure)
● Security Measures (Guards, Alarm Systems)
● Fencing and Safety Features
● Allocation of Specific Areas for Manufacturing, Storage, and Waste
Part 3
Importation and Trial Run
● Importation of Machinery, Equipment, and Raw Materials
● Conditions for Importing Before License Issuance
● Trial Run Guidelines and Limitations
Part 4
LMW License Management
● License Fee and Renewal Process
● Restrictions on Subcontract Activities
● Prohibitions on Permitting Other Entities Within the Licensed Area
● Surety Requirements (Bank Guarantees)
● License Amendments and Transfers
Part 5
Compliance and Revocation
● Conditions for License Revocation
● Consequences of Non-Compliance
● Responsibilities in Case of License Revocation
Conclusion
● Question and Answer
● Review / Recap
● Post Assessment Test
● Summary