Rajah & Tann Regional Round-Up
your snapshot of key legal developments in Asia
 Issue 3 - Jul/Aug/Sep 2022
 

Conditions for Continued Acceptance of Applications for E-Commerce Permit or Licence

On 7 July 2022, the Ministry of Commerce ("MOC") issued Notification No. 1964 MOC on the Application for E-Commerce Permit or License ("Notification").


The MOC used to extend the deadlines of submission of application for E-Commerce permit or licence (the latest deadline being 3 July 2022) without penalty. The Notification states that MOC will continue to accept applications for E-Commerce permit or licence submitted after 3 July 2022 but subject to the following conditions and procedures:


  1. Legal entities, branches of foreign companies, and sole proprietorships operating E-Commerce businesses without the approval from MOC shall apply for E-Commerce permit or license with MOC subject to payment of applicable fine.
  2. Legal entities, branches of foreign companies, and sole proprietorships which have just started or intend to operate E-Commerce businesses may apply for E-Commerce permit or license with MOC without being fined.

Natural persons who have an annual turnover less than the annual turnover of a small taxpayer (approx. US$62,500 to US$400,000) may (i) notify the MOC to obtain exemption on filing the application; or (ii) apply for an E-Commerce permit without being fined if​ such natural person wishes to do so.



Please note that whilst the information in this Update is correct to the best of our knowledge and belief at the time of writing, it is only intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice.

 

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Heng Chhay
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D +855 23 215 734
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heng.chhay@rajahtann.com

Desmond Wee
Director
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desmond.wee@rajahtann.com

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