03218
Operation of marine worm farms for fish feed
This activity involves the farming and cultivation of marine worms specifically for use as fish feed. It includes the management of marine worm populations and the harvesting of these organisms to supply the aquaculture industry.
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 03218 pre-filled
For SSM registration
Activity details
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 03218 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.