Licensed Manufacturing Warehouse (LMW)

Streamlined Compliance

Manufacturing-focused

In Malaysia, a Manufacturing Bonded Warehouse is known as Licensed Manufacturing Warehouse (LMW) established under the provision of section 65/65A of the Customs Act 1967.

LMW is a manufacturing unit (factory) granted to any person for warehousing and manufacturing approved products on the same premise. It is primarily intended to cater for export oriented industries. Customs duty exemption is given to all raw materials and components used directly in the manufacturing process of approved produce from the initial stage of manufacturing until the finished product is finally packed ready for export.

To comply with the Royal Malaysian Customs Department (RMCD) requirements, an LMW status company has to submit monthly and yearly return reports, i.e., M1, M2 and M4.

An LMW licensed company is given a limit by tariff codes to import duty free raw materials, machinery or spare parts. Thus, it is important for them to track and manage the duty exempted imports against this limit.

Discover how Phitomas LMWPro System assist LMW status companies

RMCD's Monthly and Yearly Return Reporting

LMW software assist users in generating these reports timely and accurately. It help users save time compiling these reports monthly.

Duty-Free Limit Management

LMW software provides users with year-to-date total purchased by using tariff codes against the approved limits, and flags any exceptions.

App Services

LMW software solves the issue of reports being compiled in spreadsheets or disparate locations by providing a centralized repository of data that can be retrieved at any time.

Seamless Integration with ERP / Accounting Software

LMW software can integrate with your existing ERP / Accounting software. Details can be extracted from your existing systems and stored into the LMW software automatically. Human error can be minimised to improve audit trail.

Periodic Reporting

LMW software prepares reports in a periodic manner, i.e., Opening In, Out and Closing Values. Simply enter your desired reporting period and it does the job for you, right when you need it.