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withdrawn should there be any misinformation in the application process.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).