PM: No registration fees for students setting up businesses from Jan 1

FRIDAY, DECEMBER 16 PUTRAJAYA- Prime Minister Najib Razak(pic) hosts Sri Lankan President Maithripala Sirisena at the Prime Minister's Office at 1000 (0200 GMT)

KUALA LUMPUR: Students from public and private institutions of higher learning intending to set up a business will be exempted from paying business registration fees with the Companies Commission of Malaysia (SSM) from next Jan 1, Datuk Seri Najib Tun Razak (pic) said.

The Prime Minister said the exemption under the Registration of Businesses Act was aimed at encouraging young entrepreneurs to take advantage of the RM10mil grant allocated by the SSM.