01160
Growing of fibre crops
This activity involves the cultivation of crops specifically grown for their fibers, which are used in various textile and industrial applications. It includes the growing of cotton, among other fiber crops.
Open to foreigners
Open to 100% foreign ownership under standard Malaysian policy.
- Foreign equity
- 100%
- Capital floor
- None
- Setup timeline
- 8–12 wk
Fully open
Standard Sdn Bhd RM 1
Foreign Sdn Bhd via Emerhub
Set up for this MSICOne-business-day quote · MSIC 01160 pre-filled
Laws of Malaysia
Governing legislation
May also applyAuto-identified
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For SSM registration
Activity details
Includes
growing of cotton
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 01160 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.