Support activities for other mining and quarrying
Support activities for other mining and quarrying
Upstream petroleum operations require Production Sharing Contract (PSC) with Petronas. Foreign participation is structured via PSC terms, not equity.
- Foreign equity
- 100%
- Capital floor
- None
- Key licences
- 1
- Setup timeline
- 8–12 wk
Foreign ownership rules
Foreign ownership rules
- Oil & Gas UpstreamconditionalPETRONAS
Upstream petroleum operations require Production Sharing Contract (PSC) with Petronas. Foreign participation is structured via PSC terms, not equity.
Source
Sourced from MIDA sector booklets and respective regulators. Verify the latest rules with the regulator before investment decisions.
Licences & permits
Licences & permits
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.
Activity details
support services on a fee or contract basis, required for mining and quarrying activities of divisions 05, 07 and 08
operating mines or quarries on a contract or fee basis, see divisions 05, 07 or 08. specialized repair of mining machinery, see 33120. geophysical surveying services, on a contract or fee basis, see 71103
SST & Withholding Tax
Risk Level
e-Invoicing (MyInvois)
MSIC code 09900 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.