Licensed Manufacturing Warehouse (LMW) Licensing, Facilitation & Control & Its Latest LMW & SST Rules

About Course

The purpose of having LMW is to enable manufacturers to set up its factory within the warehouse. It is primarily intended for an export-oriented market whose entire production or not less than 80% are meant for export.

LMW factories can be established anywhere in the principal customs area. This makes it different from FREE INDUSTRIAL AREAS which have to be gazetted & near the port.

LMW gets the same tax benefits as FIZ such as total tax exemption & sales tax @ 0% for its raw materials/components/machinery/equipment which is used directly in the production.

More importantly, participants would be able to understand and apply the correct procedures on import, export, subcontract and various types of sales & purchases.

Brochure

— Course Fee: RM 790.00 (Inclusive of 8% Service Tax) —

Understand the concept, guidelines, legislations and regulations with regards to LMW;
Understand the application procedures for customs duties exemption (Import duty and sales tax);
Enable manufacturer to have a more realistic cost analysis on his manufactured product as element of customs tax exemption/ new sales tax @ 0% is being well taken care of. Hence enable the manufacturer to market his products at a more competitive price.
To implement the correct new sales tax procedures on work performed by subcontractors (PCA/LMW/FIZ/NRM) & Customs clearance
Latest LMW policies.

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