Free Trade Areas (FTAS) & Licensed Manufacturing Warehouse (LMWS)

Course Objectives

  • Understand the concept of Licensed Manufacturing Warehouse
  • Understand the conditions to be complied with, its application and what benefits are derived from
    making use of such facility and not the least the requirements to be complied with
  • Understand how exporters, importers and manufacturers can expand their share into various markets
    through preferential tariff treatment
  • Envisage growth of new sectors such as high technology industries, biotechnology, manufacturing
    related services, ICT and multimedia
  • Understand how FTAS could assist in further development of SME and remain competitive not only in Malaysia but also in the global market

 

Target Audience

This program is designed for all Traders, Manufacturers, importers, Exporters who desire to obtain import
duty exemptions, tax and who want to take advantage of benefits offered by FTAS in reducing costs, expand into new market and to remain competitive; Tax Consultant, Finance Manager and Accountants

Methodology

This program is essentially participative and practical, emphasizing learning through experience, both from
structured activities on the program e.g. Role plays, group work, video screening, case studies and
discussion from individual experience.

Course Modules

LICENSED MANUFACTURING WAREHOUSE

  • MODULE 1 – CUSTOMS ORGANIZATION & STRUCTURE
  • MODULE 2 – LICENSED MANUFACTURING WAREHOUSE
  • MODULE 3 – APPLICATION FOR LMW LICENSE / DOCUMENTATIONS
  • MODULE 4 – EXEMPTIONS UNDER LMW
  • MODULE 5 – LMW PROCEDURES AND DOCUMENTATION
  • MODULE 6 – CONTROL OVER PREMISES AND ENFORCEMENT BY CONTROLLING STATION
  • MODULE 7 – IPC ACTIVITIES IN LMW
  • MODULE 8 – VALUED ADDED ACTIVITIES IN LMW
  • MODULE 9 – CONDITIONS OF LMW
  • MODULE 10 – OFFENCES & PENALTIES UNDER LMWS

FREE TRADE AREAS

  • MODULE 11 – OBJECTIVES OF FTAS
  • MODULE 12 – RATIONALE BEHIND FTAS
  • MODULE 13 – SCOPE OF FTAS
  • MODULE 14 – REGIONAL AND BILATERAL FTAS
  • MODULE 15 – BENEFITS OF FTAS
  • MODULE 17 – DETERMINATION OF ORIGIN CRITERIA
  • MODULE 18 – OPERATIONAL / CERTIFICATION PROCEDURES FOR RULES OF ORIGIN
  • MODULE 19 – APPLICATION PROCEDURES FOR CERTIFICATE OF ORIGIN 3
  • MODULE 20 – CLAIM FOR PREFERENTIAL TARIFF AND RELATED CUSTOMS PROCEDURES
  • MODULE 21 – APPLICATION OF HARMONISED SYSTEM CODING (HS) IN FTAS

Get To Know The Trainer

Trainer Titus

 4.5

Titus Pereira holds a Bachelor of Management (Accounting & Finance) Hons, University Science Malaysia, and Penang and is currently completing his MBA from MMU.  He is a trained and certified consultant for supply-chain, utilizing the SCOR (Supply-Chain Operations Reference-model) methodology by Supply-Chain Council of USA.

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COURSE DETAILS

COURSE INCLUDE

RM1,199/DAY

*T&C Applies

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