45106
Car auctions
This activity involves the sale of motor vehicles through auction processes. It includes both physical and online auctions where vehicles are sold to the highest bidder, facilitating the transfer of ownership from sellers to buyers.
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 45106 pre-filled
For SSM registration
Activity details
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 45106 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.