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Business Reference Letter for Malaysia

Business Reference Letter Template for Malaysia

A Business Reference Letter is a formal document used in Malaysian business contexts to provide professional verification of a company's business standing, reliability, and commercial relationships. Operating under Malaysian law, particularly considering the Contracts Act 1950 and business practice guidelines, this document serves as an official testimony of business relationships and performance. It provides crucial information about a company's credibility, payment history, business conduct, and professional standing, while adhering to Malaysian data protection requirements and commercial practices.

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Business Reference Letter

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What is a Business Reference Letter?

A Business Reference Letter is a crucial document in Malaysian business practices, commonly used when companies need to establish their credibility with new business partners, financial institutions, or government agencies. This document type is particularly relevant in Malaysia's business environment where formal verification of business relationships and performance is often required for tender submissions, bank facilities, or establishing new business partnerships. The letter typically includes details about the duration and nature of business relationships, payment history, project completion records, and general business conduct, all while adhering to Malaysian legal requirements and business customs. It serves as a formal testimony of a company's business standing and is often required in various commercial transactions and regulatory compliance matters.

What sections should be included in a Business Reference Letter?

1. Letterhead: Company logo, name, address, and contact details of the person/organization providing the reference

2. Date: Current date when the letter is written

3. Recipient Details: Name and address of the person or organization to whom the letter is addressed

4. Subject Line: Clear indication that this is a business reference letter

5. Salutation: Formal greeting to the recipient

6. Introduction: Statement of purpose and identification of the business being referenced

7. Relationship Context: Description of the business relationship, including duration and nature of dealings

8. Performance Details: Specific information about the business's performance, reliability, and track record

9. Closing Statement: Recommendation statement and offer to provide additional information

10. Signature Block: Writer's name, title, contact information, and signature

What sections are optional to include in a Business Reference Letter?

1. Financial Standing: Include when specifically requested and appropriate to comment on financial reliability

2. Project Examples: Add when specific examples of successful projects or collaborations would strengthen the reference

3. Market Position: Include when relevant to comment on the company's standing in the industry

4. Trade Volume: Add when the scale of business relationship is particularly relevant

5. Compliance Statement: Include when regulatory compliance or certification status is important for the recipient

What schedules should be included in a Business Reference Letter?

1. Transaction History: Optional attachment showing history of business dealings (if relevant and permitted)

2. Project Completion Certificates: Copies of relevant completion certificates for major projects mentioned in the letter

3. Quality Certifications: Copies of relevant quality certifications referenced in the letter

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Malaysia

Document Type

Reference Letter

Cost

Free to use
Relevant legal definitions















Clauses














Relevant Industries

Banking and Finance

Construction

Manufacturing

Trading and Import/Export

Professional Services

Technology and IT

Retail

Healthcare

Education

Real Estate

Telecommunications

Logistics and Supply Chain

Energy and Utilities

Consultancy Services

Relevant Teams

Legal

Finance

Procurement

Business Development

Commercial Operations

Corporate Affairs

Administration

Compliance

Risk Management

Sales

Account Management

Executive Office

Relevant Roles

Chief Executive Officer

Managing Director

Finance Director

Commercial Director

Business Development Manager

Procurement Manager

Account Manager

Operations Director

Company Secretary

Senior Partner

Department Head

Regional Manager

Relationship Manager

Compliance Officer

Contract Manager

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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