Financial leasing activities
This activity involves financial leasing, where the lease term is designed to cover most of the asset's expected life. The lessee gains nearly all the benefits and assumes the risks associated with ownership of the asset.
Open to 100% foreign ownership under standard Malaysian policy.
- Foreign equity
- 100%
- Capital floor
- None
- Setup timeline
- 8–12 wk
Governing legislation
Machine-identified from each Act's text — verify before relying on it.
Activity details
leasing where the term approximately covers the expected life of the asset and the lessee acquires substantially all the benefits of its use and takes all the risks associated with its ownership
operational leasing, see division 77, according to type of goods leased
SST & Withholding Tax
Risk Level
e-Invoicing (MyInvois)
MSIC code 64910 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.