02303
Wild sago palm collection
This activity involves the collection of wild sago palms, which are primarily harvested for their starch. The process includes gathering the palm trees from their natural habitats and processing them to extract the edible starch used in various food products.
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 02303 pre-filled
For SSM registration
Activity details
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 02303 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.