There are about 300 licensed direct selling companies in Malaysia, but not all are active, he says. Among the better known ones are Amway (Malaysia) Holdings Bhd, Hai-O Enterprise Bhd, Zhulian Corporation Bhd, CNI Holdings Bhd, Avon Cosmetics (M) Sdn Bhd, Elken Sdn Bhd, Nu Skin (M) Sdn Bhd and Young Living (M) Sdn Bhd.

How many direct selling companies are there in Malaysia?

There are about 300 licensed direct selling companies in Malaysia, but not all are active, he says. Among the better known ones are Amway (Malaysia) Holdings Bhd, Hai-O Enterprise Bhd, Zhulian Corporation Bhd, CNI Holdings Bhd, Avon Cosmetics (M) Sdn Bhd, Elken Sdn Bhd, Nu Skin (M) Sdn Bhd and Young Living (M) Sdn Bhd.

Is direct sales legal in Malaysia?

(1) subject to sections 14 and 42, no person shall carry on any direct sales business unless it is a company incorporated under the Companies act 1965 and holds a valid licence granted under section 6.

What Is Direct Sales Malaysia?

In Malaysia, direct selling or direct retailing is a diversified business with sizeable product categories. It is increasingly becoming a significant distribution channel within the country’s total retail enterprise system.

Is Network marketing legal in Malaysia?

Are MLMs Legal in Malaysia? MLMs or direct selling companies are totally legal in Malaysia. They are seen as just another way of distributing products by cutting out the middleman. Some legitimate well-known MLMs in Malaysia include Tupperware, Avon, Forever Living and Nu Skin.

How do I register my direct selling business?

Documents Required to be Maintained by MLM Company Copies of Director Identification Number (DIN) of directors, Taxpayer Identification Number (TIN), Permanent Account Number (PAN) and TAN. Certificate of GST Registration and copies of GST Returns filed with the authority.

What is direct selling Act?

The Act defines ‘direct selling’ as ‘marketing, distribution and sale of goods or provision of services through a network of sellers, other than through a permanent retail location’2 and includes any person who ‘purchases any goods or avails any services through direct selling’ within the definition of a ‘consumer’3 .

Is coway an MLM?

Coway is a Korean-based Multi-Level Marketing Company also known as ‘LifeCare Company’. It was established in 1989 by ‘Yoon Seok-geum’. They mainly focus on manufacturing household products like Water Filtration, Air Purifiers, Bidets, and more.

What is the best direct selling company?

Explore Top 10 direct selling company in India 2021

  • 01 – Mi Lifestyle Marketing Global Private Limited. Industries – Marketing and Advertising.
  • 02 – Hindustan Unilever Ltd or HUL. CEO: Sanjiv Mehta.
  • 03 – Herbalife. Founder: Mark R.
  • 04 – Amway.
  • 05 – Modicare.
  • 06 – Keva Kaipo Industries Pvt.
  • 07 – RCM.
  • 08 – Vestige.

What are types of direct selling?

Direct selling involves distributors selling products or services directly to consumers. The three types of direct selling are single-level direct, party-plan, and multi-level marketing.

What is direct selling in Malaysia?

In Malaysia, direct selling is a diversified business with a sizeable product category. Virtually every consumer product or service approved by the Ministry of Domestic Trade, Co-operatives and Consumerism (KPDNKK) can be marketed through direct selling.

Is Cosway the best direct sales company in Malaysia?

Founded in 1990, Cosway is similar to some other direct sales companies in that area in that they have a huge selection of products that can be bought using the internet. It is essentially like visiting a mall without leaving your home. Cosway just barely made #2 as they are close to the #1 position in Malaysia.

How do I get an AJL license in Malaysia?

All direct selling companies in Malaysia are required to obtain a valid Direct Selling License (AJL License) from KPDNKK before commencing business operation. How do I apply for the license? The AJL License or Lesen Akta Jualan Langsung can be obtained from the Direct Selling Division in KPDNKK.

What is a direct sale?

“Direct Sales” means a door-to-door sale and mail order sale within the meaning of this Act. “Door-to-door-sale” means the sale of goods or services conducted in following manner:-