02203
Production of charcoal in the forest (using traditional methods)
This activity involves the production of charcoal using traditional methods within forested areas. It includes the collection of materials such as bark from inland and mangrove species, as well as firewood, which are essential for the charcoal-making process.
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 02203 pre-filled
For SSM registration
Activity details
Includes
collection of bark (inland species, mangrove species and gelam) and firewood
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 02203 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.