08992
Mining and quarrying of asbestos
This activity involves the extraction and processing of asbestos from natural deposits. It includes operations related to the mining and quarrying of asbestos, which is primarily used for its heat-resistant properties in various industrial applications.
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 08992 pre-filled
For SSM registration
Activity details
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 08992 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.