Most blogshops are usually not registered as far as I know.
http://imaginaryspaces.com/eileen/?p=1810
My friend Sohail from Iran even keeps up with the news in Malaysia. He saw this article on unregistered businesses and forwarded me this news. I don’t keep up with the news locally… so this is what I think about these illegal online trades…
400 unregistered online biz charged
GEORGE TOWN: Four hundred online businessmen have been charged in court for not registering their business with the Companies Commission of Malaysia (SSM) in the past two years.
Deputy Domestic Trade, Cooperative and Consumerism Minister Datuk Rohani Abdul Karim said they were charged under Section 12 (1) (a) of the Registration of Businesses Act 1956 (Amendment 2001) which carries a fine of up to RM50,000 or imprisonment not exceeding two years.
He said individuals or companies conducting online business were not exempted from registering themselves to prevent fraud.
The Malaysian Communications and Multimedia Commission (MCMC) is monitoring online business to detect individuals and companies which conduct business illegally, he told reporters after opening a dialog on business ethical practices here today.
"Businessmen should be aware of their responsibility and code of ethics and should not victimise consumers," he said. – Bernama
I can’t blame the government for tracking down these people especially the one’s in illegal trades online (betting, porno, sex trades). However, of course it affects many online blog shops that do not have a registered company name. Mainly cause these blog shops are run by people who are still very young and looking to make a tiny profit!
Shoppilicious, fortunately being a registered company with the ROC does not have to worry about this!
Unfortunately, I’m not sure what are the trading legal laws like in Malaysia as it was never specified anyway. Are blog shops considered business? As far as I know, blogshops do not make a lot of money. May be few hundreds a month? If they are lucky, it can reach up to a RM1,000 on a bazaar night.
In order to safe your sorry arse from being FINE and DETAINED! Make an effort by registering a company name. That is if you are making a lot of money. Preferably RM1,000 and above monthly without fail! All you have to do is go to SSM and pay only RM100 for a year. You have to pay this fee annually. But it’s really not much!
Domestic Trade won’t go after online shops that barely makes any profit. But if you are an actual business that has income coming in a lot every month… it gets really fishy! So SSM will only track down these people. Blogshops are really safe.
As for those people who are making tons of money every month online…. Please get yourself registered. It’s only RM100 a year! Because of these people, we are affected too. Shoppilicious doesn’t make a ton of money and it’s saddened by the fact that we are being affected by irresponsible people or dishonest traders. But being that domestic trade is now tracking down people will also help us cause consumers may have a slight tinge of hope that shopping online is safer now. Or may be not. Which ever way they look at it… get yourself registered!!!
No comments:
Post a Comment