50122
Transport by towing or pushing of barges, oil rigs
This activity involves the transportation of barges and oil rigs through towing or pushing methods. It encompasses services that facilitate the movement of these large floating structures across water bodies.
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 50122 pre-filled
Laws of Malaysia
Governing legislation
May also applyAuto-identified
- Act 515MERCHANT SHIPPING (OIL POLLUTION) ACT 1994
- Act 633MALAYSIAN MARITIME ENFORCEMENT AGENCY ACT 2004
Machine-identified from each Act's text — verify before relying on it.
For SSM registration
Activity details
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 50122 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.