Activities of holding companies
This activity encompasses the operations of holding companies that primarily own controlling interests in subsidiary corporations. These companies focus on holding assets and do not engage in managing or providing services to the subsidiaries they own.
Open to 100% foreign ownership under standard Malaysian policy.
- Foreign equity
- 100%
- Capital floor
- None
- Setup timeline
- 8–12 wk
Activity details
the activities of holding companies, i.e. units that hold the assets (owning controlling-levels of equity) of a group of subsidiary corporations and whose principal activity is owning the group. The holding companies in this class do not provide any other service to the businesses in which the equity is held, i.e. they do not administer or manage other units
active management of companies and enterprises, strategic planning and decision making of the company, see 70100, 7020
SST & Withholding Tax
Risk Level
e-Invoicing (MyInvois)
MSIC code 64200 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.