Deputy Minister of International Trade and Industry (MITI), Datuk Haji Ahmad Haji Maslan (three left), Head of SME Banking Maybank, Adnan bin Sharil (left), Chief Executive Officer LAZADA Malaysia, Hans-Peter Ressel (two left), Head SME PJ, Consumer & SME, Telekom Malaysia, Shahril Effendi Jaafar (three right), Senior Director, Business Development and Entrepreneurship Division, SME Corp. Malaysia, Zaky Moh (two right) and Director of Marketing and Business Development Division, Companies Commission of Malaysia (SSM), Farid Ahmad (right) during Launch LAZADA E-Commerce Seller Conference 2017 at Sunway Pyramid. Pix by Rosela Ismail


SUBANG JAYA: The Companies Commission of Malaysia (SSM) has called for all online sellers operating on e-commerce marketplaces to register their businesses to boost customers’ confidence.

SSM marketing and business development division director Farid Ahmad said as part of its SSM-ONE (Online Networking Entreprenuers) flagship programme, SSM has signed a Memorandum of Understanding with Lazada in May to make business registration with SSM compulsory before these operators can sell on the marketplace.

He was speaking to reporters at a press conference after the launch of #EveryoneCanSell programme during the E-Commerce Seller Conference 2017 organised by Lazada, in cooperation from SSM as one of its partners.

The programme aimed to further spur the growth of local small and medium enterprises in the country and to attract more merchants to join Lazada.

The event was attended by about 2,000 participants including industry players in courier services, finance, telecommunication, networking and business solutions.

It was officiated by International Trade and Industry Deputy Minister Datuk Ahmad Maslan. Also present was Lazada Malaysia chief executive officer Hans Peter Ressel.

Farid said besides Lazada, SSM is also looking into working with other marketplaces like 11street to have a similar arrangement.

“This will help to protect the customers’ interest and to have more ethical sellers,” he said.

Farid said by having businesses registered with SSM, companies will have to comply with all related regulations.

“It will also allow us to track the companies to address any reports or complaints,” he said.

He said this will ultimately protect the consumers as laws could then be effectively enforced.

Farid said registered businesses will also have more opportunities to get assistance from financial institutions or government agencies to expand their businesses.

“It will also reaffirm their commitment towards conducting businesses in compliance with regulations,” he said.

He said SSM regulates businesses based on Registration of Businesses Act 1956, Companies Act 2016, and Limited Liability Partnerships Act 2012.

“To register for business, the business owners need to go to SSM to provide their thumbprints. After that initial step, all transactions can be done online,” he said.

Farid said SSM has also launched SSM BizTrust in July where registered online sellers can get a BizTrust certificate and have the BizTrust standard certification seal or logo displayed on their website.

He said this move was to curb any illegal activities by online sellers who had set up businesses with a purpose to dupe customers by offering non-existing products or poor quality goods and services.

“The logo is exclusive to one website address only. A genuine logo will display the business registration certificate when we click on it,” he said.

Farid said at present, the BizTrust logo is given free until September 30 to encourage more online sellers with websites to register for the product.

After the introductory period fees will be imposed at RM50 for Stage 1 of the product, RM1,000 (Stage 2) and RM1,700 (Stage 3) per year.

“Beginning 2019, the fees will be RM200 (Stage 1), RM1,500 (Stage 2) and RM2,500 (Stage 3) per year,” he said.

Farid said as of August 31 this year, there were 6.6 million registered as sole proprietor and partnership, 1.2 million Sdn Bhd and Bhd companies, and 12,420 Limited Liability Partnerships.

He said from these three categories, there were about 57,072 registered online businesses.

