Manufacture of sports goods
Manufacture of sports goods
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%
- Capital floor
- RM 2.5M
- Key licences
- 2
- Setup timeline
- 8–12 wk
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: RM2,500,000Source
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 businesses6
- Sales & Service Tax (SST) RegistrationIssued by Royal Malaysian Customs Department (RMCD)
- Signboard / Advertisement Licence (PBT)Issued by Local Authority (PBT)
- Local Authority Business LicenceIssued 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)
- Bomba Fire Safety Certificate (Sijil Perakuan Bomba)Issued by Fire and Rescue Department of Malaysia (Bomba)
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
manufacture of articles and equipment for sports, outdoor and indoor games, of any material (e.g. hard, soft and inflatable balls; rackets, bats and clubs; sailboards and surfboards; requisites for sport fishing, including landing nets; requisites for hunting, mountain climbing, etc.; leather sports gloves and sports headgear, roller skates; bow and crossbows; gymnasium fitness centre or athletic equipment, ski-boots, etc.)
manufacture of boat sails, see 13922. manufacture of sports apparel, see 14101. manufacture of saddlery and harness, see 15120. manufacture of whips and riding crops, see 15120. manufacture of sports footwear, see 1520. manufacture of sporting weapons and ammunition, see 25200. manufacture of metal weights as used for weightlifting, see 25999. manufacture of automatic bowling alley equipment (e.g. pin-setters) see 28290. manufacture of sports vehicles other than toboggans and the like, see divisions 29 and 30. manufacture of boats, see 30120. manufacture of billiard tables, see 32400. manufacture of ear and noise plugs (e.g. for swimming and noise protection), see 32909
SST & Withholding Tax
Risk Level
Capital Allowance: Eligible for Heavy Machinery rate (20% Initial Allowance / 20% Annual Allowance).
Government Grants
Eligible for SME Corp manufacturing grants and industry development programmes.
e-Invoicing (MyInvois)
MSIC code 32300 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.