84300
Compulsory social security activities e.g. SOCSO
This activity covers the administration and management of compulsory social security programs, which provide financial support and benefits to individuals in case of unemployment, disability, or retirement. It includes activities related to the collection of contributions and the disbursement of benefits to eligible individuals.
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 84300 pre-filled
Laws of Malaysia
Governing legislation
May also applyAuto-identified
- Act 203LEMBAGA KEMAJUAN KELANTAN SELATAN ACT 1978
- Act 484LOANS (INTERNATIONAL FUND FOR AGRICULTURAL DEVELOPMENT) ACT 1992
- Act 697FEE (NATIONAL AGRICULTURE TRAINING COUNCIL) (VALIDATION) ACT 2009
Machine-identified from each Act's text — verify before relying on it.
For SSM registration
Activity details
Excludes
non-compulsory social security, see 6530. provision of welfare services see 8810 and social work (without accommodation) see 8890
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 84300 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.