FAQ:COMPLETE BUILD UP (CBU) VEHICLES

Complete Build Up (CBU) vehicles

  • Am I allowed to bring in my CBU car under the REP?
    For applications received after 16 April 2014 and approved, will be eligible for the revised REP incentive which is one locally manufactured CKD or fully imported Complete Built Up (CBU) car per approved REP applicant, subject to a maximum of RM150,000 worth of taxes and/or duties.
  • What are the eligibility criteria to import a CBU car?

    The eligibility criteria are as follows:

    General Criteria

    • Applicants must obtain a valid Approval Letter and Surat Akuan Tarikh Kembali from Talent Corporation Malaysia Berhad (TalentCorp).
    • Application for duty/tax exemption has to be made within the validity period of approval letter from TalentCorp.
    • The car is unable to be sold or transferred to another person within two (2) years from the date of registration.
    • After the 2 years, the car is unable to be sold or transferred to another person without written consent from the Ministry of Finance AND clearing the duty/tax as determined by the Royal Malaysian Custom's.
    • TalentCorp reserved the right to withdraw this duty/tax exemption can be withdrawn should there be any misinformation in the application process. The applicant will be liable to pay the full duty/taxes.

    Before Applying for REP:

    • Owned the car for at least nine (9) months before submission of the REP application. Car would still have to be owned at time of application submission.
    • The car must be registered under REP’s applicant name.
    • The car must be registered in the same country from which the applicant is applying from, for the REP (domiciled – based on overseas correspondence address applied for REP).

    Once Applied and Approved for the REP

    • Applicants are subject to the rules and regulation when applying for an Approved Permit (AP) from the Ministry of International Trade & Industry (MITI)
      • Applicants must have a valid driving licence (abroad & Malaysia).
      • Applicants would have to furnish the car registration document, car insurance, invoice & receipt for the purchase of the car (all documents bearing the REP applicant’s name and details).
      • The AP can only be applied within 3 months after returning permanently to Malaysia and obtaining the Surat Akuan Tarikh Kembali (the requirements to collect the Surat Akuan Tarikh Kembali would have to be adhered to).

  • Can I purchase a CBU car from Malaysia?
    Cars would have to be owned overseas for at least 9 months prior to time of application, as such no CBU cars can be purchased in Malaysia under the REP incentive.
  • What is the process flow to bring in my CBU car?
    Process Flow for CBU Cars under the REP

    *Obtaining Surat Akuan Tarikh Kembali from TalentCorp
    (Presint 4, Putrajaya)
    To obtain the Surat Akuan Tarikh Kembali, applicant must:
    - Secure employment in Malaysia
    - Returned permanently to Malaysia
    - Report to TalentCorp
    *Apply for approved permit (AP) with MITI
    (Jalan Duta, Kuala Lumpur)
    - Process can be done within 7 working days
    - The AP has a validity period of 6 months
    - After obtaining AP, only then applicants should arrange for the shipment of car
    Obtaining the estimate tax exemption & car price from Customs Department
    (Any Customs Office/Level 6, Kelana Jaya)
    Evaluation will be based on the year of;
    - Production, CC, Model VS Gazette/Docket
    - Price (which one is higher)
    The process can be completed within the same day
    Tax Exemption application
    (Ministry of Finance)
    -Borang Kenderaan REP (available here) to be submitted to Bahagian Cukai via email
    Arrival of CBU car at port
     
    Agents need to provide required documentation (invoice, registration, AP, Surat Akuan Tarikh Kembali & required documents) to Customs Department for tax clearance.
    (Customs at Port)
    - If taxes > RM150K, applicant will be required to pay the remaining amount for the car to be released.
    - If taxes < RM 150K, the car can be released.
    Car Released
     
    Car Inspection by Puspakom
     
    Registration with JPJ
     
    *Applicant must apply for the AP within 3 months from the date of reporting to TalentCorp but before the expiry date of the approval period (as stated in the REP approval letter).