For BizTrust registration with SSM, visit www.ssm.com.my/en/biztrust


By Sarah Rahim - September 13, 2017 @ 5:27pm

New Straits Time

Mohd Radzi, Tuesday, September 12, 2017

SSM lancar SSM BizTrust



Hamzah Zainudin (duduk tengah) bersama wakil syarikat selepas

KUANTAN 21 Julai – Suruhanjaya Syarikat Malaysia (SSM) melancarkan pensijilan digital ‘SSM BizTrust’ yang merupakan piawaian ditawarkan kepada entiti perniagaan secara dalam talian bagi meningkatkan tahap keyakinan pengguna terhadap produk jualan mereka.

SSM dalam kenyataannya memaklumkan, SSM BizTrust merupakan satu piawaian yang boleh diaplikasikan oleh entiti perniagaan dalam talian kerana diperakui dapat melindungi ke­selamatan dan maklumat syarikat perniagaan.

Menurut kenyataan tersebut, pensijilan digital itu adalah logo yang akan dipaparkan dalam mana-mana laman web perniagaan yang berdaftar di bawah SSM.

“Melalui SSM BizTrust, SSM akan memperakui bahawa sesebuah entiti perniagaan itu mematuhi ciri-ciri amanah yang ditetapkan, keselamatan secara dalam talian dan perlindungan maklumat.

“Dengan adanya paparan logo SSM BizTrust di sesebuah laman web, pelanggan akan lebih berkeyakinan untuk berurusan dengan entiti perniagaan yang menawarkan perkhidmatan atau sekadar berkongsi maklumat di dalam laman web tersebut dan seterusnya membuat transaksi secara dalam talian,” kata kenya­taan itu.

Melalui pensijilan digital berke­-
naan, kira-kira tujuh juta peniaga secara dalam talian di seluruh negara boleh mendaftar untuk melindungi perniagaan mereka.

Majlis pelancaran SSM BizTrust disempurnakan oleh Menteri Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan, Datuk Seri Hamzah Zainudin di Universiti Islam Antarabangsa Malaysia (UIAM) Kampus Kuantan di sini malam semalam.

Yang hadir sama Ketua Setia­usaha Kementerian Perdaga­ngan Dalam Negeri, Koperasi dan Kepenggunaan, Datuk Seri Jamil Salleh dan Ketua Pegawai Eksekutif SSM, Datuk Zahrah Abd. Wahab Fenner.

Selain pelancaran SSM BizTrust, turut berlangsung di lokasi sama siaran langsung Forum Perdana Ehwal Islam di TV1 yang dihadiri lebih 1,000 orang.

Forum yang membincangkan tajuk Saudagar Ekspres itu meru­-
pakan inisiatif Kementerian Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan dengan kerjasama UIAM, Jabatan Kemajuan Islam Malaysia (Jakim) dan Radio Televisyen Malaysia (RTM).

Artikel Penuh: http://www.utusan.com.my/berita/nasional/ssm-lancar-ssm-biztrust-1.505754#ixzz4sRCltTzJ 
© Utusan Melayu (M) Bhd 

Monitoring BizTrust seals 

  1. Once a BizTrust Seal is issued, the online trader may continue to display the seal on its website and will have to renew the assurance seal periodically. 
  2. The monitoring of BizTrust Seal may depend upon the online trader’s operation; the frequency of changes to the online trader’s systems and policies; and the professional judgement of Suruhanjaya Syarikat Malaysia (SSM).
  3. However, if the online trader is no longer in compliance, the online trader must remove the seal from its web site. 
The seal will remain valid for one year, plus a ninety day grace period, unless it is revoked or suspended. The grace period is provided to allow sufficient time for completing the follow-up review.
If SSM determines that the online trader’s systems, policies and disclosures fail to comply with the BizTrust Services Principles and Criteria at any time or if the online trader fails to renew the seal through a follow-up review at the end of one year, SSM will immediately notify the online trader and advise that the seal must be removed from the online trader’s web site and any printed or online materials.
SSM may restore a BizTrust Services Seal after it has been revoked or suspended if an unqualified report can be rendered. SSM may either reinstate the original report if it is once again accurate or issue a new report.


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