6499
Other financial service activities, except insurance/takaful and pension funding activities, n.e.c.
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 6499 pre-filled
4 items in this class
Items
- 64991Factoring companiesThis activity covers financial institutions that provide factoring services, which involve purchasing accounts receivable from businesses at a discount. These companies manage the collection of the receivables, allowing businesses to improve their cash flow and reduce the risk of bad debts.
- 64992Representative office of foreign banksThis activity covers the operations of representative offices established by foreign banks in Malaysia. These offices primarily engage in activities such as promoting the bank's services, facilitating communication between the bank and its clients, and providing information about the bank's products, but they do not conduct banking transactions or accept deposits.
- 64993Nominee companiesThis activity covers the operation of nominee companies that act on behalf of other individuals or entities, typically in holding shares or assets. These companies provide a legal framework for managing ownership while maintaining confidentiality for the actual owners.
- 64999Other financial service activities, except insurance/takaful and pension funding n.e.c.This activity encompasses a variety of financial services that do not fall under the categories of insurance, takaful, or pension funding. It includes services such as financial leasing, investment advice, and other auxiliary financial activities that support the financial sector.