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The Malaysian Communications and Multimedia Commission (MCMC) has taken legal action against 400 local online e-business operators in the last two years for not registering as business entities.
Malaysia Business Ethics Institute (MBEI) chairman Dr Zainal Abidin Abdul Majid, said most of the operators were charged under Section 12(1)(a) of the Business Registration Act where they face up to 12 years in jail or a fine of up to RM50,000.
Malaysia Business Ethics Institute (MBEI) chairman Dr Zainal Abidin Abdul Majid, said most of the operators were charged under Section 12(1)(a) of the Business Registration Act where they face up to 12 years in jail or a fine of up to RM50,000.
So does that mean all of us traders here, as well as the 213484321432145327503275 blogshop owners need to register their business? I tried looking for more info on the SSM website but all I found were directions on how to register, rather than on who needs/does not need to register.
Can anyone give more details on this issue please? If it's an opinion please state that it's your opinion, but if you are giving facts could you please state that it's facts, and preferably include some sites I can go to to read up on this?
Closed because there's another similar thread. http://forum.lowyat.net/topic/1497139
This post has been edited by electronicfly: Jul 21 2010, 05:31 PM
Jul 21 2010, 05:08 PM, updated 16y ago
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