Section C · Manufacturing/Activity (5-digit)
30110

Building of ships and floating structures

Building of ships and floating structures

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 30110 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
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

building of commercial and passenger vessels

Excludes

manufacture of parts of vessels, other than major hull assemblies: manufacture of sails, see 13922; manufacture of ships propellers, see 25999; manufacture of iron or steel anchors, see 25999; manufacture of marine engines, see 2811. manufacture of navigational instruments, see 26511. manufacture of lighting equipment for ships, see 2740. manufacture of amphibious motor vehicles, see 29102. manufacture of inflatable boats or rafts for recreation, see 3012. specialized repair and maintenance of ships and floating structures, see 3315. ship-breaking, see 38301. interior installation of boats, see 43306

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 30110 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.

SSM activity-description generator