08916
Mining of natural borates, natural magnesium sulphates (kieserite)
This activity involves the extraction of natural borates and natural magnesium sulphates, specifically kieserite. These minerals are typically used in various industrial applications, including agriculture and manufacturing.
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 08916 pre-filled
For SSM registration
Activity details
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 08916 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.