62021

Computer consultancy

ItemLevel 5Use for SSM Registration

SST & Withholding Tax

SST 8%

Digital Service (Group I — IT Services): Subject to 8% Service Tax.

e-Invoice Required
WHT Applicable

Royalty Risk: Software licensing or technical fee payments to foreign entities subject to 10% WHT under S109 ITA 1967.

Risk Level

High Risk

Capital Allowance: Eligible for Accelerated Capital Allowance on ICT Equipment (40% Initial / 20% Annual).

Government Grants

MDEC Eligible

Eligible for MDEC Digital Status (MSC Malaysia). Apply via mdec.my.

Computer consultancy

Includes

planning and designing of computer systems that integrate computer hardware, software and communication technologies

e-Invoicing (MyInvois)

MSIC code 62021 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.

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