03121
Fishing on a commercial basis in inland waters
Fishing on a commercial basis in inland waters
Open to foreigners
Open to 100% foreign ownership under standard Malaysian policy.
- Foreign equity
- 100%
- Capital floor
- None
- Key licences
- 3
- Setup timeline
- 8–12 wk
Fully open
Standard Sdn Bhd RM 1
3 conditional
Foreign Sdn Bhd via Emerhub
Set up for this MSICOne-business-day quote · MSIC 03121 pre-filled
What you'll need to apply for
Licences & permits
Licences & permits
Specific to this activity
Conditional
- Fish Trading Licence (LKIM)Issued by Lembaga Kemajuan Ikan Malaysia (LKIM) · LKIM Act 1971; Fish Marketing Regulations 2013Auto-mapped via semantic similarity (0.44)Fee: RM 303 processing + RM 300 annualValidity: 1 year (renewable annually)
- Temporary Occupation Licence (Fishing)Issued by Pejabat Tanah dan Jajahan Pasir MasAuto-mapped via semantic similarity (0.44)Fee: RM 10 processing + RM 25 plan fee + RM 122 filing + licence fee varies by land areaValidity: 4 years
- Fishing Vessel and Equipment Licence (FVEL)Issued by Jabatan Perikanan Malaysia (DOF) · Fisheries Act 1985Auto-mapped via semantic similarity (0.44)Fee: Varies by local authority
Common requirements for most Malaysian businesses5
- Sales & Service Tax (SST) RegistrationIssued by Royal Malaysian Customs Department (RMCD)
- Signboard / Advertisement Licence (PBT)Issued by Local Authority (PBT)
- EPF / SOCSO / EIS Employer RegistrationIssued by KWSP (EPF), PERKESO (SOCSO), EIS
- LHDN Employer Tax (E) RegistrationIssued by Inland Revenue Board of Malaysia (LHDN/HASiL)
- Local Authority Business LicenceIssued by Local Authority (PBT)
Have Emerhub file every licence above for you
We'll prepare the forms, liaise with each agency and track approvals — bundled with Sdn Bhd setup. Agency fees are paid to the issuing authority; our service fee is quoted separately.
Get a quoteSource: MalaysiaBiz / BLESS licence catalog.
For SSM registration
Activity details
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 03121 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.