01299

Growing of other perennial crops n.e.c.

This activity covers the cultivation of perennial crops that are not classified elsewhere. It includes the growing of various types of plants that can live for multiple years, such as Christmas trees.

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 01299 pre-filled
Laws of Malaysia

Governing legislation

May also applyAuto-identified

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For SSM registration

Activity details

Includes

growing of Christmas tree

SST & Withholding Tax

SST Exempt
e-Invoice Required

Risk Level

Low Risk

e-Invoicing (MyInvois)

MSIC code 01299 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.

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