The Companies Commission of Malaysia is drawing up regulations that will require anyone selling goods online to register themselves by next year. This happens to include individuals who are just trying to get rid of a single item.
Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Hamzah Zainuddin said, “Even if it is only for selling one product such as a telephone online, it must be registered with SSM and the item needed to be sold within 30 days.
“If the item is not sold within 30 days, the seller will have to apply again for another 30 days period.”
The move, according to Hamzah, is to protect consumers from fraud cases; while also ensuring the rights of consumers are guaranteed. That being said, it is likely to make online trading a little more difficult for those who are simply trying to make space in their homes by selling unwanted items.
This news follows a proposal from the Malaysian Communications and Multimedia Commission to register all blogs and online media. At this rate, it looks like almost all internet activity will have to be registered with the government.