64991
Factoring companies
This 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.
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 64991 pre-filled
For SSM registration
Activity details
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 64991 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.