KUALA LUMPUR, Aug 27 – Pemudah, the country’s special task force dedicated to facilitate all aspects of doing business in Malaysia, has initiated a single number reference called MyCoID.
Initially, as of July 1, the single number reference is applied to five agencies, namely Inland Revenue Board (IRB), Human Resource Development Fund (HRDF), Employees’ Provident Fund (EPF), Royal Malaysian Customs (RMC) and Social Security Organisation (Socso).
All other agencies will be using the reference number in stages, according to a statement released by the Pemudah secretariat.
MyCoID is a standard identification number of a business entity for use in its interaction with government agencies.
It is the Companies Commission of Malaysia (CCM) business registration number for companies, sole proprietors and partnerships.
“New businesses registering with CCM from July 1, 2009, can use the MyCoID when registering with the five agencies – IRB, HRDF, EPF, RMC and Socso,” the secretariat said.
“Existing companies (those registered before July 1, 2009) will be able to use their registration numbers as their MyCoID when dealing with IRB, EPF, and HRDF from Sept 1, 2009.
However, for RMC and Socso, these companies can only use their CCM registration numbers as their MyCoID from Jan 1, 2010,” it said.
Full implementation of MyCoID by all five agencies is expected from Jan 1 next year.
MyCoID will replace all other identification numbers required for businesses when dealing with the different government agencies, the secretariat said.
In the initial phase, with the exception of payment, MyCoID can be used by new businesses for all other services from the five agencies, it said. These services, however, are confined to over-the-counter and telephone services. – Bernama
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