01221

Growing of banana

This activity involves the cultivation of banana plants for the production of bananas. It includes the growing of various types of bananas, which may be harvested for consumption or for further processing.

Open to foreigners

Open to 100% foreign ownership under standard Malaysian policy.

Foreign equity
100%
Fully open
Capital floor
None
Standard Sdn Bhd RM 1
Setup timeline
8–12 wk
Foreign Sdn Bhd via Emerhub
Set up for this MSICOne-business-day quote · MSIC 01221 pre-filled
For SSM registration

Activity details

SST & Withholding Tax

SST Exempt
e-Invoice Required

Risk Level

Low Risk

e-Invoicing (MyInvois)

MSIC code 01221 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.

SSM activity-description generator