64992
Representative office of foreign banks
This 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.
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 64992 pre-filled
For SSM registration
Activity details
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 64992 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.