46697

Wholesale of precious stones

This activity involves the wholesale trade of precious stones, including diamonds, rubies, sapphires, and other gemstones. It encompasses the buying and selling of these stones in bulk to retailers or other businesses, rather than directly to consumers.

Open to foreigners

Open to 100% foreign ownership under standard Malaysian policy.

Foreign equity
100%
Fully open
Capital floor
None
Standard Sdn Bhd RM 1
Setup timeline
8–12 wk
Foreign Sdn Bhd via Emerhub
Set up for this MSICOne-business-day quote · MSIC 46697 pre-filled
For SSM registration

Activity details

SST & Withholding Tax

SST Exempt
e-Invoice Required

Risk Level

Low Risk

e-Invoicing (MyInvois)

MSIC code 46697 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.

SSM activity-description generator