07294
Mining of ilmenite
This activity involves the extraction of ilmenite, a mineral primarily composed of iron and titanium oxides. It includes operations that mine ilmenite from deposits, which can be used in various industrial applications, particularly in the production of titanium dioxide.
Open to foreigners
Open to 100% foreign ownership under standard Malaysian policy.
- Foreign equity
- 100%
- Capital floor
- None
- Key licences
- 1
- Setup timeline
- 8–12 wk
Fully open
Standard Sdn Bhd RM 1
1 conditional
Foreign Sdn Bhd via Emerhub
Set up for this MSICOne-business-day quote · MSIC 07294 pre-filled
What you'll need to apply for
Licences & permits
Licences & permits
Specific to this activity
Common requirements for most Malaysian businesses5
- Sales & Service Tax (SST) RegistrationIssued by Royal Malaysian Customs Department (RMCD)
- Local Authority Business LicenceIssued by Local Authority (PBT)
- 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)
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 07294 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.