Are you interested in your company providing services to the government? Well, it could be a good opportunity for you and your company, and a chance for you to attract future clients. There are some requirements that you should follow, as you need to follow these requirements properly when providing services to the government including the eperolehan application, MOF license renewal, and many others. After apply for the MOF licence, your company can participate in procurement projects through quotations and tenders. Your company is excluded from the Tender deposit. You can showcase your company's products/services and prices in the eProcurement system for marketing purposes. Registration with the Ministry of Finance may facilitate government agencies inviting your company for quotations or tenders.
It is a requirement for companies to obtain the MOF license from the Ministry of Finance to participate in projects within the government sector, and this includes tenders and contracts. This includes providing goods and outsourced services and consultancy services that your company offers to ministries, government departments and different government agencies. It is a requirement for your company to register with the Ministry of Finance (MOF) to be invited to take part in government procurement processes by quotation (valued at between RM50,000 and RM500,000) and tenders (valued at RM500,000 and above). Even if the project that your company is conducting with the government may be small, it is still advised that you obtain the MOF licence application for your company.
Our team of professional accountants and lawyers can help your company to register through the Ministry of Finance. The requirements incude:
To provide the services and products of your company to the Malaysian government, you will need to register with the Ministry of Finance (MOF). We at AXA Management ensure that the entire process of applying for the MOF Licence renewal or new application is done according to the laws and regulations that are set by the Ministry of Finance. We also provide consultation for our clients during the process of applying for the MOF licence. Other than helping you and your company apply for the MOF licence, we can also help you renew your company’s MOF licence once it has expired or once the expiration date of the licence is nearing. This saves you the hassle of going through the process of applying for a MOF licence again. Contact us today at AXA Management to apply for a MOF licence for your company today.
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