News syndicate and news agency activities furnishing news, pictures and features to the media (e.g. Bernama)
SST & Withholding Tax
Digital Service (Group I — IT Services): Subject to 8% Service Tax.
Risk Level
Capital Allowance: Eligible for Accelerated Capital Allowance on ICT Equipment (40% Initial / 20% Annual).
Government Grants
Eligible for MDEC Digital Status (MSC Malaysia). Apply via mdec.my.
News syndicate and news agency activities furnishing news, pictures and features to the media (e.g. Bernama)
Includes
news syndicate and news agency activities furnishing news, pictures and features to the media (e.g. BERNAMA)
Excludes
activities of independent and photojournalists, see 74200. activities of independent journalists, see 90005. activities of libraries and archives, see 9101
Classification Path
e-Invoicing (MyInvois)
MSIC code 63910 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.
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