Tax: up to 10%
Duties: up to 40%
Restricted items: Checkpoint Products, Products of Israeli Origin, Second-hand and Refurbished Goods
Non-working days: Public Holidays
Lead times: 4 Weeks
Best Carrier option: Freight Forwarder
Prominent Languages: Malay, Mandarin & Tamil
The Complexities of Importing into Malaysia
While still considered a developing nation, Malaysia holds aspirations to be officially upgraded by 2025. The key to this plan is improvements in the country’s technology sector. Since 2017 the countries spending on ICT has gone from 15.13 billion USD to 17.04 billion USD in 2020. The government has focused on driving improvements in the cloud, IoT, cybersecurity, data center, and AI spaces. While growing foreign investment would aid in the growth of its tech sector, the Malaysian government has not made importing easy. By implementing strict pre-registration processes, import procedures for new importers have become drastically more complicated. Although this falls away to a large extent once all products have been registered, lead times on registrations can take up to a week. Furthermore, there is a strict ban on importing any goods from Israel, while second-hand goods are restricted and will need to come with additional documentation.
How TecEx Can Help You Import into Malaysia
TecEx’s Importer of Record (IOR) service involves us putting our name down as importer, assuming all risk and responsibility for the goods. In this case, it also means that we hold all the registrations for products we have imported over the years. This makes us an ideal import partner for those wanting to import into Malaysia. Not only do we handle all other compliance, but we are likely already registered for the products you wish to ship, saving you time and money. If we are not already registered, TecEx will handle the entire registration process, leaving you with a seamless, hassle-free shipping experience.
Click here to learn more about what to expect when importing into Asia.
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