Section C · Manufacturing/Activity (5-digit)
23959

Manufacture of other articles of concrete, cement and plaster n.e.c.

This activity involves the manufacture of various products made from concrete, cement, and plaster that are not classified elsewhere. It includes the production of items such as asbestos-cement and cellulose fibre-cement products, including corrugated sheets, panels, tiles, tubes, pipes, and various containers and furniture.

Open · licence threshold

Manufacturing companies with shareholders' funds >= RM2.5M OR >= 75 full-time paid employees require a Manufacturing Licence from MIDA. 100% foreign equity is permitted.

Foreign equity
100%
Licence threshold applies
Capital floor
RM 2.5M
Minimum paid-up
Key licences
2
1 mandatory
Setup timeline
8–12 wk
Foreign Sdn Bhd via Emerhub
Set up for this MSICOne-business-day quote · MSIC 23959 pre-filled
Investment policy

Foreign ownership rules

Foreign ownership rules

  • Manufacturing Licence (ICA 1975)open-with-licenseMIDA

    Manufacturing companies with shareholders' funds >= RM2.5M OR >= 75 full-time paid employees require a Manufacturing Licence from MIDA. 100% foreign equity is permitted.

    Paid-up min: RM2,500,000
    Source

Sourced from MIDA sector booklets and respective regulators. Verify the latest rules with the regulator before investment decisions.

What you'll need to apply for

Licences & permits

Licences & permits

Specific to this activity
Mandatory
Conditional
Common requirements for most Malaysian businesses6

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 quote

Source: MalaysiaBiz / BLESS licence catalog.

For SSM registration

Activity details

Includes

manufacture of articles of asbestos-cement or cellulose fibre-cement or the like (e.g. corrugated sheets, other sheets, panel, tiles, tubes, pipes, reservoirs, troughs, basins, sinks, jars, furniture, window frames, etc.)

SST & Withholding Tax

SST Exempt
e-Invoice Required

Risk Level

Low Risk

Capital Allowance: Eligible for Heavy Machinery rate (20% Initial Allowance / 20% Annual Allowance).

Government Grants

SME Corp Eligible

Eligible for SME Corp manufacturing grants and industry development programmes.

e-Invoicing (MyInvois)

MSIC code 23959 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.

SSM activity-description generator