01420
Raising and breeding of horses, asses, mules or hinnes
This activity involves the raising and breeding of horses, asses, mules, and hinnes for various purposes, including work, leisure, and competition. It specifically includes the breeding of racing horses, which are trained for competitive events.
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 01420 pre-filled
Laws of Malaysia
Governing legislation
May also applyAuto-identified
Machine-identified from each Act's text — verify before relying on it.
For SSM registration
Activity details
Includes
racing horses
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 01420 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.