Suruhanjaya Syarikat Malaysia (SSM) launches it’s free SSM registration or Skim Pendaftaran Perniagaan Prihatin (SPPP) for students, youth under B40 and single mother to register their business for free in-order to earn extra income during the pandemic. This announcement was made by Minister of Domestic Trade and Consumer Affairs, YB Dato Sri Alexander Nanta Linggi.
Currently, to register a business (not company) in Malaysia, you are required to pay:
- Sole proprietorship (using personal name as stated in the identity card) – RM30 per year;
OR - Sole proprietorship or partnership using a trade name – RM60 per year;
AND - Business information print-out – RM10.
Who Can Apply for SPPP free SSM Registration
There are 3 categories that are eligible to apply for the free registration:
- Youth under B40 group:
- Aged 18 to 30 years old;
- Does not exceed maximum age according to Malaysian Youth Policy;
- Is the recipient of Bantuan Prihatin Nasional (BPN) under B40 group (Checking can be done at https://bpn.hasil.gov.my);
- Does not have record of active business in SSM.
- Single Mother under B40 group:
- Aged 18 and above;
- According to the conditions as defined as a single mother by the Ministry of Women, Family & Community Development (KPWKM);
- Is the recipient of Bantuan Prihatin Nasional (BPN) under B40 group (Checking can be done at https://bpn.hasil.gov.my/);
- Does not have record of active business in SSM.
- Students:
- Aged 18 and above;
- Full time students from any public or private Institutions of Higher Learning (IPTA / IPTS) / Polytechnic / College within Malaysia;
- Does not have record of active business in SSM.
How to Apply?
The registration is opened since 22 December 2020.
To apply, go to ezbiz.ssm.com.my. After that, create a new account. You will need to verify your new account before registering for your new business. Refer to here for verifying your account: link
Upon submitting your new business, you should see the Skim Pendaftaran Perniagaan Prihatin (SPPP) which can be selected under Incentive column.
*Please note that the application only can be done online at ezbiz.ssm.com.my.
If you have any question, please call SSM 03-7721 4000 or email to enquiry@ssm.com.my
For more info, refer to here.