72104
Research and development on biotechnology
This activity involves conducting research and development in the field of biotechnology, which includes the application of biological systems and organisms to develop products and technologies. It encompasses activities such as genetic engineering, molecular biology, and the development of biopharmaceuticals.
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 72104 pre-filled
For SSM registration
Activity details
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 72104 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.