94120
Activities of professional membership organizations
This activity covers the operation of professional membership organizations that represent the interests of their members in various professions. These organizations may provide services such as networking opportunities, professional development, and advocacy on behalf of their members.
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 94120 pre-filled
Laws of Malaysia
Governing legislation
May also applyAuto-identified
Machine-identified from each Act's text — verify before relying on it.
For SSM registration
Activity details
Excludes
education provided by these organizations, see division 85
SST & Withholding Tax
SST Exempt
e-Invoice Required
Risk Level
Low Risk
e-Invoicing (MyInvois)
MSIC code 94120 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.