Just brief Info,
GOVERNMENT RULES & REGULATIONS
In Malaysia the Treasure Hunting or shipwreck excavation license is issued by Federal Government and Local
APPLICATION FEE:
No charge for the application.
SHARING AGREEMENT:
Seventy/Thirty (70/30) with seventy (70) percent to the salvage company and thirty (30) percent to the Malaysian Government. No deduction of project expenses in above sharing.
LICENSING PROCEDURE:
Federal Government and local Government- several department.
MALAYSIAN PARTNER COMPANY:
As with most SEA countries, no foreign company can work in Malaysia without having a written Joint-Venture Agreement with a local Malaysian Partner/Company. All licenses issued in the Malaysia Federal Government and local Government are issued in the name of the local company. All documentation is in Bahasa Malay.
FOREIGNERS:
This information is unknown at this time.
WORK SEASON:
The best time to work in Malaysia;
a) If ABOVE the equator - from October thru March.
b) If BELOW the equator - from March thru October.
