65302
Provident funding
This activity involves the management and provision of funds for employee benefit plans, which are designed to provide financial support and benefits to employees. It encompasses various types of funding arrangements that ensure employees receive benefits such as retirement plans, health insurance, and other welfare programs.
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 65302 pre-filled
For SSM registration
Activity details
Includes
employee benefit plans
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 65302 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.