70201
Business management consultancy services
This activity covers the provision of advice and assistance to businesses on management issues. It includes services related to organizational planning, strategy development, and operational improvement.
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 70201 pre-filled
For SSM registration
Activity details
SST & Withholding Tax
SST 8%
Taxable Service (Group G — Professionals): Likely subject to 8% Service Tax if annual revenue exceeds RM500,000.
e-Invoice Required
WHT Applicable
WHT Risk: Professional or technical fees paid to non-residents subject to WHT under S109B ITA 1967.
Risk Level
Medium Risk
e-Invoicing (MyInvois)
MSIC code 70201 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.