PETALING JAYA, Oct 3 — A total of 8,000 businesses in Kuala Lumpur renewed their business licences within two months after a new multi-year renewal initiative was introduced in July.
Minister in the Prime Minister’s Department (Federal Territories) Hannah Yeoh said 704 businesses opted for a two-year renewal, while 1,802 businesses renewed their licences for three years.
“I am happy to share that in just two months, 8,000 businesses in Kuala Lumpur renewed their licences for one year. For a two-year renewal, they receive a five per cent discount, which 704 businesses have opted for, while 1,802 businesses chose a three-year renewal to enjoy a 10 per cent discount on their business licence,” she said.
