66221
Insurance agents
This activity involves individuals or businesses that act as intermediaries between insurance companies and clients. Insurance agents facilitate the sale of insurance policies, providing advice and assistance to clients in selecting appropriate coverage options.
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 66221 pre-filled
For SSM registration
Activity details
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 66221 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.