These Rules, which are effective from 1 June 2012 to 31 December 2012, stipulate that the fees for new registration and renewal of businesses shall be reduced to RM50 as a one-off payment fee for the period of 5 years.
Effectively, it means that in the period indicated, with a payment of RM50, a new business may be registered, and a further payment will be due upon renewal in the year 2017.
For more information, please refer to the relevant links as follows
Section 5 & Section 5A of the Registration of Businesses Act 1956
Rule 19 & Second Schedule of the Registration of Businesses Rules 1957